Booking options
Price on Enquiry
Price on Enquiry
Delivered Online
Two days
All levels
Duration
2 Days
12 CPD hours
This course is intended for
Those who need to understand the financial implications of their day-to-day decisions to increase the profitability and performance of their business. This course is suitable for managers with little or no financial knowledge.
Overview
Understanding of financial accounts and reports
The ability to use and understanding of financial concepts
Analytical skills to interpret financial results using ratios
Ability to manage budgets more effectively
This course shows how to interpret key financial statements highlighting the questions and areas that matter. It identifies warning signals that managers need to be aware of and shows how to understand key performance indicators to drive profitability. The course will also cover the essentials of budgeting and forecasting as well as addressing key financial terms such as goodwill and accruals & prepayments. Delegates will learn how to appraise capital projects with confidence, allowing them to make the best decisions for their business.
Course Outline
The basics of finance:
How companies are financially structured
Accrual v cash accounting
The Business Cycle: understand how money flows in a business
How businesses are financed: debt and equity
Business objectives: using financial data to achieve business targets
Key Financial Statements:
Income Statement
Balance Sheet
Cash Flow Statement
Key Financial Analysis Ratios
Profitability: profit margins, EBIT & EBITDA, operational gearing
Return on Investment: ROCE, ROA
Leverage: financial gearing & interest cover
Liquidity: current & quick ratios
Cash Flow: working capital requirement
Working capital management
Cash flow management
Key financial terms ? goodwill, accruals & prepayments, depreciation and amortization
Cost analysis, control and reduction
Capex v Opex
Effective Budgeting and Forecasting to control the business
Management Accounts and undertaking variance analysis
Improving margins and sales in your business
Break even analysis
Capital Investment techniques ? NPV, IRR and discounted cash flows
Asset Valuation
Additional course details:
Nexus Humans Finance for Non-Finance Managers (2 Day) training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.
This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.
Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.
While we feel this is the best course for the Finance for Non-Finance Managers (2 Day) course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.
Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.
Nexus Human, established over 20 years ago, stands as a pillar of excellence in the realm of IT and Business Skills Training and education in Ireland and the UK....