Finance For Non Financial Managers

Finance for Non-Financial Managers

This is a one day practical event that will focus on providing the skills managers need to read and understand the key financial documents, i.e. Balance Sheet, Profit and Loss Account and Budgets. It will use practical examples and participants are encouraged to take their own company documents along. They can receive one-to-one coaching regarding these documents.

The course is designed to involve participants in various practical exercises to practice the key inputs of the course. At all stages the tutor will provide guidance and support to ensure the individuals are grasping the key elements. This ensures they can apply the course content back to the workplace.

Course Objectives

By the end of the event participants will be able to:

1. Read a Balance Sheet and Profit & Loss Account accurately.
2. Identify the key areas of strength in a set of business accounts.
3. Identify the key areas of difficulty with a set of business accounts.
4. Calculate the 4 key ratios to identify the health of a business.
5. Construct and analyse the budget for a department.
6. Develop an approach to reading budgets which identifies solutions and recommend courses of action.

•  finance-for-non-financial-managers.doc

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