Finance for Non-financial Managers

[gravityform id="33" name="Finance for Non-financial Managers" title="false" description="false" ajax="true"]

Introduction

Finance for Non-financial Managers training course is designed to provide non-financial managers with a greater understanding of the way finance affects their business performance. This course will enable managers to become strategic thinker and planner and help them become a bigger players in corporate world.

Who should attend

Finance for Non-financial Managers one week training course is for business owners and managers who need to communicate with stakeholders, investors, funders and banks.It is ideal for anyone who has a basic knowledge already and understands the terminology but needs more financial awareness.

Course Content

Introduction to Financial Statements

  • Importance of financial measures
  • Financial accounting and management accounting
  • Participants’ needs and wants from the course
  • Introduction of the basics of accountancy

The Balance Sheet

  • The key components of the Balance Sheet
  • About Fixed Assets
  • Current Assets – what they are, and how to improve
  • Current Liabilities – what they are
  • The vital importance of Working Capital management
  • About Gearing

The Income and Expenditure Account (or Profit and Loss Account)

  • The key components of the P&L Account
  • Why Profit is so important, and how it links to the Balance Sheet
  • Understanding Ratios
  • Managing the Gross Profit Margin
  • How managers worsen, or improve, the Gross Profit Margin
  • Different types of costs

Using Ratios to benchmark Performance

  • What are the key ratios
  • What do they mean
  • Using these ratios to benchmark our performance

Return on Capital Employed

  • What is Return on Capital Employed?
  • Elements of ROCE
  • Comparison of ROCE
  • Financial Analysis with ROCE

Moving from Analysis to Forecasting

  • The principles of Forecasting and Budgeting
  • Revenue Budgets – what they are, how to use the 3 approaches to budgeting to motivate improved performance
  • Capital Expenditure – understanding the time value of money
  • Cost – Benefit Analyses – projects, new equipment, more staff, they all cost money
  • How to do a Cost-Benefit Analysis
  • Where budgeting can go wrong, and how to avoid the principal problems
-DOWNLOAD COURSE CONTENT PDF

Learning Outcome

By the end of the course, participants will be able to:

  • Understand fundamental financial terminology and concepts
  • Read and interpret financial statements
  • Gauge the financial impact of operational decisions
  • Understand the basis for evaluating investment decisions
  • Integrate financial concepts and policies into the management decision and budgeting process
  • Evaluate the meaning of income statements and balance sheetsEmploy cash flow analysis to assess business status
  • Calculate the cost of business activities
  • Control business operations through effective budget management
  • Communicate effectively with financial executives and staff

Want to make an enquiry on Finance for Non-financial Managers Training Course?

Please call us on +44 (0) 207 112 4846, email us at training@boc-uk.com or complete our on-line form below.

[gravityform id="4" name="ENQUIRY: Team Leadership: Successful Team Communication" title="false" description="false"]

Small Classes

With small class sizes, much more individual attention can be given to each delegate.

Competitive Pricing

We believe our prices are very competitive and our quality is second to none.

Friendly Staff

Our friendly Customer Support team is here to help you with every step of the way to make your BOC experience comfortable and welcoming.

WAYS TO REGISTER FOR OPEN FINANCE TRAINING COURSES

Course registrations can be made via our website either from individual course pages or through our booking page.

Alternatively, you can download and complete course application form and send via email: training@boc-uk.com or        fax: +44 (0) 207 112 4845 Call: +44 (0) 207 112 4846

BOC APPROACH

Why Choose BOC?

Commitment to Quality

We strive to provide the best service possible, with the highest regards to quality and professionalism.

Different trainers every day

Each day we have different trainers to maximise the experience sharing.

Kindle for every BOC Delegate

to promote paper free environment, we are giving Kindle Fire to our delegates instead of the course binder.

Luxury Course Venue

All our Training Courses take place at the luxury 4-5 Star hotels located in central London

Certificate of Achievement

At the end of the programme participants will receive a certificate of achievement.

FREE On-going Support

Each delegate receives unlimited support from the trainers after they attended the course with us.

TAILORED MADE / IN-HOUSE MANAGEMENT TRAINING COURSES

All of our open courses can also be run as bespoke courses, tailored to your organisation's specific needs and requirements. Our Tailored Management Training comes in many formats from one-to-one through to fully customised company wide programmes.

To find out more email: training@boc-uk.com or call us on +44 (0) 207 112 4846

ONE TO ONE COACHING & MENTORING

All of BOC open courses can also be run as One to One Training Sessions, where delegate gets a dedicated trainer for their specific learning requirements. This mode of training is highly preferred by those who need undivided attention of the instructor for a fulfilling learning experience. The courses can be tailored to suit the individual needs of the organisation and the delegate.

To find out more email: training@boc-uk.com or call us on +44 (0) 207 112 4846

JOIN OUR MAILING LIST

Like us on Facebook and follow us on Twitter to keep up to date with with news and updates on conferences and upcoming training courses.

RELATED COURSES

This course provides an overview of the global financial environment, presents the BOP accounts, imparts a serious discussion of foreign exchange-rate determination and markets; and heavily emphasizes both foreign exchange-rate risk management and corporate strategy for foreign direct investment.

This intensive one week course picks up on the more advanced aspects of financial management to further develop the skills and confidence to manage the strategic aspects of finance.

RELATED READING

"Finance for Non-Financial Managers and Small Business Owners, 2nd Edition" helps managers understand the basics of finance so that they can make informed financial decisions. From the fundamentals of cash management, understanding statements, and monitoring cash flow to banking, planning, and obtaining capital.

Whether you are finding your way as a manager or you want to enhance the skills you already have, the Instant Manager series is exactly what you need! Written by leading experts, they are inexpensive, concise but above all authoritative guides to the subject at hand. The portable format allows you to carry the book easily to fit learning and development into your busy work life.

BOC LATEST BLOG POSTS

VIEW ALL -
TOP
mega sloto
agen bola euro 2021 Agen bola agen slot agen slot pragmatic play judi online slot online jadwal euro 2021
judi bola slot pragmatic situs judi bola situs judi bola pragmatic play judi bola idn poker Situs Judi Online