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 how funding allocations are developed and how to influence them
  • Know the rules about expenditure, including regulations and Acts governing the use of different types of funds
  • Prepare unit budgeting, including salary budget; for example: components of budget, classifications of staff, treatment of leave allocations
  • Prepare budget planning including the ability to provide cost- benefit analyses of various options, account for employee expenses, plan cash flow over time and focus on a realistic basis for planning
  • Understand budget development approaches; for example, zero-based or incremental, accounting for telephone/leasing costs
  • Prepare budget performance reporting
  • Understand internal controls and monthly reporting
  • Manage across several project budgets and identify from financial reports when allocated funds should be re-allocated.

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