Finance For The Non Financial Manager, Thales Training Consultancy

FINANCE FOR THE NON FINANCIAL MANAGER

Duration:

2 days

Price:

£720.00

Locations Available:

Basingstoke

Crawley
10-11 Jul 08
03-04 Nov 08

Suitable For:

This course is designed for managers and professional staff who use management and other financial reports in their work, but who have not had any formal training in accounting concepts. The course is designed to assist with the understanding and application of financial concepts to improve their own, their department’s and their organisation’s performance.

The course relies on practical examples and provides a relaxed environment in which to learn.

Related courses in our range include:

Excel Module 2 - Gathering & Presenting Data
Excel - Formulas and Functions
Excel - Pivot Table Expert

Benefits of Attending:

By the end of the course participants will be able to:

Read and interpret financial information
Effectively use and interpret basic financial tools
Use the information acquired to improve the individual’s and their organisation’s performance
Develop an overview of business finance

Course Outline:

Basic Accounting Principles and the Terminology of the Financial World

The four basic accounting principles
Accountants’ jargon and what it means

Business Capital and the Working Capital Cycle

How business is financed
What is Working Capital and how it is used by a business

Capital Versus Revenue Expenditure

Accounting for and depreciating fixed assets
Valuing and accounting for stocks and work in progress
Using working capital for the businesses best advantage

Budgetary Planning and Control

How to set a budget
Using a budget to control a business

Cashflow

The difference between cash and profits
Preparing a cashflow statement

Presenting Financial Information

The balance sheet and the profit and loss account

Interpreting the Annual Accounts of a Business

Window dressing and creative accountancy
Using ratios and budgets to understand the business

Directors’ Earnings and Responsibilities

Types of directors and how they are paid