Short Courses--Finance for the Non-Financial Manager

OBJECTIVES Such is the depth of specialisation today that general managers and even specialists from other areas are wary of asking questions out of fear of either not understanding the answer or even worse of making a fool of themselves. Yet they know that in fields such as information technology and finance, they have to have sufficient understanding in order to be able to take properly considered decisions. At Board level their responsibility would be at a strategic level. Elsewhere the responsibility would be at an operational level. It is possible to drive a car with only a rudimentary knowledge of how the engine works. There is no need to be a technician or even an engineer. In the same way the non-financial executive can “drive” the accounts and accounting information without having the detailed knowledge of a bookkeeper or even an accountant. This programme aims to develop that sufficient understanding as well as the confidence needed to be able to take decisions requiring financial and accounting input. PROGRAMME *Business transactions and how to account for them. *Balance Sheet and Profit & Loss Account. *The legal framework - what is required. *How to analyse and interpret accounts. *Marginal costing. *Cash flow forecasting. *Budgeting. BENEFITS OF ATTENDING At the end of the course participants will be able to: *Understand how accounts are built up. *Use accounts for strategic and operational purposes, enough to be able to take decisions affecting their work area. *Take full responsibility for the financial aspects of their own area of work. *Ask pertinent questions, without embarrassment, until they are satisfied that they know enough to do their own work. TIMETABLE 9.00 am to 5.00 pm