5-Day Course: Finance for Non-Financial Managers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 3, 2019--The “Finance for Non-Financial Managers” training has been added to ResearchAndMarkets.com’s offering.
Finance for Non-financial Managers training course is designed to provide non-financial managers with a greater understanding of the way finance affects their business performance.
This course will enable managers to become strategic thinker and planner and help them become a bigger players in corporate world.
By the end of the course, participants will be able to:Understand fundamental financial terminology and concepts Read and interpret financial statements Gauge the financial impact of operational decisions Understand the basis for evaluating investment decisions Integrate financial concepts and policies into the management decision and budgeting process Evaluate the meaning of income statements and balance sheets Employ cash flow analysis to assess business status Calculate the cost of business activities Control business operations through effective budget management Communicate effectively with financial executives and staff
Introduction to Financial StatementsImportance of financial measures Financial accounting and management accounting Participants’ needs and wants from the course Introduction of the basics of accountancy
The Balance SheetThe key components of the Balance Sheet About Fixed Assets Current Assets - what they are, and how to improve Current Liabilities - what they are The vital importance of Working Capital management About Gearing
The Income and Expenditure Account (or Profit and Loss Account)The key components of the P&L Account Why Profit is so important, and how it links to the Balance Sheet Understanding Ratios Managing the Gross Profit Margin How managers worsen, or improve, the Gross Profit Margin Different types of costs
Using Ratios to benchmark PerformanceWhat are the key ratios What do they mean Using these ratios to benchmark our performance
Return on Capital EmployedWhat is Return on Capital Employed? Elements of ROCE Comparison of ROCE Financial Analysis with ROCE
Moving from Analysis to ForecastingThe principles of Forecasting and Budgeting Revenue Budgets - what they are, how to use the 3 approaches to budgeting to motivate improved performance Capital Expenditure - understanding the time value of money Cost - Benefit Analyses - projects, new equipment, more staff, they all cost money How to do a Cost-Benefit Analysis Where budgeting can go wrong, and how to avoid the principal problems
For more information about this training visit https://www.researchandmarkets.com/research/dfk3wf/5day_course?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190103005547/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Research and Markets
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PUB: 01/03/2019 11:54 AM/DISC: 01/03/2019 11:54 AM