Finance for the Non Finance Manager

One of the basic requirements for setting up and running a successful business is money.  A business needs to be financed to provide the resources necessary to produce and market its products or services; management of the finance is something all employees can impact upon.

Who will benefit?

Employees who have responsibility for budgets and who may not have had formal finance training will benefit from the course. 

Objectives

The course has been designed to help participants:

·   Understand the importance of managing the cash flow

·   Read and interpret a balance sheet

·   Calculate and interpret the profit and loss account

·   Identify the different types of ways of calculating cost.

·   Read and interpret a financial statement

Content

·   Cash Flow

·   Balance Sheets

·   Profit & loss

·   Ration analysis

·   Fixed & Variable Costs

·   Activity based costing

·   Absorption costing

·   Marginal costing