Finance for Non Financial Managers Training Course
It assumes no prior knowledge and uses everyday terminology to dispel the mists put up by the financial world which perhaps encourage you to believe it is difficult – it isn’t; and what’s more it can be fun!
You will leave with the ability to:
- Manage working capital and cash flow better
- Maximise profitability
- Be able to read financial statements
- Be able to interpret the figures
- Understand the jargon used in the financial world and enter with confidence into financial conversations back at work
You are encouraged to contribute to the day from your experience and also ask questions at any time.
I liked the non-figures based, conceptual approach and the simplicity of the explanations – it was enjoyable and informative. Thank you!
Really great course and very interesting. The pace was perfect and everything was explained clearly.
Objective:
-
To enable delegates to understand financial language and concepts
-
To be able to use that understanding in their business context through:
-
Contributing constructively in conversations around financial issues
-
Understanding how they may be able to act differently in their work environment to support better financial outcomes
-
-
To take away the ‘fear factor’ of finance and appreciate that at its heart it is really simple
Structure:
Key workshop areas:
Session 1: 10.30 – 12.30
- Financial jargon
- Where does all the money come from – sources of funds
- Fixed assets, depreciation, EBITDA and other things to be scared of…
- Working capital – what is it and why does it matter? Seeing how Covid-19 is impacting this massively
- A memorable model to tie all of this together – bring your coloured pencils!
- Action planning – where do you play your part on optimising working capital
Session 2: 14.00 – 15.30
- Another model - this time looking at how we influence profitability
- What are the different kinds of cost and expenditure and why it matters?
- Profitability: Net, gross, bottom line, operating, retained, EBIT – let’s sort it all out
- Action planning – how can you influence this in your organisation
- Published accounts: an opportunity to look at a well-known company. I’ve used this company for years and always wondered about one number! What did the press say only last year, where did it all go wrong and what happened?
Online Course Details
Duration: 2 sessions in 1 day | Member Cost: £335+VAT pp |
Credits: 2.2 | Non-member Cost: £502+VAT pp |
This course is also available in-house, please contact us to discuss your needs
*Membership from £50+VAT per annum - join now and save on training
United Kingdom
Course Fee: £502 | £502.00 |
Event+
|
Credits Usage
|
Sub Category
|
Course Categories
|
Please check our latest courses available in our online listings.