Understanding finance is key to the success of every business.
Finance for Non-financial Managers is a one-day course for managers who want an understanding of basic accounting principles, and how to apply them. Relevant to public, private and not-for-profit sectors, the aim of this course is to promote planning and financial competencies in small and medium sized firms in order to improve prospects for long term success!
The aim of this practical course is to equip the non-finance manager with practical guidance, tools and techniques to use in their workplace. The objective is for delegates to develop new skills that will support their financial responsibilities and improve the financial performance within their team and ultimately, the wider business. Using case studies and participants’ own examples, they will learn about key financial documents such as Balance Sheets, Profit and Loss, Accounts and Budgets.
Who Should Attend?
This practical and interactive training course is designed for SME’s, small business owners or managers who have acquired responsibility for some of the financial tasks within their organisation, or more experienced managers who wish to refresh themselves of the basics. Whether you’re a new manager or an existing manager wanting a refresher this workshop will be useful.
Course Format and Duration
This one day workshop runs from 9.30am – 4.30pm and will use case studies, practical exercises, observation and feedback help you to understand the skills you need to practice to improve your sales.
The day focuses on key topics including:
Debits, credits and trial balance
What is a balance sheet
What is a profit and loss account
Fixed and variable pricing
Assets and liabilities (to include accruals and prepayments)