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Finance for Non-Financial Managers
(2-day): 3 June 2020

Price: £550.00 (ex VAT) per delegate


Details:

3 - 4 June 2020

2-day Finance for Non-Financial Managers course

Finance is the language of business and managers who have a comprehensive understanding of the fundamentals of finance are by far more successful than those who have no or even a rudimentary understanding. They are able to read, analyse, interpret and utilise financial data as they develop a clear picture of the business.

This 2-day course is designed to be highly practical and interactive as you learn the core principles of finance and accounting. You will, through the interactive use of the tools provided, understand the relationship of various key principles and processes, as well as develop the knowledge of how to analyse and utilise the financial data you receive as a manager.

Subject covered in this course include:

  • Understanding key accounting concepts
  • Assets 
  • Liabilities
  • Equity
  • Gross Profit
  • Operating Profit
  • Net Profit
  • Understanding the 4 key financial statements and how they can be used to discover threats and opportunities with in the business
  • Balance sheets
  • Income Statements
  • Profit and Loss Statements
  • Cash flow forecasts
  • Understanding debits and credits
  • Accrual verses Cash accounting
  • Ratios
  • Accounting cycles
  • Operating and capital budgets
  • Analysis of accounts, break-even, financial decision making
  • Fixed and variable costs
  • Assumptions and facts
  • The practical working of these in storyboard form

The target audience for this course is junior and senior manager, supervisors and business leaders who have a budgetary function and need to understand and interpret financial data. That would include managers who are responsible for a departmental budget, production and operations managers, human resource managers and business unit managers.

 


Venue:

BPMA Offices
The National Metalforming Centre
47 Birmingham Road
West Bromwich
B70 6QE