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Finance for Non-Financial Managers

-Created 28-08-2020
category

Accountancy / Finance

location Live, Online, and Fully Interactive via Zoom

Information
Course Title:   Finance for Non-Financial Managers
Course Category:   Accountancy / Finance
Duration:   2 mornings
Entry Requirements
None - in just a few hours we will help you to bring your skills up to date.
Course Content
Understanding financial statements – 1: Understanding the Profit and Loss Account and key terminology. Issues that arise in relation to recording income and expenditure.

Understanding financial statements – 2: Understanding the Balance Sheet and key terminology. Issues that arise in relation to recording income and expenditure.

Interpretation of financial statements: How to go about analysing financial reports. KPI’s and ratio analysis. The interaction between the profit and loss account and balance sheet.

Financial techniques used in business decision making: Investment appraisal techniques – long term decision making. Marginal costing techniques – short term decision making. Making the business case.

Budgeting and business planning: The purpose of budgeting and business planning. Budgetary control techniques. The importance of the cash flow forecast.

In preparation for the course, participants should consider if there are any recurring topics/issues they have with finance that they would like to have a better understanding of.
Description
In this fully interactive online course, the tutor takes you through the basics of reading and understanding key financial reports. You will be able to ask questions in real time, discuss your own business requirements, and interact with fellow students to get the most out of your time and the learning experience.

In order to make a real contribution to a business, managers need to have a solid understanding of finance. This doesn’t mean you have to be a financial whizz kid. The aim of the Finance for Non-Financial Managers course is to give managers from a non-financial background the opportunity to gain a better understanding of the basic principles of business finance and to become more confident in addressing matters of a financial nature.

The course is specially created to meet your own business requirements. Accounts and information sheets will be provided along with a contextual analysis of recent financial news and topical subjects.
Learning Outcomes
Key Outcomes

By the end of this two-morning course, participants will better understand:

The role of the Profit and Loss Account and Balance Sheet in financial reporting in organisations.
Commonly used financial terminology in business.
How to read financial statements and management reports.
The role of finance in planning and decision making
Time table
June 8th & 9th, 2021 - mornings, 9.30 - 12.30
Awarding Body
Awarding Body:   A certificate of attendance is available
Start Date
Start Date:   June 8th
Course provider information
Contact person:   Irish Times Training
Course Email:   courses@irishtimes.com
Contact:   (01)4727 101
Institute:   Irish Times Training
Location:   Live, Online, and Fully Interactive via Zoom

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