`
BusinessEagles BusinessEagles.Com 032204949 info@businesseagles.com

common.cart_title

Strategic Training and Development Mastery

London, UK

20 - 28 Jun, 2023

£290

Strategic Training and Development Mastery

London, UK

20 - 28 Jun, 2023

£290

Mastering Search Engine Marketing

London, UK

20 - 28 Jun, 2023

£280

Strategic Training and Development Mastery

London, UK

20 - 28 Jun, 2023

£290

common.total_sum

$1150

Finance for Non-Financial Managers

common.choose_course

The Finance for Non-Financial Managers Course is designed to provide essential financial knowledge and skills to professionals from non-financial backgrounds. The course aims to empower participants with the necessary tools to make informed financial decisions and contribute effectively to their organization's financial success.

Who Should Attend:
This course is ideal for professionals from various industries and departments who do not have a strong financial background but are involved in decision-making processes that impact their organisation's financial performance. It is suitable for:

  • Managers and executives from non-finance departments
  • Project managers and team leaders
  • Marketing and sales professionals
  • Human resources personnel
  • IT and technical specialists
  • Entrepreneurs and small business owners
  • Any professional seeking to enhance their financial acumen

Learning Outcome

Upon completion of the course, participants will be able to:

  • Understand and interpret financial statements and key financial ratios.
  • Analyze financial data to make informed business decisions.
  • Utilize budgeting and financial planning techniques to set realistic goals.
  • Evaluate investment opportunities and assess their potential returns.
  • Apply financial performance evaluation tools to monitor business progress.
  • Optimize working capital and manage cash flow effectively.
  • Make financially sound decisions aligned with overall business strategy.
  • Communicate financial information clearly and confidently to stakeholders.
  • Navigate financial risks and adopt ethical practices in financial management.

Upon completing the Finance for Non-Financial Managers Course, participants will possess a solid foundation in finance, enabling them to contribute more effectively to their organizations' financial success and overall growth.

Day 1: Introduction to Financial Concepts and Financial Statements

  • Importance of financial measures in decision-making
  • Differentiating financial accounting and management accounting
  • Understanding participants' specific needs and expectations from the course
  • Introduction to the basics of accountancy and financial terminology
  • The Balance Sheet and its key components
  • Understanding Fixed Assets and their management
  • Current Assets: Definition and strategies to improve efficiency
  • Current Liabilities and their impact on Working Capital management
  • Gearing and its significance in financial leverage

Day 2: The Income and Expenditure Account (Profit and Loss Account) and Ratios

  • Key components of the P&L Account and their relevance
  • Link between Profit and Loss Account and the Balance Sheet
  • Introduction to financial ratios and their interpretation
  • Managing the Gross Profit Margin and its implications
  • How managers can influence the Gross Profit Margin
  • Different types of costs and their allocation in financial statements
  • Using Ratios for performance benchmarking

Day 3: Return on Capital Employed (ROCE) and Financial Analysis

  • Understanding Return on Capital Employed (ROCE) and its importance
  • Elements comprising ROCE and how it reflects financial performance
  • Comparing ROCE to assess organizational performance
  • Conducting financial analysis using ROCE as a key metric
  • Interpreting financial data to make informed decisions

Day 4: Moving from Analysis to Forecasting and Budgeting

  • Principles of Forecasting and Budgeting for effective planning
  • Revenue Budgets: Utilizing various approaches to motivate improved performance
  • Capital Expenditure: Appreciating the time value of money in investment decisions
  • Cost-Benefit Analysis: Evaluating projects, new equipment, and resource allocation
  • Hands-on practice on conducting a Cost-Benefit Analysis
  • Identifying common budgeting pitfalls and strategies to avoid them

Day 5: Financial Decision-Making and Course Conclusion

  • Integrating financial analysis into decision-making processes
  • Aligning financial goals with overall business strategy
  • Ethical considerations in financial management and reporting
  • Effective financial communication to stakeholders
  • Course conclusion, Q&A session, and participant feedback

 

CPD Accredited service.

We are CPD accredited service. We are CPD accredited service. We are CPD accredited service. We are CPD accredited service. 

common.why

common.choose_us

Exceptional Quality

We are dedicated to providing exceptional service, maintaining the utmost standards of quality, professionalism, and excellence to guarantee an outstanding experience for our multinational clients spanning across the globe.

Experienced Trainers

Experience Matters: Our team of highly skilled trainers brings years of industry expertise, delivering tailored and impactful learning experiences that drive your professional development to new heights.

Kindle for Delegate

In our effort to support a paperless environment, we provide Kindle Fire devices to our delegates, replacing traditional course binders. All training materials will be conveniently accessible on the Kindle platform.

Luxury Course Venue

Indulge in the ultimate training experience at our luxurious 4-5 Star hotel venues situated in the heart of London. Immerse yourself in a captivating environment that enhances learning and offers comfort and sophistication.

Practical & Real-World Focus:

Our courses bridge theoretical knowledge and practical application. Emphasising hands-on training, case studies, and simulations for success in today's business landscape.

Updated Curriculum

The business world is constantly evolving, and our training programs are continuously updated to reflect the latest trends and best practices. You'll always be equipped with cutting-edge knowledge and skills.

Networking Opportunities

As a part of the Business Eagles community, you'll have access to a vast network of alumni, industry professionals, and guest speakers. Networking is a crucial aspect of personal and professional growth,.

Continuous Support and Alumni Benefits

Your journey with us doesn't end after completing training. As an alumnus, you'll have access to ongoing support, workshops, and exclusive events, fostering a lifelong learning experience.

common.faq_title_1

common.faq_title_2

Attending the training course equips you with essential skills, up-to-date knowledge, and strategies that directly impact your performance, enabling you to contribute more effectively to your organisation's success. It enhances you

Our training program is carefully designed to align with current industry trends and best practices. By incorporating the latest research and insights, we ensure that the content and methodologies are relevant and applicable to your company's speci

We provide comprehensive post-training resources and support to ensure effective implementation of the learned skills within your company. These include access to online materials and expert guidance to assist you in successfully applying the training

Yes, we offer on-site training services for organisations that prefer to host the training at their premises.

common.partners_title_2