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Finance for Non Financial Managers (Bristol)

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Description and objective: Successful Managers can be even more effective if they understand the financial side of the business. This course is designed to remove the mystery that often shrouds financial planning.

Using a workshop-style, the programme helps delegates to understand the methods used in the Finance Department. By exploring various financial documents as well as the terminology, we break down the process to a fundamental level to improve understanding.

The overall philosophy of the programme is that the Line Departments account for most of the Company expenditure and are therefore responsible, not the Finance Department. The programme is designed to be the catalyst to Full Line/Finance Partnership.

CONTENTS
• What accounting terms mean
• Interpreting financial information
• Improving cash flow
• Calculating and using financial ratios confidently
• The importance of working capital
• Using marginal cost analysis
• Understand and evaluate budgeting techniques
• How to spend money more effectively

OUTCOMES

- To establish the connection between Finance and Line Departments
- Be confident in calculating financial ratios
- Understand the terminology of Finance
- Use finance tools to evaluate their performance
- Be better able to communicate financial data
- Understand where the Finance Department can advise Line Departments

Contact EEF Western

Phone	0117 9064819 When calling be sure to mention Training Pages
Fax	0117 9744288

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Categories

•	Personal Development > Mathematical Skills
•	Business and Management > Business Management Development > General Management