Financial Development Programme (3 Days)

Overview

Are you a director or senior manager, either current or aspiring, who would like to learn more about finance in order to contribute more effectively and meaningfully to your organisation? As a director, do you know you have the same level of responsibility for financial matters and decision making as your Finance Director? Would learning key financial skills in a non-financial role help you stand out from the crowd and earn you exciting promotional opportunities?

Then look no further than our 3 day Financial Development Programme which will fully equip you with all the financial information, skills and knowledge you need to achieve your goals.

This 3 day course is taught by an energetic fully qualified accountant and commercially focused Finance Director who combines her extensive knowledge and experience of finance with a great passion for providing training and coaching which delivers results and builds confidence.

Timings: 9.30 am to 4.30 pm on each day. The final day will finish earlier for smaller groups of delegates.

Booking confirmations: We will email you to confirm receipt of your booking within five working days. A confirmation invoice will be issued to either request payment by either BACS/cheque or confirmation of payment if you have made a card payment already through our World Pay Account. Again this will be issued within five working days. Also detailed joining instructions are normally released by email at least seven working days prior to the date of the course.

We look forward to receiving your booking and welcoming you onto the course.

Objectives

Programme Details:

Day 1

Understanding & Interpreting Financial Statements

Key learning outcomes:

Introduction to the accounting framework, accounting principles & accounting standards
Distinguish between management accounts and the statutory financial reports of a company
Consider the vital importance of cash & cash forecasting in business survival & growth
Learn to understand and compile the primary financial statements:
- Profit and loss account/income statement
- Balance sheet
- Cash flow statement
Analyse and interpret these financial statements
Evaluate and monitor the financial health and strength of the business using accepted financial ratios and other analysis tools (including spotting warning signs)
De-mystify finance & accounting jargon

Day 2

Budgeting, Planning & Forecasting

Key learning outcomes:

Discuss the purpose & uses of business plans, budgets & forecasts
Provide an overview of the business planning cycle
What to include in your business plan document
Ascertain the budgeting process
Compile your company & department budgets and forecasts
How to present & communicate your business plan and budget
Monitoring performance against plan including KPIs
Identifying corrective action to stay on track

Day 3

Using Finance for Business Growth & Development

Key learning outcomes:

Develop project appraisal techniques
Appraise and interpret the key components of capital investment projects
Why businesses need funding – raising short, medium & long term finance
Differentiate between the various sources of finance available to a company and their relative advantages and disadvantages
Discover how companies are valued
Discuss what robust financial management & control looks like and what investors & auditors will expect to see
Determine what to expect from your Finance Director and finance function

Please Note: Each programme starts with the date show and runs for three consecutive days.

Who should attend?

Current and aspiring Senior Managers and Directors wanting to gain a comprehensive understanding of the financial information, skills and knowledge you need to achieve your goals.

Testimonials

Very enjoyable, I will be able to use this training in my roles in the short and long term

Great balance of theory and practical experience provided – a fantastic foundation for exploring and discussion all areas of business finance

Great trainer who I will not have any problem in recommending others to attend the programme