Finance for non-finance managers - essentials

Price for Online Live: £415 + VAT

Price for London: £615 + VAT

Timing: 9.30am-4.30pm

Overview

In all businesses, finance matters. As a manager, or simply an employee, it is so helpful to understand why it matters and what are the financial implications of your actions. How are they reflected in the business’ accounts and why?

This one-day course will give you an introduction to finance, in order to help you contribute to your business’ financial success. It provides an explanation of the language of finance, of the terms displayed in the financial statements, the processes that help populate the financial statements and why we do what we do.

Delegates may also benefit from attending Finance for non-finance managers - advanced

Who should attend

This one day course will benefit non-finance professionals at all levels who need to develop an understanding of how business transactions impact the financial performance of an organisation and where they appear in the accounts. Staff within any organisation should have an understanding of finance in order to contribute to their organisation’s success and ensure there is no risk to financial control.

What you will learn

Through an engaging interactive exercise, you will learn how to read and understand financial statements – the profit and loss account (income statement), balance sheet (statement of financial position) and cashflow statement. Learning will be supported by considering topical case studies where applicable.

You will also learn about basic accounting principles such as accruals, recognising capital expenditure, depreciation, amortisation, accounting for inventory, dealing with bad debt and consider the purchase to pay process. We will also look at the accounting rules that requires us to do what we do when preparing accounts. This course therefore covers:

• Basic financial terminology and key accounting concepts
• The flow of money in a business and how it is accounted for
• The key financial statements (profit and loss account, balance sheet and cashflow)
• The composition and contents of a set of financial statements (using real life examples)

Questions?

BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com