This learning programme is designed to cover the basic concepts of personal and business finance for people who want either:-
- A systematic introduction to the subject or
- To refresh their knowledge.
The programme is based on practical exercises, which introduces, explains, demonstrates and applies the vital elements of financial management.
It differs from other courses because:-
- It uses a simple step by step approach and yet tackles complex subjects by building gradually on knowledge acquired during the programme.
- It offers practical learning exercises on paper which allow you to apply the concepts immediately.
In today's fast-moving, competitive business environment it is vital that people understand where profit comes from and how different decisions can influence profits and cash flow. All aspects of business, from pricing decision to production scheduling to the most complex process engineering, affect the three main financial statements of a business.
This learning programme will help you to read financial statements and understand how different choices affect your personal and company's financial performance, enabling you to make better decisions, which in turn will help you and your organization grow and prosper.
On completion of this programme, Finance for Non-Finance, learners will be familiar with the three main financial statements:
- The Balance Sheet
- The profit & Loss Statement.
- The Cash Flow Statement
The learners will understand the differences between the three statements, the links between them, how they show business performance, and their uses to you as an individual/ manager/ leader / entrepreneur.
The programme aims to give you an understanding of the basic principles of finance, which will serve as the essential base for developing you knowledge of many different areas including:
- Corporate Finance
- Profit Centre Management
- Cost Management
Duration: 2 days programme.
After completion of the three days programme, the learners will be encouraged to sign up for an ongoing coaching relationship with a coach in order to follow up, support and sustain their learning journey. This is optional to the learner.