After our finance for non-financial managers training you should:
- Understand the basic principles and terminology of finance
- Feel more confident in asking relevant questions and understanding the answers of your finance department
- Improve ability and confidence in preparing and controlling budgets
- Be able to recognise potential financial problems and address them swiftly.
Finance training for non-financial managers is for managers who need to understand the language and basic principles of finance in organisations and who wish to feel confident with budget preparation.
This finance training for non-financial managers covers:
- Addressing the barriers of the jargon of finance that can preclude non finance managers from understanding the finance department
- The annual accounts: understanding the differences and links between the profit and loss (or income and expenditure) account, the balance sheet and cash flow statement with practical work to embed the learning
- What is depreciation: methods of calculation and what it means in financial terms
- The behaviour of costs and the importance of fixed and variable costs to decision making
- Simple break even, how it helps the business plan for profit and how to calculate it
- The importance of cash flow to business survival and why profit is not the same thing as cash
- Working capital: what it is and the importance of effective working capital management
- Ratio analysis - how we use financial ratios to assess trends and understand their implications for the organisation
- Managerial responsibility: preparing budgets, the 7 steps to successful budgeting, preparing a budget under realistic constraints, monitoring and control of budgets.
Payment:
Must be made in full no later than 14 working days prior to the course start date.
Transfers:
The following charges will apply if you wish to transfer your booking to a later course date:
21+ working days before a course = 0% of the course fee
5-20 working days before a course = 50% of the course fee
1-4 working days before a course = 100% of the course fee
To transfer a delegate please call us on 0800 022 3410.
Substitute delegates:
You can transfer a place on a course to a substitute delegate free of charge.
Cancellations:
The following charges will apply if you wish to cancel a course:
21+ working days before a course = 20%
1-20 working days before a course = 100%
Cancellations must be received in writing via email to courses@capita-ld.co.uk and must contain the full booking details including
organisation name, booking and delegate contact details.
For full terms and conditions please see Terms and conditions
page, for other queries please refer to our frequently asked questions page.