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BUSINESS FINANCE FOR NON-FINANCIAL
MANAGERS
Finance is the basis of a business, yet many managers
find the subject daunting. This, more often than not,
is due to a lack of understanding, complex jargon
and confidence problems. Many managers have an inability
to recognise the need for a financial strategy and
how this should affect their decision making.
This programme aims to demystify financial jargon
and enable you to develop an understanding of financial
topics and processes and how they impact upon your
team and business.
Managers wishing to gain a better understanding of
business finance and the financial implications of
their day-to-day business decisions.
Gain a better understanding of operational finance
Recognise the financial consequences of your business
decisions
Develop an appreciation of alternative courses of
action open to you in your daily function
Improve your communication with colleagues and financial
personnel
Increase your confidence to analyse, use, review and
present financial information
- To demystify the concepts and terminology of finance
- To highlight the role of finance in an organisation
- To equip you with the skills needed to analyse
and use financial tools and resources as an aid
to making better business decisions
- To demonstrate how to manage a budget or cost
centre
Reading and understanding accounts
Business terminology
Balance sheets
Understanding profit and loss
Understanding corporate funding
Management of working capital
Budget control
Cost control
Cash flow management
Capital equipment and depreciation
Pricing theory
Managing financial risk
Gearing and its importance
Derivatives
Currency management
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