Course details
Managers and line supervisors who receive management reports but are from a non-financial background. Accounts staff who prepare inputs to management information systems.
Accounting is sometimes described as the language of business. To be effective, managers need to be financially literate. They need not be experts, but need to be able to interpret figures and understand what lies behind them. The fundamentals of finance can readily be grasped in three days, by which time… + Read More
Course details
Managers and line supervisors who receive management reports but are from a non-financial background. Accounts staff who prepare inputs to management information systems.
Accounting is sometimes described as the language of business. To be effective, managers need to be financially literate. They need not be experts, but need to be able to interpret figures and understand what lies behind them. The fundamentals of finance can readily be grasped in three days, by which time managers will be equipped to perform their own jobs better, communicate better with their accountants and contribute better to the management team.
- Accounting principles and financial objectives
- Understanding annual and management accounts
- Interpreting the balance sheet
- Simplifying the operating statement
- Using ratios
- Evaluating companies’ performance
- Managing cash-flow
- Appraising capital investment
- Recovering overheads
- Planning through break-even analysis
- Costing for decision making
- Budgeting for the future
Learning Outcomes
After completing this course you will be able to:
- Appreciate the role and limitations of finance
- Analyse your companyÂ’s performance
- Control your department more effectively
- Enhance your decision making
- Spot and manage financial risks
- Communicate more effectively with your finance department
Updated on 08 November, 2015 - Read Less