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Financial Development Programme for Non-Financial Managers (2 day course)


Practical Training for Professionals

Summary

Price
£672 inc VAT
Study method
Online + live classes
Duration
2 days · Full-time
Qualification
No formal qualification
Additional info
  • Tutor is available to students

1 student enquired about this course

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Overview

Understanding the financials has never been more important for the managers and leaders of organisations. Better decision making results from an improved understanding of the numbers and therefore better profits and cash flow.

This highly practical and engaging two-day programme will help directors and managers develop their knowledge of finance, understand how their decisions affect an entity’s financial health and performance and what action they can take to positively impact the bottom line.

Throughout the two days, you will learn how to read and interpret the key financial statements, find out why cash and profits are different, discover how to influence and improve profitability, enhance budgeting skills and carry out a practical team activity to put all the learning into practise.

Description

Financial Development Programme for Non-Financial Managers (2 day course)- Virtual Training - Timetable

Day 1

09.30 – 09.45 Welcome & introductions
09.45 – 10.00 Introduction to financial and management accounts
10.00 – 11.00 Profit and Loss Account
11.00 – 11.15 Coffee break
11.15 – 11.45 Profit and Loss Account, continued
11.45 – 12.30 Cash is King
12.30 – 13.30 Lunch break
13.30 – 14.15 Cash is King, continued
14.15 – 14.45 Balance Sheet
14.45 – 15.00 Afternoon tea break
15.00 – 16.00 Balance Sheet, continued
16.00 – 16.15 Quiz
16.15 – 16.30 Day One Summary

Day 2

09.30 – 09.45 Day One Review
09.45 – 10.00 Influencing & improving profitability
10.00 – 11.00 Understanding ratios
11.00 – 11.15 Coffee break
11.15 – 11.45 Key performance indicators
11.45 – 12.30 Planning, budgeting & forecasting
12.30 – 13.30 Lunch break
13.30 – 14.15 Planning, budgeting & forecasting, continued
14.15 – 14.45 Cost-benefit analysis
14.45 – 15.00 Afternoon tea break
15.00 – 16.15 Team activity
16.15 – 16.30 Learning review & action plan

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.