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5-Day Course: Finance for Non-Financial Managers - ResearchAndMarkets.com

January 3, 2019

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

Course Content

Introduction to Financial Statements

Importance of financial measures Financial accounting and management accounting Participants’ needs and wants from the course Introduction of the basics of accountancy

The Balance Sheet

The 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 Performance

What are the key ratios What do they mean Using these ratios to benchmark our performance

Return on Capital Employed

What is Return on Capital Employed? Elements of ROCE Comparison of ROCE Financial Analysis with ROCE

Moving from Analysis to Forecasting

The 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/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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Related Topics:Management

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/03/2019 11:54 AM/DISC: 01/03/2019 11:54 AM

http://www.businesswire.com/news/home/20190103005547/en

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