Managers in any non-financial function, who are responsible (currently or after promotion) for improving the financial performance of a business unit and/or are required to take financial issues into consideration when evaluating customers or suppliers, constructing budgets, setting prices, controlling costs or making capital investment proposals.

Learning Objectives:

At the end of this session, participants will be able to:

• Explain how finance impacts on their whole business;
• Read and interpret their statutory accounts that include balance sheets and profit and loss accounts;
• Use balance sheet information to make better business decisions;
• Compare the difference between profit and cash flow;
• Calculate management ratios to analyse and improve business performance;
• Produce financial reports that can make a real difference to the running of their profit centre;
• Make costing and pricing decisions;
• Improve credit control and working capital issues.

Course Outline

• Financial Management
• Understanding Balance Sheets
• Analyzing Profit And Loss Accounts
• Cash Flow Forecasts
• Improving Capital Projects Assessments
• Conventional Costing
• Pricing To Deliver Strategic And Tactical Objectives
• Making Better Financial Decisions
• Using Management Ratios To Improve Performance
• The Working Capital Cycle
• Personal Development Plan

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.