Finance for Non Finance Managers Online Course

Description

***Beyond the Numbers: Building Financial Intelligence for Non-Finance Managers***

Did you know a recent study by the Chartered Management Institute (CMI) revealed that 72% of managers outside of finance felt they lacked confidence in understanding financial statements? This can hinder effective decision-making across the organization.

Finance for Non-Finance Managers is a comprehensive online course designed to bridge this knowledge gap. This course equips you with the financial acumen needed to thrive in today's business environment.

Learning Outcomes:

By the end of this comprehensive "Finance for Non-Finance Managers" course, you will be able to:

Key Highlights of the Finance for Non Finance Managers course:

This Finance for Non-Finance Managers course is divided into ten easy-to-understand modules, each focusing on a crucial aspect of financial literacy.

Module 1: Importance of Good Financial Information This module establishes the foundation, highlighting the importance of accurate and timely financial information for effective decision-making in any organization.

Module 2: Financial Information Every Organisation Needs We'll delve into the essential financial information that every organization needs to track and understand, equipping you to identify the data most relevant to your role.

Module 3: The Balance Sheet: Basic Summary of Value and Ownership Master the core elements of the balance sheet, gaining insights into an organization's assets, liabilities, and net worth.

Module 4: Profit and Loss Accounts Learn to interpret the profit and loss account, a key indicator of an organization's financial performance over a specific period.

Module 5: Cash Flow Statement We'll explore the cash flow statement, understanding how an organization generates and uses cash, crucial for maintaining financial stability.

Module 6: Understanding Budget This module equips you with the skills to develop and manage budgets, ensuring efficient allocation of resources and achieving financial goals.

Module 7: Pricing and Financing Gain insights into pricing strategies and how they impact profitability. We'll also explore different financing options available to organizations.

Module 8: Cost Management Learn effective cost management techniques to optimize resource utilization and improve profitability.

Module 9: Methods for Measuring Your Organisation's Financial Performance Discover key financial ratios and metrics used to assess an organization's financial health, performance, and solvency.

Module 10: Risk and Risk Management We'll explore various financial risks faced by organizations and strategies to mitigate them, ensuring long-term sustainability.

Curriculum Breakdown of the Finance for Non Finance Managers Course

10 CPD hours / points Accredited by CPD Quality Standards

This Finance for Non-Finance Managers course is ideal for:

To enrol in this Finance for Non-Finance Managers course, all you need is a basic understanding of the English Language and an internet connection.

Finance for Non-Finance Managers can unlock exciting career possibilities, including:

CPD Accredited PDF Certificate

Digital certificate - Included

CPD Accredited PDF Certificate

CPD Accredited Hard Copy Certificate

Hard copy certificate - £10.79

CPD Accredited Hard Copy Certificate

Delivery Charge: