Finance for Non-Financial Managers

Description

Days: 2

CPD Points: 2

Learning Outcomes:

• Analyze the basic elements of an income and expenditure statement
• Analyze the basic elements to a balance sheet
• Compile a personal assets and liabilities statement
• Use the evidence in financial statements to make a financial decision
• Explain the concept of budgeting in a business unit
• Analyze the budget needs of a business unit
• Present and justify a proposed budget for a business unit
• Monitor and control actual expenses and revenue against the projected expenses and revenue,
• Identify own/a role and the risk associated with performance at work
• Demonstrate knowledge and understanding of work procedures in the workplace and the risk of non-compliance
• Suggest ways to manage risk in own work position
• Describe the behaviours and attitudes that constitute positive and negative risk in the workplace

Target Audience:

Line managers in non-financial areas. Senior staff members in key positions (e.g. Client Account Manager).