Finance Training for Non-Financial Managers
Overview
The workplace is an ever evolving environment and today Non Financial Managers are required to hold the knowledge of key financial concepts. This has come about from the necessity to create synergy between the finance department and non finance departments so shared business objectives and drivers can be communicated effectively.
- This programme is designed for non financial managers who are not accountants but have a need to have an understanding of how finance works.
- It demystifies finance and the finance department by explaining simply and clearly what they key financial statements mean, how they work and relate to each other and how the actions of managers affect them and the business.
- The course will empower you with the knowledge required to present reports to boards or committees using the correct financial terminology
Who Should Attend?
This course is for anyone who needs financial knowledge to manage their department or business.
Benefits To You & Your Organisation
- Attendees will be at ease with financial language and get to grips with financial statements.
- Understand cash flow and cash management.
- Be able to radically improve planning and financial budgeting skills.
- Know what management accounting is and financial costing on a relevant and accurate basis.
- Know what financial figures reveal - understanding and interpreting accounts.
- Be more aware of the impact of decisions on the profitability of the business.
- Have a greater awareness of the finance function within the organisation.
Key skill sets taught.
Our finance for non financial managers training course will teach you the skill sets required to effectively communicate with financial managers. Key financial skills taught include:
- Correct financial terminology
- Grounding in the history of the finance department
- Interpreting financial statements
- Managing financial performance measurement
- Financial Forecasting
- Financial Budgeting
- Financial Investment appraisal
- Corporate financial assessment
A few of the comments from attendees todate:
Very Well Done Course - good to learn the basics but also have a sound foundation to build on "watchout accounting"
Trainers presentation style was excellent and helped to put attendees at ease. Course small size was useful to encourage attendees to share experiences / ask questions openly.
Excellent. Very Clear and Confidence building
Course has given me a better understanding of Financial requirements. I can include information to save time and effort from the Financial Department.
An excellent all round course - recommended.
It was excellent for the broad group involved, who had different levels and areas of responsibility for financial management tasks
The trainer did an excellent job and the day was interactive and interesting
Examples and Case Studies particularly good
I found the day very informative with a very good presentation of such a large topic
Good pace, covered what the delegates needed, easy to ask questions and very patient !
Provided vital financial knowledge to help in running a strong and effective organisation in a challenging climate