finance for the non-financial manager

Managing a budget and understanding finance are fundamentals you can't ignore in business. But if you've no experience of accounting or economics it can be difficult to make sense of them fast. This course has been designed to fill the finance knowledge gaps of non-financial managers. You begin by looking at the different types of financial information and how businesses are financed, focusing on the role of Accountant. The second module gives you skills to prepare and implement a budget for your team, knowledge of different types of costs and how cost centres work, and an understanding of how to build in overheads when you're working out the cost of producing a product or providing a service. Module Three familiarises you with balance sheets, profit and loss accounts, and cash flow forecasts so that you can interpret the information they provide and manage working capital. The final module looks at the main techniques used to evaluate investment proposals and how to interpret them, along with the non-financial factors that can have a bearing on your decisions

finance for the non-financial manager- uk (England, Scotland, Wales)

Outline and learning objectives:
Module 1: Finance and Financial Information On successful completion of this module you will understand some of the major aspects of accounting and the differences between financial accounting and management accounting. You should also understand the role of the Accountant.
Module 2: Understanding Budgets and Costs On successful completion of this module you will prepare and implement a budget for your team. You will know the different types of costs, understand how cost centres work and how they can build in overheads when you are working out the cost of producing a product or providing a service.
Module 3: Understanding and Analysing Accounts On successful completion of this module you will be familiar with balance sheets and profit and loss accounts and be able to interpret the information they provide. You will be familiar with cash flow forecasts and how they can help to manage working capital.
Module 4: Making Financial Decisions On successful completion of this module you will be familiar with the main techniques that are used to evaluate investment proposals and how to interpret them. You should also know about the non-financial factors that can affect your decisions.

Course Modules:
Finance and Financial Information.
Understanding Budgets and Costs.
Understanding and Analysing Accounts.
Making Financial Decisions.

Northern Ireland and Ireland finance for the non-financial manager- Course Details

Course Code: 100451SM011

Duration of Course: 9hrs

Price: £49.99