Finance for non-Financial Managers
This is a sample outline. For a full outline contact us, we will take a brief from you and produce a more detailed, tailored outline.
Aims
This workshop helps you understand the practical and strategic implications of financial decisions. By the end of the workshop you will be able to read (and understand) an organisation's financial statements and make judgements about its performance. We explore the sources of capital and key techniques to assess an investment proposal.
Who Should Attend?
This course is aimed at those who wish to understand the factors that influence financial decisions.
Duration
One or two days
The business background.
What factors affect business performance?
Corporate objectives.
The effect of strategy and objectives on financial decisions.
Funding the company.
Understanding the financial picture.
The annual accounts: the profit and loss (or income and expenditure) account and the balance sheet.
Calculating depreciation and its impact on profit.
The importance of cash flow to business survival.
Fixed and variable costs in decision-making.
Key ratios to understand the business.
Capital investment appraisal.
4 methods of appraising an investment decision.
