Finance for Non Financial Managers هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

Straightforward and no-nonsense, this course enables you to get straight to the heart of financials issues, demystifies financial information and gives you confidence and control when making financial decisions.

This two-day overview course has won praise for the straightforward way in which it untangles the web of mystery that surrounds financial and management accounting in the eyes of many non-financial managers. By so doing it enables them to understand and manage the impact of their decisions on business results, interact more productively with their finance-based colleagues and exert greater influence on decision making in their organisation.

Financial accounts

• profit and loss accounts and how to understand them
• reading an income and expenditure account and analysing the finance flows within your organisation
• cash and accruals accounting showing how each is used
• terminology associated with income and expenditure accounting
• communicating effectively with finance professionals
• analysing trends in financial flows and formulating appropriate questions
• reading a balance sheet and analysing the financial position of the organisation
• how an asset register is used
• analysing your accounts
• constructing a cash flow statement from narrative information
• the different rules for charity accounting under the Charity SORP and the presentation of company and housing association accounts

Management accounts

• the budgeting process
• how budgeting relates to strategic objectives and good governance
• constructing a budget
• estimating costs and income accurately for budget purposes
• using management accounts to understand the past and forecast the future
• cost centres - understanding how they are used in your organisation
• nominal, purchase and sales ledgers
• using benchmarking in constructing a budget
• distinguishing between fixed and variable costs
• using the concepts of break-even pricing
• a template to forecast the effects of changing costs, sales volume and price
• evaluating opportunity costs