In-house Financial Reporting for Non-finance Managers
This in-house financial training course is designed specifically for non-finance employees, managers and other professionals.
The true health of a company cannot be ascertained from its bottom line
The real story can be discovered within the detail of its financial statements and by ‘making the numbers talk’.
To the untrained eye – balance sheets, profit and loss accounts and cash flow statements can be confusing in their own right.
Understanding how these statements interact, how they reflect the underlying business and how they can be distorted to show different results is essential training for non-finance professionals.
Through a combination of practical exercises and engaging instruction, this half-day event will introduce you to the fundamental accounting concepts and terminology, which underpins financial reporting.
The course is interactive with opportunity for questions and discussion. The course takes a practical focus and uses lots of case studies and exercises to illustrate the concepts. It will help delegates to begin journey of understanding financial reporting in practice.
Financial Reporting for Non-finance Managers Course Outline
The following outline is appropriate for a two day course. As an in-house course this can easily be tailored to cover a shorter or longer period.
• Making sense of accounting jargon
• The problems of ‘cash accounting’ and why timing is essential in accounting
The Key Financial Statements
• Understanding balance sheets
• Understanding profit and loss accounts
• Understanding cash flow statements
Financial Reporting in Practice
• Who uses financial statements and why?
• An overview of accounting regulation and law, including auditing
• An introduction to financial reporting in practice
Measuring business performance
• An introduction to financial performance ratios
• How to read financial statements
• Understand what constitutes success
• The drawbacks of ratio analysis and other alternatives
Return on investment and performance drivers
• Return on equity and return on assets
• Profit margin and asset turnover
Corporate liquidity and financial strength
• The operating cash cycle
• Short term liquidity
• Financial strength and leverage
• Share values, earnings per share and price to earnings
• Dividends per share, dividend cover and the pay-out ratio
• Earnings and dividend yields
• Market to book ratio
Testing the integrity of financial statements
• Revenue recognition
• Recognising costs
• The impact of accounting policies
• Other accounting adjustments
• Financial leverage
• Internal versus required return
• The importance of ROE
• The corporate valuation model
Financial Reporting 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 Reporting for Non-finance 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 Reporting
for Non-finance 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.