Course details

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
Updated on 23 March, 2023

About Acudemy Training

About us
Acudemy Limited was founded in 2013, Acudemy provides bespoke training within our specialised fields of Finance and Management. Our offering has been specifically designed to help individuals achieve their educational and career goals. We currently offer classroom based learning which serves the London area with a central London training centre.

Our Work
Acudemy's team consist of a wealth of experience within the Finance and Management industries, this has enabled us to pass on and provide individuals with a unique combination of benefits.

Testimonials

"Just wanted to say thank you again for the Payroll Theory course"
"I genuinely, thoroughly, enjoyed the training session and learnt a lot. The session was very well organised and the content was exactly what I was looking for."
Humayra, HR Advisor UK - July 2018

"On overall great course for myself and my colleagues"
"The course content was very resourceful and every content was detailed. There was a lot to digest but with the practicals the Combined Sage Payroll course is worth the tome and money invested."
Peter, Finance team member - April 2018

"A lot of opportunities to discuss" 
“Trainer did not keep the course to a too formal tone. We were asked to prepare questions beforehand, in this way creating extra interaction between the group and the trainer. I would suggest to have an extra day with more practical exercises but enjoyed every bit.”
Alice, Environment Researcher - January 2018

“The staff at Acudemy was really friendly and helpful, and the software-based element were straightforward and easy to follow. Thanks to Acudemy I am now taking the next step in my career goals!”
Jen Accounts Administrator - Mar 2016

“Great Course”
“Acudemy centre being so centrally located made it convenient and ideal for the evening classes after work. Enjoyed the practical exercises and participating in the discussion forums. You can see how other candidates are tackling the questions and compare this to your own approach.”
Charlotte Marketing/Finance Handler - Apr 2016

“Help me run my day to day books”
“I enrolled in the Acudemy Course so I could understand how to run my business on a day to day basis, this has become more valuable in running my business so I can provide a better service to my clients. Definitely recommend other business owners.”
Simon Business Owner - May 2016

Why choose us
- Flexible Training Schedules and Convenient Central London Location

- Participants can complete courses in sections by pre-booking mini-sessions with expert instructors at the times that suit them best, such as evenings and weekends. This enables delegates to learn at their own pace and on their own time. Additionally, Acudemy Training is conveniently located in central London for easy access.

Company On-Site 
At Acudemy we are finding more and more companies looking for onsite training. This is something we offer Nationwide/Worldwide and to help you make a decision, here are the main Advantages of having our Onsite Trainer for you or your employer to consider: 

  • More Control and Focus on your objectives
  • Decreased down time 
  • Empower your staff
  • Cost effective


Courses with Acudemy include:

  • Accountancy & Bookkeeping
  • Sage Accounting Software 
  • Payroll 
  • Sage Payroll Software
  • Finance 
  • Lean Six Sigma (From Yellow Belt to Black Belt)
  • Lean Manufacturing
  • Supply Chain Management 
  • Logistics
  • Business Management
  • Soft Skills
See all Acudemy Training courses
Courses you can instantly connect with... Do an online course on Finance for Non Finance Managers starting now. See all courses

Is this the right course for you?

Rate this page

Didn't find what you were looking for ?

or