Finance for Directors
Overview
This programme is designed for Directors who have some limited financial knowledge but have a need to understand more 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 to identify how profitability can be improved and cash flow managed more effectively
Key skill sets taught
Our finance for Directors training course will teach you the skill sets required to effectively communicate with financial managers and external stakeholders. Key financial skills taught include:
- Overview of financial terminology
- Interpreting financial statements
- The difference between profit and cash
- How to design decision based information
- Measuring contribution and the impacts of pricing
- Understand break even levels
- Managing working capital
- Importance of Budgeting and Forecasting
- Key financial ratios
- Financial Investment appraisal
- Corporate financial assessment
Who Should Attend?
This course is aimed at Directors who need to improve their understanding of finance and increase their knowledge in order to help them manage their business.
Benefits To You & Your Organisation
- Attendees will be more at ease with financial language and understand financial statements.
- Be more aware of the impact of decisions on the profitability of the business.
- Understand the importance of decision based information
- Know how break even levels are calculated
- Be able to radically improve planning and financial budgeting skills.
- Know how to use key financial ratios
- Have a greater awareness of the finance function within the organisation
The cost would include upto eight delegates and include all bespoke training material.
We also run Finance for Non-Financial Managers Scheduled events - see our Finance Course page.