Finance for Non-Financial Managers

Explore This Course

Course Overview

This finance for managers course is designed to provide you with a broad understanding of the vocabulary, principles and application of accounting and financial techniques used to measure company financial performance.

On the course, you will explore the issues of planning and budgeting and will practice with tools and indicators commonly used by businesses.

The course will also examine the increasing importance of management information in any organisation, what it might contain and how it is used.

Who is this Course For?

This financial awareness course is for Team Leaders, Supervisors, Managers and Directors. It is perfect for any person who needs to understand the importance of finance to businesses health and survival.

It caters to individuals with any level of responsibility for financial matters within an organisation and will serve to improve commercial awareness and acumen.

What Does This Course Cover?

Topics covered in this course include:

  • An introduction to corporate finance
  • The financial reporting system
  • Financial objectives and business performance
  • The balance sheet
  • The importance of cashflow
  • Accounting principles used for reporting
  • The measurement of profit and the distinction with cash
  • The profit and loss account
  • Analysing financial performance and responsibilities
  • Key financial roles
  • Responsibility accounting and cost centres
  • Using financial ratios and key performance indicators
  • Management accounting and information
  • The role of a budget holder
  • Product costing and budgeting
  • The purpose of budgets
  • Budget construction and co-ordination
  • Preparing a budget
  • Monitoring actual costs

Learning Outcomes

By the end of this course delegates will be able to:

  • Understand the terminology and the principles used in financial reporting
  • Interpret financial statements as indicators of financial performance
  • Apply these principles in a non-financial environment
  • Learn some useful techniques such as key performance indicators used by businesses
  • Understand the principles of planning and budgeting as the basis of management control
  • Become familiar with the importance of management accounting and understand monthly reporting to managers

How is this Course Assessed?

No pre-course preparation needed and there is no end of course assessment.

How long is the course?

This course serves up all the finance for non finance managers training you need in just two days 

Why Choose TSW Training for your Courses?

TSW Training is a leading Health and Safety, Environmental, Leadership and Management training provider working with PLCs and SME clients across the UK.

Rated 4.8/5 in 1,179 reviews by learners on independent training course evaluator, Coursecheck, TSW Training has been a trusted and established training provider of choice for 56 years.

Work with TSW Training and you have access to our closely curated team of quality-assured experts, consultants, and trainers.

In-House Delivery Exclusively For Your Ogranisation

This course can be delivered exclusively for your organisation, in any location or virtually through Microsoft Teams or Zoom. Read more on our in-house training services.

Virtual Classroom
Price On Enquiry
Classroom
Price On Enquiry

Frequently Asked Questions

At TSW we can deliver business skills training in a range of formats, they include:

  • Virtual online training, via Microsoft Teams, in-house or on our open programme of courses 
  • Classroom-based in-house training, run exclusively for an organisation
  • Classroom-based open programme training courses available on our public course calendar

See Our Finance for Non-Financial Managers Events

We run this course on demand at a time and place to suit you and your team.
Please contact us to chat about this course and your training needs

Enquire About This Course

At TSW we are passionate about helping people and organisations meet their full potential.

Make an enquiry and one of our dedicated Learning Advisors will contact you to listen to your needs and help you find the right solutions.

Your Learning Advisor will support you by:

  • Listening to you carefully, to understand your needs and any problems you are trying to solve
  • Asking you questions to help us determine the right solution for you
  • Providing advice, information, and pricing according to your requirements
  • Identifying when one of our in-house experts needs to speak with you, to provide more specialist advice

Rest assured that you will not be contacted by a pushy salesperson.

We are here to provide you with tailored information and direct you to the best solution, even if that is not with TSW!