In today’s business world, understanding the language of finance is no longer solely the domain of finance professionals. The purpose of the “Finance for Non-Finance Managers” course, which is taught over the course of two days, is to provide participants with the knowledge and confidence they need to converse on business accounting and finance-related topics, regardless of how proficient they are with numbers.
Objectives of The Course
The first objective of the course is to familiarise participants with modern financial terminology. The course further demystifies financial statements through case studies and group discussions, fostering a clear understanding and confidence in generating and scrutinising financial data. With a strong focus on improving organisational performance, the course aims to develop participants’ awareness of cost and profit.
Participants in this program will gain an understanding of how to utilise financial information in order to cultivate and develop their respective business areas as a result of their participation. They will have an understanding of how they can add value to financial data that has been created or interpreted, as well as an understanding of the structure of various information sets and the relevance of those sets to their particular business area.
What’s The Cost and Who It’s For
The course is delivered virtually at a cost of £1,100 + VAT and in a face-to-face classroom setting for £1,300 + VAT.
Designed for leaders and senior managers who are not finance experts but need to comprehend how financial data is compiled and utilised in their organisation, this course enables participants to fulfil their roles more efficiently and effectively.
This course is ideal for those who want to communicate confidently about financial matters, challenge financial proposals, understand financial strategy, and analyse, interpret and evaluate key financial data.
About The Sessions
The programme comprises two sessions. The first session on Day One is centred on understanding financial statements and the sources of finance. Participants delve into financial position statements, income statements, balance sheets, assets, liabilities, and key accounting conventions. The session culminates in the analysis and interpretation of financial statements, including profitability, liquidity, and ratios.
Day Two focuses on budgeting, cash flow, and analysis. Key themes include investment appraisal, operating and capital budgeting techniques, product/service costing, break-even analysis, and an introduction to financial contribution.
In-House Training
To ensure that participants have the best possible educational experience, the In-House Training team can modify the curriculum so that it caters to the particular needs of your company.
Upon completion of the programme, participants will be capable of explaining organisational financial information, understanding performance indicators, utilising management accounting tools for strategic decisions, and reflecting critically on their usage of financial management information.
The participants will have the ability to book their accommodations through Booking.com once the course has been confirmed, resulting in a more streamlined educational experience.
Why In Professional Development
In Professional Development combines practical industry knowledge with scholarly expertise to create both online and in-person training programmes, tailored to meet the demands of professionals from various sectors. Our open courses encompass all dimensions of corporate training.
However, our distinguishing factor lies in our professional development courses specifically designed for business leaders, earning us consistent 5-star ratings. When you choose to learn with us, your educational journey is supported by endorsements from some of the country’s most esteemed accrediting institutions, such as the University of Chester and the University of East London.
Invest in your professional development today with this dynamic course and with the support of our professional training programmes, take your next step towards a thriving career. The “Finance for Non-Finance Managers” course is your gateway to demystifying finance and stepping up your managerial game.
For more information, visit
https://www.inpd.co.uk/course/resilient-leadership-course-level-7-award
https://www.inpd.co.uk/course/organisational-development-and-design-course
https://www.inpd.co.uk/course/finance-for-non-finance-managers
