Finance skills for non-financial managers
Open Programme and Group Training available
Summary
- Certificate of completion - Free
- Tutor is available to students
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Overview
Our Finance skills for non-financial managers training is a finance course that uses plain English to demystify financial accounts, providing you with a clear understanding of business finance.
This course teaches finance for non-finance managers and covers a range of tools and concepts to help you understand your organisation's finances and give you the confidence to make financial judgements.
You will leave with a thorough grounding in finance and how it works; enabling you to understand the financial implications of your business decisions. This is finance training at its best - clear, informative, practical and fun!
Want us to deliver this course at your organisation? Contact us for a bespoke quote.
Please note our Standard Private course price is £1468.80 Incl VAT. Our Not for Profit price is £1309.20 Incl VAT.
Please enquire for course dates.
Certificates
Certificate of completion
Digital certificate - Included
Description
Finance for Non Financial Managers Course.
You will learn:
Financial accounts
- profit and loss accounts and how to understand them
- reading an income and expenditure account and analysing the finance flows within your organisation
- cash and accruals accounting showing how each is used
- terminology associated with income and expenditure accounting
- communicating effectively with finance professionals
- analysing trends in financial flows and formulating appropriate questions
- reading a balance sheet and analysing the financial position of the organisation
- how an asset register is used
- analysing your accounts
- constructing a cash flow statement from narrative information
- the different rules for charity accounting under the Charity SORP and the presentation of company and housing association accounts
Management accounts
- the budgeting process
- how budgeting relates to strategic objectives and good governance
- constructing a budget
- estimating costs and income accurately for budget purposes
- using management accounts to understand the past and forecast the future
- cost centres - understanding how they are used in your organisation
- nominal, purchase and sales ledgers
- using benchmarking in constructing a budget
- distinguishing between fixed and variable costs
- using the concepts of break-even pricing
- a template to forecast the effects of changing costs, sales volume and price
- evaluating opportunity costs
- a year of free support
Who is this course for?
This course is for managers, board members and budget holders across all sectors who need to know about organisational finance to help improve the profitability and performance of their business. Finance for non-financial managers is suitable for people who have little or no knowledge of finance.
"everyday examples as well as business examples which helped me and my colleagues to understand and retain the information we were being given." - GP, Events Officer, British Society for Rheumatology
"thorough & engaging. It helped to learn from someone who was passionate and helped us feel more comfortable with finance." - B.H, Event Manager, ABF The Soldier's Charity
"excellent tutor who communicates very well and makes the subject matter interesting." - M.I, Chief Executive, Dispensing Doctors' Association
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Provider
Since 1996 we've been providing people and organisations with face to face soft skills training. With a dedicated training space in central London, and a network of over 30 expert trainers, we have everything you need to make your learning and development plan work!
We specialise in management, administration, communication, personal effectiveness, and writing skills courses; covering everything from Finance skills for non financial managers, right through to Listening skills and Project management. You won't find any 'talk and chalk' here, we know that a lively, interactive, session gets the best results (with plenty of snacks along the way!).
Our Open programme courses, based in London, also give delegates a great opportunity to network and learn from each other. Small groups of up to 12 learners allows for a comfortable and safe learning environment, and also means that our trainers can give everyone the attention they need.
Behind the scenes, we have a team of friendly Training coordinators who work closely with trainers and delegates to ensure that your training is the best that it can be. Courses are regularly reviewed and updated, and we're continuously researching and keeping track of the latest learning and development techniques and trends.
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Legal information
This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
