Finance for Non Financial Managers

Finance for Non Financial Managers

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This course is designed to explore the world of finance for middle to senior managers, working in non-financial areas within different sectors of an organisation. Non-financial managers are often valued for their technical or operational excellence, but many who don’t hail from a financial background often face obstacles in their typical career progression. Attending this course is ideal for managers to enhance their financial knowledge and skills to allow them greater opportunities to thrive in the current business market.

Objectives

  • Assess and understand financial statements
  • Comprehend with fluency finance terminology
  • Develop a clear idea of analysis techniques and financial terms
  • Identify the linkage between financial objectives and organizational strategy
  • Understand profit making by using numbers when decision-making
  • Create an Action Plan based on the finances of a business and potential profits

Day 1: Fundamentals of Finance and Financial Accounting

  • Overview of finance and its importance in business management
  • Definition and purpose of financial statements
  • Understanding financial accounting and its objectives
  • Key principles of financial accounting
  • Distinguishing between financial accounting and financial management
  • Introduction to accounts and the accounting cycle
  • How Financial decisions impact organizational Strategy and success

Day 2: Understanding and Interpreting the Balance Sheet

  • Definition and overview of the balance sheet
  • Structure and components of a balance sheet
  • Sources and uses of financial figures within the balance sheet
  • Analysing the format and layout of balance sheets
  • Identifying assets, liabilities, and equity
  • Using software tools to create and interpret balance sheets
  • Recognizing examples of well-prepared and poorly-prepared balance sheets

Day 3: Principles and Processes of Financial Analysis

  • Introduction to financial analysis and its role in decision-making
  • Key benefits and applications of financial analysis in business
  • Steps for conducting a practical financial analysis
  • Studying reliable data sources for financial evaluation
  • Frameworks and models commonly used in financial analysis
  • Understanding financial ratios and their different categories
  • Introduction to profitability ratios and their significance
  • Applying ratio formulas for analysis and evaluation

Day 4: Profit Margins and Performance Evaluation

  • Defining profit margin and its role in evaluating business performance
  • Calculating profit margin ratios and understanding the formulas
  • Evaluating net profit margins and comparing them to industry standards
  • Visualizing profit margin trends and development through software tools

Day 5: Strategic Financial Decision-Making

  • Linking financial data to strategic objectives and organizational goals
  • Making informed decisions based on financial insights and analysis
  • Developing action plans for financial improvement and profit growth
  • Enhancing communication of financial findings to non-financial stakeholders
Finance for Non Financial Managers

Date: 15/12/2025 - 19/12/2025

Duration: 5 Days

Venue: London

Price:

£4,187.04

Offer Expires:

Reliability

We will never cancel a confirmed booking

Support

We offer around the clock support

Tailored

We customise our courses to suit your personal learning needs

Quality

Our courses are delivered by highly experienced industry experts

Recognition

All our courses are accredited by the CPD Standards Agency

Frequently asked questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!
How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.
Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.
Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.