Finance for Non-Finance Professionals

This interactive Finance for Non-Finance managers training course will comprise a range of learning activities, including tutor presentations, with question and answer opportunities, demonstration and practice of analytical techniques, group exercises and discussions, using case studies and current company and market information sources. Whilst the theoretical background to financial management will be explained and justified, the main emphasis will be on putting these into a real world context by providing a practical ‘toolkit’ of financial techniques.

Having completed this Finance for Non-Finance Professionals training course, you should be able to:

• Explain the nature and role of financial statements and their interpretation
• Use the language of accounting and finance to communicate effectively with financial professionals
• Review the financial performance and financial position of an organization using the appropriate financial ratios and break-even analysis techniques
• Use budgetary control to compare actual against planned performance and to identify corrective actions
• Evaluate investment projects using DCF and other appraisal methods

• Sales and marketing executives
• Supply-stream professionals
• Project professionals
• Internal auditors
• Any non-financial professionals who are required to read, interpret, and contribute to business financial reports
• Senior professionals of manufacturing, marketing, engineering
• Human resources professionals
• Legal professionals
• Executive professionals who are involved with development of long-term customers, suppliers, outsourcing partners, and other global strategic alliances
• Consultants who work with professionals and executives, to support improvements to operational and financial processes

Organisational Impact

The organisation will gain from sending employees to this training course:

• Greater awareness of the role of accounting and finance
• Ability to understand the structure of accounting systems, and financial reports
• Ability to make more effective and better informed contributions to financial discussions
• Ability to use tools and techniques for financial control and financial management
• Greater understanding of the key drivers which ensure sustainable growth and competitiveness
• Awareness of how business risks can be identified, analysed, and managed

Personal Impact

Participants will be able to further develop their personal management skills by being:

• More knowledgeable about accounting and finance systems, and the meaning of financial statements & reports
• Better informed financially, to enable improved executive decision-making
• Better able to contribute to financial discussion, and communicate in financial language
• Better able to contribute to the effective financial management of their organisation
• Able to evaluate alternative courses of action and identify the most effective choices with regard to the future improvement of their organisation
• Able to liaise more effectively with departments on financial matters