{"id":60,"date":"2010-07-29T06:20:21","date_gmt":"2010-07-29T06:20:21","guid":{"rendered":"https:\/\/financial-fluency.co.uk\/wordpress\/"},"modified":"2020-01-14T22:54:31","modified_gmt":"2020-01-14T22:54:31","slug":"finance-for-non-finance","status":"publish","type":"page","link":"https:\/\/www.financial-fluency.co.uk\/financial-training-courses\/financial-awareness\/finance-for-non-finance\/","title":{"rendered":"Financial Awareness for Non-Finance"},"content":{"rendered":"<h2>Finance for Non-Finance Courses in &#8216;Financial Fluency&#8217;<\/h2>\n<p>Our Finance for Non-Finance Courses in &#8216;Financial Fluency&#8217; (or Financial Awareness) are the perfect for non-finance professionals and managers.<\/p>\n<p>If you are looking for an introduction to finance &#038; accounting, general financial awareness or to enhance your existing financial understanding then we have the right course for you.<\/p>\n<h3>In-house courses in Financial Awareness<img src=\"https:\/\/www.financial-fluency.co.uk\/wp-content\/uploads\/2011\/09\/in-house-course.png\" alt=\"in-house CPD training course\" title=\"in-house-course\" width=\"150\" height=\"42\" class=\"alignright size-full wp-image-6084\" \/><\/h3>\n<p>We specialise in delivering tailored in-house financial awareness training courses.<\/p>\n<p>We deliver financial training courses to office juniors, trainees, managers, senior managers, directors and even chief executive. We can pitch our courses at the right level for you.<\/p>\n<p><a href =\"#enquiry\"><img src=\"https:\/\/financial-fluency.co.uk\/wp-content\/themes\/finance fluency\/images\/make-enquiry.jpg\" onmouseover=\"this.src='https:\/\/financial-fluency.co.uk\/wp-content\/themes\/finance fluency\/images\/make-enquiry-hover.jpg';\" onmouseout=\"this.src='https:\/\/financial-fluency.co.uk\/wp-content\/themes\/finance fluency\/images\/make-enquiry.jpg';\" \/><\/a><\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/9-71_EbQYzY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<h3>Our Financial Awareness Courses Include<\/h3>\n<p>Our <img loading=\"lazy\" class=\"alignright size-medium wp-image-194\" src=\"https:\/\/financial-fluency.co.uk\/wp-content\/uploads\/2010\/07\/financial_awareness_course_contents-300x269.jpg\" alt=\"Financial Awareness for Non-Finance Managers and Professionals\" width=\"200\" height=\"150\" \/>financial fluency courses dispel the myths of finance and are a great introduction into the financial accounting world.<\/p>\n<p>Our seven step path to financial awareness and understanding gives an illustration of the type of financial awareness training courses we deliver. We select the most relevant content and tailor it to your business.<br \/>\n&nbsp;<br \/>\n<strong>1. Understand the financial consequences of running a business<\/strong><br \/>\n<em>Business owners, managers and employees need to have a basic level of financial awareness to help their business succeed. <\/em><\/p>\n<p>\u2022\tDiscover where a business gets its money from<br \/>\n\u2022\tFind out what a business does with its money<br \/>\n\u2022\tAppreciate the need to record, analyse and summarise business transactions<br \/>\n\u2022\tFigure out what the finance department does<br \/>\n\u2022\tIdentify essential business financial systems<br \/>\n\u2022\tCheck financial controls are in place<br \/>\n\u2022\tKnow the difference between financial and management accounting<br \/>\n\u2022\tProduce quality management information<\/p>\n<p><strong>2. Get to grips with accounting fundamentals<\/strong><br \/>\n<em>It&#8217;s important to know basic financial terminology and concepts and to be familiar with the main financial statements produced by a business.<\/em><\/p>\n<p>\u2022\tMake sense of accounting jargon<br \/>\n\u2022\tDiscover why not to use \u2018cash accounting\u2019 and why timing is essential<br \/>\n\u2022\tWatch out for hidden accounting costs<br \/>\n\u2022\tThe basics of debits and credits<br \/>\n\u2022\tDiscover what all the accounting books are used for<br \/>\n\u2022\tUnderstand balance sheets<br \/>\n\u2022\tUnderstand profit and loss accounts<br \/>\n\u2022\tUnderstand cash flow statements<br \/>\n\u2022\tKnow who uses the financial statements and why<br \/>\n\u2022\tBe aware of accounting regulation and law<\/p>\n<p><strong>3. Know what makes a profit\t<\/strong><br \/>\n<em>Profit is the raison d&#8217;\u00eatre for most businesses. Knowing how to make and increase profit is one of the key ingredients for business success.<\/em><\/p>\n<p>\u2022\tKnow the importance of price and its relationship to volume &#038; revenue<br \/>\n\u2022\tRealise that not all costs are the same<br \/>\n\u2022\tUnderstand how gross margins work<br \/>\n\u2022\tAppreciate the difference between gross and net margins<br \/>\n\u2022\tWork out the breakeven point and margin of safety<br \/>\n\u2022\tBe aware of tax consequences<\/p>\n<p><strong>4. Manage the cash<\/strong><br \/>\n<em>\u201cProfit is sanity but cash is reality\u201d. Without cash a business cannot survive for long. Effective cash management will help a business to endure. <\/em><\/p>\n<p>\u2022\tUnderstand why cash is king<br \/>\n\u2022\tFind out where all the cash has gone<br \/>\n\u2022\tKnow how to generate cash from stock management<br \/>\n\u2022\tKnow how to generate cash from customers<br \/>\n\u2022\tKnow how to generate cash from suppliers<br \/>\n\u2022\tBe able to prepare and use a cash flow forecast <\/p>\n<p><strong>5. Prepare and use a financial budget as part of your planning\t<\/strong><br \/>\n<em>Many business\u2019s invest considerable time in budgeting but few do it successfully. Some simple and practical tips can improve the process.<\/em><\/p>\n<p>\u2022\tKnow the basics of budgeting<br \/>\n\u2022\tFind the principle budget factor<br \/>\n\u2022\tChose the best way to budget<br \/>\n\u2022\tUse forecasting techniques to form the budget<br \/>\n\u2022\tWatch out for issues when setting budgets<br \/>\n\u2022\tWatch out for issues when monitoring budgets<br \/>\n\u2022\tCalculate variances from budget<br \/>\n\u2022\tExplore alternatives to budgeting<\/p>\n<p><strong>6. Evaluate opportunities financially\t<\/strong><br \/>\n<em>Business\u2019s should use established techniques to help decide whether or not to commit time, resource and money on investment opportunities.<\/em><br \/>\n\u2022\tOnly consider the relevant costs for decision making<br \/>\n\u2022\tWork out if a business opportunity pays back<br \/>\n\u2022\tCalculate return on the investment<br \/>\n\u2022\tUnderstand the time value of money<br \/>\n\u2022\tUse established &#8216;Investment Appraisal&#8217; techniques<br \/>\n\u2022\tBuild a financially sound business plan<\/p>\n<p><strong>7. Measure the performance of the business <\/strong><br \/>\n<em>A successful businesses can be judged by the size of its market value. Its performance can be measured by using financial ratios.<\/em><br \/>\n\u2022\tUnderstand what constitutes success<br \/>\n\u2022\tAnalyse return on investment<br \/>\n\u2022\tAnalyse short term solvency<br \/>\n\u2022\tAnalyse gearing ratios<br \/>\n\u2022\tAnalyse measures investor ratios<br \/>\n\u2022\tBe aware of the drawbacks of performance measures<\/p>\n<h3>Financial Awareness Course Delivery<\/h3>\n<p><img class=\"alignleft size-full wp-image-186\"src=\"https:\/\/financial-fluency.co.uk\/wp-content\/uploads\/2010\/07\/financial_awareness_course.jpg\" alt=\"Financial Awareness Course Delivery\" width=\"200\" height=\"150\" \/><br \/>\n\u2022\tWe take an open friendly and enthusiastic approach to learning finance.<br \/>\n\u2022\tOur aim is to make finance interesting for you as people learn more effectively when they are enjoying themselves.<br \/>\n\u2022\tWe 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.<br \/>\n\u2022\tWe find that people only really learn when they test their understanding through practice.<br \/>\n\u2022\tWe encourage as many questions as possible and create an open atmosphere to personalise the experience.<br \/>\n\u2022\tWe want you to ask the questions about finance that you&#8217;ve always wanted to ask.<br \/>\n\u2022\tWe&#8217;re not constrained by the course outline and welcome all questions.<\/p>\n<p>We offer traditional training, facilitation, interactive simulations, coaching and online training.<\/p>\n<h3>Tailored Financial Awareness Courses<\/h3>\n<p>All our courses are tailored to meet our client&#8217;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.<\/p>\n<h3>In-house Financial Awareness Training<\/h3>\n<p><img loading=\"lazy\" class=\"alignleft size-full wp-image-198\" title=\"in-house_training_at_your_office\" src=\"https:\/\/financial-fluency.co.uk\/wp-content\/uploads\/2010\/07\/in-house_training_at_your_office.jpg\" alt=\"In-house Financial Awareness Training\" width=\"150\" height=\"120\" \/>Our training can be held within your office or an external venue of your choice. <\/p>\n<p>We can also secure venues on your behalf through our venue sourcing agency.<br \/>\n&nbsp;<br \/>\n&nbsp;<\/p>\n<p><a name=\"enquiry\"><\/a><\/p>\n<h2>Make Enquiry or Book Now<img src=\"https:\/\/www.financial-fluency.co.uk\/wp-content\/uploads\/2011\/09\/in-house-course.png\" alt=\"in-house CPD training course\" title=\"in-house-course\" width=\"150\" height=\"42\" class=\"alignright size-full wp-image-6084\" \/><\/h2>\n<div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f9053-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/wp-json\/wp\/v2\/pages\/60#wpcf7-f9053-o1\" method=\"post\" class=\"wpcf7-form init\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"9053\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.5.6.1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f9053-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/div>\n<p>Simply fill in the form below or <a href=\"https:\/\/financial-fluency.co.uk\/contact-us\/\">contact us<\/a>.<\/p>\n<p>Your Name (required)<br \/>\n    <span class=\"wpcf7-form-control-wrap your-name\"><input type=\"text\" name=\"your-name\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" \/><\/span> <\/p>\n<p>Your Email (required)<br \/>\n    <span class=\"wpcf7-form-control-wrap your-email\"><input type=\"email\" name=\"your-email\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" \/><\/span> <\/p>\n<p>Your Organisation<br \/>\n    <span class=\"wpcf7-form-control-wrap Contact-organisation\"><input type=\"text\" name=\"Contact-organisation\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" \/><\/span> <\/p>\n<p>Your Phone Number<br \/>\n    <span class=\"wpcf7-form-control-wrap Contact-phone-number\"><input type=\"text\" name=\"Contact-phone-number\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" \/><\/span> <\/p>\n<p>Your Message<br \/>\n    <span class=\"wpcf7-form-control-wrap your-message\"><textarea name=\"your-message\" cols=\"32\" rows=\"5\" class=\"wpcf7-form-control wpcf7-textarea\" aria-invalid=\"false\"><\/textarea><\/span> <\/p>\n<p><input type=\"submit\" value=\"Make In-house Booking Enquiry Now\" class=\"wpcf7-form-control has-spinner wpcf7-submit\" \/><\/p>\n<p><small>We value your privacy and have a strict anti-spam policy.<\/small><\/p>\n<p><big><strong>Individual Learners<\/strong><\/big><br \/>\nPlease note that this is an in-house course offered to organisations.<br \/>\nFor individual learners, we offer:<br \/>\n\u2022\ta selection of <a href=\"https:\/\/www.financial-fluency.co.uk\/financial-training-courses\/open-training-courses\/\">open \/ public courses<\/a><br \/>\n\u2022\ta range of over 150 <a href=\"https:\/\/www.financial-fluency.co.uk\/online-learning\/\">online courses<\/a><br \/>\n\u2022\ta range of <a href=\"https:\/\/www.financial-fluency.co.uk\/financial-fluency-publications\/\">finance and tax publications<\/a>.<\/p>\n<div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div><\/form><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Finance for Non-Finance Courses in &#8216;Financial Fluency&#8217; Our Finance for Non-Finance Courses in &#8216;Financial Fluency&#8217; (or Financial Awareness) are the perfect for non-finance professionals and managers. If you are looking for an introduction to finance &#038; accounting, general financial awareness or to enhance your existing financial understanding then we have the right course for you. [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"parent":6,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/60"}],"collection":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":34,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/60\/revisions"}],"predecessor-version":[{"id":17391,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/60\/revisions\/17391"}],"up":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/6"}],"wp:attachment":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/media?parent=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}