Finance For Non-Financial Managers

Finance For Non-Financial Managers

1 Day

This course is designed for busy managers and those professionals who are responsible for financial matters without necessarily having a job title or qualifications to match and suits managers who need to know more about finance to improve their planning, costing and budgeting skills.


The aim of this one day course is to provide managers with an explanation of the financial reports and tools commonly used in business. Delegates will gain awareness and a basic understanding of the way finance affects their business objectives.

You will need to bring a calculator with you on the day.

What will I learn?
Understand Financial Statements
  • - Identify the main financial statements used to report on financial conditions.
The Balance Sheet
  • - What is being shown and at what point in time?
  • - Identify the different types of assets and liabilities that appear on a balance sheet.
  • - Recognise the value of understanding a balance sheet.
The Profit and Loss Account
  • - Match income earned and appropriate expenditure for a specific period of time.
  • - Accruals and Prepayments.
Income and Cash Flow Statements
  • - Recognise the difference between Income, Expenditure and Cash Flow.
  • - Identify non cash elements of expenditure.
  • - Understand the mechanics of V.A.T. accounting.
  • - Different V.A.T. accounting methods.
  • - Flat scale charges for small businesses.
Budget preparation
  • - Establish objectives; internal or external.
  • - Ownership of finished budget.
The Budgeting Process
  • - Zero based or Inflation adjusted; Probability of achieving targets
Monitor Adherence to Budgets
  • - Effective variance reporting.
  • - Recognise the benefits of using ratio analysis.
  • - Understand the meaning of liquidity ratios.
The purpose of Financial Management Systems
  • - Recognise the benefits of financial management systems in supporting organisational success.
  • - Identify financial statements used to report financial condition in annual reports.
  • - Understanding the difference between Management accounts and statutory accounts.
  • - Introduction to some of the legal requirements for Statutory accounts.
Risk and Return
  • - Recognise the importance of risk and return decisions to the financial health of the organisation.
  • - Identify the major sources of financial risk.
The Time Value of Money
  • - Recognise the importance of time-value-of-money concepts in financial management.
  • - Identify the key information needed to calculate the future value of an investment.
  • - Understand the present value formula.
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i-Cornerstones Learning and Performance Model

Our approach is to provide the skills and knowledge to increase productivity and achieve attitudinal and behavioural change, leading to long-term improved performance, increased employee engagement and retention.

Our i-Cornerstones Learning & Performance Model is a dynamic, flexible framework that outlines the TrainingU philosophy and key stage processes we work through to ensure we deliver the exact learning programme for your needs and within your budget.



How we deliver learning
Your Offices (in-house)
Your Offices

If you have a number of people in your organisation with the same training need, in-house training programmes are an ideal, collaborative learning solution.

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Virtual Learning

Enabling staff to join live classroom training via web conferences. Ideal for organisations with multiple offices or where staff are geographically spread.

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Sprint Learning

High impact 90-minute training sessions delivered either face-to-face or virtually in targeted subjects, to boost performance whilst reducing your staff time out of the business.

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Managed Learning Services
Learning Services

As an extension to your in-house L&D team, we will look after all the planning and organisation of your staff training needs, from assessment of needs through to delivery and evaluation.

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We are an accredited training provider with the Learning and Performance Institute which gives you the assurance that we conform to a professional Code of Practice.

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