Introduction to Finance for Non-Financial Managers Workshop

Who is this course for?

This course is suitable for managers and others in finance related roles:
• with some or no financial knowledge
• who need to understand the financial implications of every day decision making
• who need to increase profitability and performance of their business

You may also be interested in financial management for non finance managers course.

Benefits

At the end of this 2 day course delegates will have gained the skills necessary to be able to manage budgets more effectively, use and understand financial concepts, interpret financial results using ratios, and understand financial accounts and reports. Further explore and put into practice with workshops and case studies

Business Cycle

Understanding the cash flow in a business
Profit and loss balance sheet
Cash flow statement
Understanding the balance sheet

Business objectives

Using financial information to set targets 
Accountancy rules
How to stop abuses
Distinction between profit and cash flow
Key financial ratios

Management

Cost control
Managing cash flow
Working capital management
Improving financial performance
Break even analysis

Investment

Capital Investment techniques

Workshop Sessions

Retail sales case study
Sales compared to budget/target
Sales vs period, sales per sqft
Key product revenue/location
Overheads, staff costs etc
Supplier costs

KPI's

Sales per hour, average
Conversion rates
Wage to sales ratio

Workshop Sessions

Generic Banking case study
Retail banking model
Examples

Group exercise

- Each individual to share a finance related
challenge from their jobs.
- As a group nominate one as an example
- Each group example will be discussed and
one will be selected for a workshop session
- Each group will present their proposed
solutions to the real life challenge
- The trainer will review and discuss merits
of each solution

Face-to-face training

Training is held in our modern, comfortable, air-conditioned suites.

Lunch, breaks and timing

A hot lunch is provided at local restaurants near our venues:

• Bloomsbury
• Limehouse

Courses start at 9:30am.

Please aim to be with us for 9:15am.

Browse the sample menus and view joining information (how to get to our venues).

Refreshments

Available throughout the day:

• Hot beverages
• Clean, filtered water
• Biscuits

Online training

Regular breaks throughout the day.

Learning tools

In-course handbook

Contains unit objectives, exercises and space to write notes

24 months access to trainers

Your questions answered on our support forum.