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Finance for Non Financial Managers

  • 15th July 2020 - 16th July 2020
    9:30 am - 5:00 pm

Course duration: 2 days

Additional notes for course: 15th & 16th July

Venue:  

Details Price Qty
Finance for Non Financial Managersshow details + €200.00 (EUR)  

Aims and objectives

Finance is the lifeblood of every business and this programme will provide the participants with the financial skills and understanding of accounting systems to help them effectively manage their business’ finances.

Who should attend

This programme is designed for managers with limited experience of Financial Management who need to understand:

  • Financial Statements and how to analyse financial performance
  • How financial objectives are set
  • How to develop and manage a budget
  • How to undertake investment appraisal

Course content

Understanding Financial and Management Accounts

  • Simplifying the profit and loss account.
  • Understanding profitability by department and company wide
  • Understanding the principles of finance
  • The role of finance in business

Interpretation of Financial Information

  • How to read and make sense of financial information
  • Analysing balance sheets
  • Using financial ratio analysis as a key management tool
  • Analytical Review of financial information
  • Evaluating the results

Budgeting and Costing System

  • Budgeting and financial planning explained
  • Preparation and management of key budgets
  • How to use the annual budget as a business plan, in assisting with both financial control and business growth.
  • Establishing costing systems to correctly record all job and profit
  • Extracting the relevant costs

Working Capital Management

  • Managing cash-flow
  • Why cash is king
  • How all decisions impact on cash-flow and profitability
  • How to manage inventory, debt collections, thus ensuring a positive cash flow and liquidity position

Finance and Strategy

  • Understanding the financial aspects of your business Process
  • Participant workbooks with underpinning knowledge and exercises
  • Workshop approach
  • Group discussion
  • Syndicate & individual exercises

Skills learned

On completion of this course Students will have learned financial skills and understanding of accounting systems.

Certification

There is no certification for this programme.

Corona Virus Update

Positive2Work Skillnet is fully supportive of the Government’s efforts to effectively address and limit the spread of COVID-19 and to safeguard the protection of public health and that of our stakeholders.

Positive2Work Skillnet management team are continuing to work and are available to discuss any queries that our businesses or trainees have regarding our scheduled training programmes and supports for businesses.

In support of this national effort, Positive2Work Skillnet has postponed its public training courses until 19th April 2020.

Positive2Work Skillnet will continue to take bookings for programmes commencing at a later date in 2020, and for our online programmes.

We are also available to discuss your queries about any other future programmes we offer to our members.

Our Network contact details are.
NAME: Mark Brennan
PHONE: 085 1745779
EMAIL: mark@p2w.ie

We would remind our stakeholders that the HSE website www.hse.ie is the authoritative source of information and advice on the situation regarding COVID-19 in Ireland.

We will keep this information updated in the coming weeks. Further information is also available on the Skillnet Ireland website at www.skillnetireland.ie