Finance for Non-Finance Managers

Course Info

Date: Dec-04-2023

Length: 1 Week

City: London

Fees: 4,260

Type: In Classroom

Available Dates

  • Dec-04-2023

    London

  • Jan-15-2024

    London

  • Feb-19-2024

    London

  • Mar-18-2024

    London

  • Apr-15-2024

    London

  • May-20-2024

    London

  • June-17-2024

    London

  • July-15-2024

    London

  • Aug-19-2024

    London

  • Sep-16-2024

    London

  • Oct-21-2024

    London

  • Nov-18-2024

    London

  • Dec-16-2024

    London

Dates in Other Venues

  • Dec-04-2023

    Barcelona

  • Dec-04-2023

    Kuala Lumpur

  • Dec-11-2023

    Dubai

  • Dec-18-2023

    Istanbul

  • Dec-25-2023

    Istanbul

  • Jan-01-2024

    Paris

  • Jan-01-2024

    Dubai

  • Jan-01-2024

    Barcelona

  • Jan-01-2024

    Kuala Lumpur

  • Jan-01-2024

    Istanbul

  • Jan-01-2024

    Singapore

  • Jan-15-2024

    Amsterdam

  • Feb-05-2024

    Paris

  • Feb-05-2024

    Singapore

  • Feb-05-2024

    Dubai

  • Feb-05-2024

    Barcelona

  • Feb-05-2024

    Istanbul

  • Feb-05-2024

    Kuala Lumpur

  • Feb-19-2024

    Amsterdam

  • Mar-04-2024

    Istanbul

  • Mar-04-2024

    Kuala Lumpur

  • Mar-04-2024

    Dubai

  • Mar-04-2024

    Paris

  • Mar-04-2024

    Singapore

  • Mar-04-2024

    Barcelona

  • Mar-18-2024

    Amsterdam

  • Apr-01-2024

    Dubai

  • Apr-01-2024

    Istanbul

  • Apr-01-2024

    Kuala Lumpur

  • Apr-01-2024

    Barcelona

  • Apr-01-2024

    Paris

  • Apr-01-2024

    Singapore

  • Apr-15-2024

    Amsterdam

  • May-06-2024

    Singapore

  • May-06-2024

    Barcelona

  • May-06-2024

    Kuala Lumpur

  • May-06-2024

    Istanbul

  • May-06-2024

    Dubai

  • May-06-2024

    Paris

  • May-20-2024

    Amsterdam

  • June-03-2024

    Kuala Lumpur

  • June-03-2024

    Singapore

  • June-03-2024

    Barcelona

  • June-03-2024

    Dubai

  • June-03-2024

    Paris

  • June-03-2024

    Istanbul

  • June-17-2024

    Amsterdam

  • July-01-2024

    Barcelona

  • July-01-2024

    Dubai

  • July-01-2024

    Kuala Lumpur

  • July-01-2024

    Istanbul

  • July-01-2024

    Singapore

  • July-01-2024

    Paris

  • July-15-2024

    Amsterdam

  • Aug-05-2024

    Dubai

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Istanbul

  • Aug-05-2024

    Kuala Lumpur

  • Aug-05-2024

    Paris

  • Aug-05-2024

    Singapore

  • Aug-19-2024

    Amsterdam

  • Sep-02-2024

    Istanbul

  • Sep-02-2024

    Singapore

  • Sep-02-2024

    Kuala Lumpur

  • Sep-02-2024

    Paris

  • Sep-02-2024

    Barcelona

  • Sep-02-2024

    Dubai

  • Sep-16-2024

    Amsterdam

  • Oct-07-2024

    Paris

  • Oct-07-2024

    Singapore

  • Oct-07-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-07-2024

    Istanbul

  • Oct-07-2024

    Kuala Lumpur

  • Oct-21-2024

    Amsterdam

  • Nov-04-2024

    Dubai

  • Nov-04-2024

    Barcelona

  • Nov-04-2024

    Kuala Lumpur

  • Nov-04-2024

    Paris

  • Nov-04-2024

    Singapore

  • Nov-04-2024

    Istanbul

  • Nov-18-2024

    Amsterdam

  • Dec-02-2024

    Paris

  • Dec-02-2024

    Kuala Lumpur

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Singapore

  • Dec-02-2024

    Istanbul

  • Dec-02-2024

    Dubai

  • Dec-16-2024

    Amsterdam

Course Details

Course Outline

5 days course

 

The Nature and Purpose of Finance and Accounting

 

  • A simple model of an organisation’s accounting framework
  • Understanding the accounting cycle
  • The five main accounts in financial statements
  • Income statement: a tool for performance measurement
  • Accrual basis versus cash basis
  • Balance sheet: a tool for financial position
  • The balanced status
  • Statement of owners’ equity
  • Statement of cash flows: cash is king
  • Wrapping-up: the cycle of financial statements
  • External and internal auditors’ responsibilities

 

Analysis of Financial Statements

 

  • Why are ratios useful
  • Horizontal and trend analysis
  • Vertical analysis: common size statements 
  • Building blocks analysis and reading through the numbers:
  • Liquidity ratios: ability to settle short-term dues
  • Solvency ratios: ability to settle long-term dues
  • Activity ratios: the ability to manage assets efficiently
  • Profitability ratios
  • Limitations of financial ratio analysis

 

Working Capital Management

 

  • Definition of working capital and working capital management
  • Working capital management strategies for current assets
  • Balancing profitability and liquidity
  • Working capital management strategies for current liabilities
  • Trade-off between profitability and certainty

 

The Concept of Financial Management

 

  • Accounting versus finance: rules and responsibilities
  • Three pillars of finance:
    • Financing decisions
    • Investing decisions
    • Operating decisions

 

Breakeven Analysis and Decision Making

 

  • Defining fixed costs
  • Defining variable costs
  • Contribution margin formula
  • Computing breakeven point
  • Sensitivity analysis: changing assumptions

 

Operating Budget Process and Techniques

 

  • What is an operating budget
  • Steps to budget development
  • Master budget components
  • Sales forecasting
  • Approaches to budgeting
  • Incremental budgeting
  • Zero-based budgeting
  • Budgetary control and correction

 

Capital Budgeting: The Investing Decisions

 

  • Examples of exercises involving capital budgeting exercise
  • Time value of money: a prerequisite for investing decisions
  • Required rate of return for investments
  • Examples of cash outflows for capital projects
  • Examples of cash inflows for projects
  • Net present value calculation
  • Internal rate of return

Course Video