Financial Decision Making for Non-Finance
In-house Financial Decision Making for
Non-Finance Managers Training Course
This in-house financial training course is designed specifically for
non-finance employees, managers and other professionals.
This course will provide a practical awareness of how finance works in
an organisation.
Whereas many financial awareness courses focus on financial statements, this course takes an alternative approach. We focus on the techniques which are actually used to make financial decisions within an organisation.
Financial decision making tools should not be kept within the finance department as they are relevant to all departments within an organisation.
Successful businesses know the importance of financial awareness. They ensure that their employees use these techniques across the whole organisation to make financially based decisions
Financial Decision Making for Non-Finance Managers Course Outline
The following outline is appropriate for a one or two day course.
As an in-house course this can easily be tailored to cover a shorter or longer period.
How finance works in an organisation
• What the finance department does
• Key financial systems and controls
• The value of management accounting
Understanding business finance
• Sources of business finance
• Uses of business finance
Financial planning and decision making
• Pricing strategy
• Understanding costs and their behaviour
• The importance of ‘contribution’
• Profit and output planning around the breakeven point
Budgeting for success
• Budgeting basics
• Budgeting and forecasting techniques
• Cash flow forecasting
• Monitoring budgets and managing variances
• Alternatives to budgeting
Capital projects and investment appraisal
• Relevant costs for decision making
• Understand the time value of money
• Established ‘Investment Appraisal’ techniques
• Financially sound business plans
Financial Decision Making for Non-Finance Managers Course Delivery
We take an open friendly and enthusiastic approach to learning finance. We believe that people learn more effectively when they are enjoying themselves.
We make finance interesting for you.We love questions and welcome as many as possible. We encourage an open atmosphere which in our experience accelerates the learning process.
We always use lots of exercises, case studies and real life examples in our training as we believe this really helps our clients to understand concepts. We find that people only really learn when they test their understanding through practice.
We offer traditional training, facilitation, interactive simulations, coaching and online training.
Financial Decision Making Tailored Courses
All our courses are tailored to meet our client’s specific needs. We like to spend time getting to know our clients as we strongly believe that training is most effective and valuable when tailored and focused.
We take an open friendly and enthusiastic approach to learning finance. We believe that people learn more effectively when they are enjoying themselves. We make finance interesting for you.
In-house Financial Decision Making
for Non-financial Managers Training
Our training can be held within your office or an external venue of your choice.
We can also secure venues on your behalf through our venue sourcing agency.