Finance for Non-Financial Managers
Programme Aim
To have participants understand the importance of good financial
management and practices for business
Programme Overview
- The importance of good financial management
- Financial statements, profit & loss accounts, and the business balance sheet
- Interpretation and analysis of financial information
- Identification of key performance indicators
- Development of effective Management Information Systems
Programme Outline
- Understanding the financial management cycle
- Basic accounting concepts and statements – (profit & loss accounts, balance
sheet )
- Managing cash flow - projections, budgeting and controls
- Working Capital management – (stock, debtors, creditors)
- Costing, pricing and break even analysis
- Sources of finance and funding
- Key financial indicators - target setting, ratio analysis
- Setting finance and business goals and monitoring performance
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