The Financial Development for Non-Financial Managers training course is most suited for managers and executives for whom finance is not a significant part of their responsibility, but who will benefit from understanding it in more depth. Facilitators will use presentations and group work to break down complex financial concepts and practices for ease of understanding.

Who Should Attend

Those for whom finance is not a significant part of their responsibility, but who will benefit from understanding it in more depth. They will be from all sectors, including private, public and not-for-profit including:

• Those who are new managers or managers wanting a refresher
• Operations managers who want to know more about cost management and projects
• Sales and marketing employees who want to understand financial statements
• Anyone who needs to understand key accounting concepts, and improve forecasting and cost management skills
• Managers who are about to be promoted to positions which require financial literacy

Learning Objectives

• Introduce fundamental bookkeeping and accounting concepts enabling them to manage the financial aspects of their role more effectively.
• Review the different approaches taken in the public and private sector
• Make sense of key financial statements and some key ratios
• Enable participants to manage financial aspects of projects more effectively
• Assist you to put together a budget which will enable you to justify an expected expenditure
• Enable you to measure budgetary performance
• Provide skills to enable you to conduct effective investment appraisals

Course Content

• Key Financial Concepts and Principles
• Reading Financial Statements, Public and Private Sector
• Management Accounting
• Managing the Finances and Costs of Projects
• Building an Effective Budget
• Investment Appraisal
• Essential Budgeting Processes
• Measuring Financial Performance