Finance for non-finance managers

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  • April 28, 2017
    9:00 am - 5:00 pm

Programme Objectives

This programme has been designed to develop vital financial skills of non-financial managers.  It aims to transform financial and accounting concepts into decision-making tools which managers must apply every day. Participants work in teams on case-studies to gain experience in the fundamentals of finance presented during the programme.

Course Objectives/ Learning Outcomes

  • Integrate financial concepts and policies into the management decision making and budgeting process
  • Evaluate the financial viability of a business or projects thought the application of ratio analysis on the Profit and Loss Account and Balance Sheet
  • Employ cash flow management techniques.
  • Calculate the cost of business activities
  • Control business operations through effective budget management
  • Communicate effectively with financial executives and staff

 

Programme Content
  • Why finance matters
    • Demystifying financial jargon
    • The key building blocks of financial control
  • Interpreting the profit and loss account
    • Differentiating income, operating and capital expense items
    • Measuring profit and business success
    • Applying ratio analysis to evaluate performance
  • Analysing the balance sheet
    • Evaluating the worth of an established business
    • Distinguishing between fixed and current assets and liabilities
    • Depreciation
    • Linking the profit and loss account to the balance sheet
    • Shareholder equity

 

    • Applying ratio analysis to evaluate performance
  • Cash flow  management & credit control
  • Managing a profit or cost centre
  • Return on investment (ROI)
  • Budgeting
    • Types of budgets
    • Budget as a means of performance measurement
    • Managing your budget
  • Putting the learning in Context
    • Applying financial tools and concepts in the real world
    • Evaluating a company’s  performance
    • Recognising potential traps in creative accounting
    • Learning from recent examples
  • Personal action planning

 

To book your place, or for more information, contact maureen@dppskillnet.ie

Event Location

Venue:  

Address:
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