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Finance for Non-finance Managers

Finance for Non-Finance Managers

 

  • Understand the significance of finance to the an organisation

  • Understand what is meant by finance in the context of a business environment

  • Identify the main users of financial information

  • Identify the key differences between financial and management accounting

  • Be able to identify the key financial statements

  • Understanding the Profit & Loss Statement

Course content

• Identify the main components of the profit & loss statement

• Understand the difference between gross profit & net profit

• Identify the difference between the trading account & the profit & loss account

• Understand the difference between cash and accruals accounting

• Be able to draw up a profit and loss statement and a trading and profit and loss account from a list of balances.

• Understand the main purposes of the balance sheet

• Identify the main components of the balance sheet

• Identify working capital and how to calculate it

• Be able to correctly classify balances under the correct headings of fixed assets, current assets, liabilities and capital

 and  the difference between fixed and current assets

 

• Understand the accounting equation

• To be able to prepare a cash flow statement

• Understand the fundamental differences between the profit & loss and cash flow statements

• Understand the difference between profit & cash

• Identify the main uses of the cash flow statement

Finance for Non-finance Managers2

£199

+ VAT

Booking Form Online Enquiry

Duration: 1 day course

Venues: At your own offices or our luxury training venues in Cardiff, Newport (Nr Celtic Manor), Bristol or Swindon (Please state your choice of venue when booking)

ONSITE TRAINING

FROM

£650 + VAT