Reduce Business Costs & Improve Cashflow
This Course will provide a practical introduction to the fundamentals of financial management for non-finance professionals. The tutor will guide participants through key financial terminology, the purpose and structure of financial statements and how to read and interpret company accounts.
Participants will also explore budgeting, cashflow management, and the financial considerations behind business planning and investment decisions. At the end of the course, attendees will have a stronger understanding of core finance principles and greater confidence in using financial information to support effective business decision-making
Course Content
- Accounting Principles & Financial Reporting
- Key terminology and concepts
- Understanding the Key Financial Statements
- Understanding Management Accounts – What information leadership teams use internally
- Cash Flow & Working Capital Management
- The difference between profit and cash
- Budgeting, Forecasting & Financial Planning
- Why organisations use budgets and financial forecasts
- Preparing and managing departmental budgets
- Preparing a Business Plan
- Building a Business Case & Securing Investment
Who Should Attend
- Managers holding non-finance roles in the organisation, but whose job description requires budgetary management and delivery of KPI’s
- Those who want to gain a greater insight into how the accounting results are compiled but who do not need detailed training in finance.
- Manager/Executives with a reporting remit to the Board
- Other staff whose activities directly impact the revenue generation or cost incurrence of the organisation and who therefore need to understand ramifications of their actions.
- Anyone looking for a better insight into Financial and Management Accounts
Certification
On completion of this one-day training course, you will receive your Professional Certificate. Please note certificates are issued at the close of the training course to participants on completion of the course.
This course may qualify for CPD points. Please check directly with your association or awarding body to see how many points they will award.
Contact bookings@cmgtraining.com or call us on 01-2933650 to enquire about this course for your team.