Finance for Non-Finance Managers

 

WORKSHOP

FINANCE FOR NON-FINANCE MANAGERS

OVERVIEW This intermediate level workshop builds on a basic understanding of finance and accounting enabling managers to meet their financial responsibilities more confidently. Participants will gain a thorough understanding of financial statements, budgeting and forecasting, and accounting principles, rules and compliance obligations.
WHO IS IT FOR? Non-financial practitioners seeking a better understanding of financial concepts, language and tools to assist in managing budgets successfully
DURATION 2 days
DELIVERY Face-to-face training workshop

Work-based activities, including presentations, group work and case studies

LEARNING OUTCOMES
  • Understand the key financial statements and how they interact with each other
  • Understand the fundamental financial principles and key financial terms
  • Be familiar with all of the elements of the budgeting process, how they interact and their purpose
  • Understand the necessity to make decisions and prioritise investments to meet your organisation’s objectives
  • Gain an appreciation of different cost and revenue types and how to use these effectively when managing your budget
  • Increase you forecasting skills by learning where to focus and understanding the dependencies of the forecasting process
  • Understand and apply breakeven analysis to model new business and new product development opportunities
  • Appreciate the importance of internal controls and your role in making them effective
  • Apply capital budgeting techniques to appraise investment opportunities
  • Prepare budget performance reporting
  • Understand internal controls and monthly reporting

Please contact us on 1300 950 251 for further information and booking enquiries.