Description
Managers today need to understand Finance. This involves moving beyond budgeting, and acquiring an understanding of the key concepts involved in the organization’s financial decision making. Designed for managers in non-financial roles, this course will equip you with the knowledge to interpret financial statements easily, and to participate with confidence in management meetings and dialogue on the financial planning and performance of the organization.
In this course you will learn the fundamentals of financial and management accounting, including financial statements, profit and loss accounts, and balance sheets. Cash flow, profit margins and asset turnover will all be covered, and you will also learn about investment appraisal, financial analysis and the use of key financial performance ratios.
COURSE DETAILS
- Suitable For: Middle Managers
- Course Duration: 20 Hours
- Access Duration: 90 days
- Certification: Download your Certificate on completion
- Additional Resources: Download Learners manual, additional articles and worksheets
COURSE CONTENTS
This course comprises the following lessons:
Lesson 1 – Getting Started
SECTION 1: THE CONTEXT FOR FINANCIAL MANAGEMENT
Lesson 2 – Whose Job is it Anyway
Video – The Role of the Finance Department
Lesson 3 – The Manager’s Role
Video – What managers need to know about finance
Lesson 4 – Sources of Finance
Foundations in Financial Management – Quiz 1
SECTION 2: THE FINANCIAL STATEMENTS
Lesson 5 – The Balance Sheet
Video – Understanding the Balance Sheet
Lesson 6 – The Income Statement
Video – The Income Statement
Lesson 7 – The Cash Flow Statement
Video – The Cash-flow statement
Foundations in Financial Management – Quiz 2
SECTION 3: BUDGET MANAGEMENT
Lesson 8 – Budgeting
Lesson 9 – Managing the Budget
Video – Variance Analysis
Lesson 10 – Wrapping-up
Foundations in Financial Management – Quiz 3
Foundations in Financial Management – Course Evaluation
CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION
