Finance for Non-Financial Managers

Interpret and understand finance

They say it's a numbers game and you can't manage what you can't measure. And that certainly applies to finance. Key to the successful management of any organisation is the ability to make the most effective business decisions by being able to interpret financial information correctly. What that requires is an inherent understanding of what financial reports are saying, both above and below the line. 

Who is the programme for?

If as a manager, you need to get more out of financial reports, this highly interactive and practical Finance for Non-Financial Managers programme will help de-mystify the subject and give you a passion for finance. 

Programme content

The programme will discuss financial performance and why profit and cash are not the same thing. It will also cover the following areas:

• practical application of accounting policies on asset valuations and their impact on profit and cash
• analysis of comparative business performance using appropriate ratios and other key performance indicators
• understanding the financial pages of newspapers and how the City works
• forecasting turnover, controlling costs and turning profits into cash flow
• budgeting - identifying profit and cost drivers
• frameworks for long-term investment decisions: discounted cash flow techniques
• company valuation methods
• opportunity for detailed, one-on-one and small group working with the programme director to focus on issues of practical concern to you.

Benefits to the individual

• An improved understanding of the language of finance and of financial reports.
• Appreciating the need for effective financial planning and control in a business.
• Gaining total confidence in dealing with financial decisions and with finance specialists.

Benefits to the organisation

• Improved business decision-making.
• Greater awareness of the implications of developments in financial reporting.

* Note: Prices include all residential costs, but exclude VAT.