Two Day Finance for Non-Financial Managers Course (London, United Kingdom - April 6-7, 2020) - ResearchAndMarkets.com

The "Finance for Non-Financial Managers Course" training has been added to ResearchAndMarkets.com's offering.

Straightforward and no-nonsense, this course enables you to get straight to the heart of financials issues, demystifies financial information and gives you confidence and control when making financial decisions.

This two-day overview course has won praise for the straightforward way in which it untangles the web of mystery that surrounds financial and management accounting in the eyes of many non-financial managers. By so doing it enables them to understand and manage the impact of their decisions on business results, interact more productively with their finance-based colleagues and exert greater influence on decision making in their organisation.

Small classroom based type workshops with the option for 1-2-1 tuition at our Central London training centre.

Key Topics Covered:

Financial accounts

• Profit and loss accounts and how to understand them
• Reading an income and expenditure account and analysing the finance flows within your organisation
• Cash and accruals accounting showing how each is used
• Terminology associated with income and expenditure accounting
• Communicating effectively with finance professionals
• Analysing trends in financial flows and formulating appropriate questions
• Reading a balance sheet and analysing the financial position of the organisation
• How an asset register is used
• Analysing your accounts
• Constructing a cash flow statement from narrative information
• The different rules for charity accounting under the Charity SORP and the presentation of company and housing association accounts

Management accounts

• The budgeting process
• How budgeting relates to strategic objectives and good governance
• Constructing a budget
• Estimating costs and income accurately for budget purposes
• Using management accounts to understand the past and forecast the future
• Cost centres - understanding how they are used in your organisation
• Nominal, purchase and sales ledgers
• Using benchmarking in constructing a budget
• Distinguishing between fixed and variable costs
• Using the concepts of break-even pricing
• A template to forecast the effects of changing costs, sales volume and price
• Evaluating opportunity costs
• A year of free support

For more information about this training visit https://www.researchandmarkets.com/r/xogcoy

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