An Introduction to Finance for the Non-financial Manager

Description

As a manager understanding the business finances is key to the success of your business.

Finance for non-financial manager is a one-day course that is designed to help you have a better understanding of basic accounting principles, and how to apply them in your business.

Aimed at the small and medium sized businesses, we will highlight the benefits to you and your business of better forecasting, planning and overall awareness of business performance.

Using real life examples and your own experiences participants will learn about key financial documents such as Balance Sheets, Profit and Loss accounts, Cash Flows and Budgets. As well as gaining knowledge around VAT, Online accounting software and business margins.

Course Overview
The aim of this practical and participative course is to equip the non-finance manager with practical knowledge, tools, and techniques to use in their workplace. Throughout the course we will have practical examples as well as time for Q&A and discussion around specific issues that have arisen.

By the end of the course you should be more confident with understanding the day to day finances and running of your business and be able to take a more active part in the key financial decisions that will drive your business onwards and upwards.

Course Content
This highly interactive course will cover the following key topics:

• Understanding the financial responsibilities and consequences of running a business
• Introduction to accounting and financial analysis – covering day to day accounting techniques and transactions.
• Overview of company financial statements – Including balance sheets, profit and loss accounts and trial balances.
• Cash Flow management
• VAT transactions and accounting
• Budgets and forecasting
• Use of accounting software
• Measuring the performance of a business – Ratio analysis