Business Accounting & Finance for Non-Specialist Managers
3.9 (19 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
4,777 students enrolled

Business Accounting & Finance for Non-Specialist Managers

Understand business finance and the effect it has on business operations
3.9 (19 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
4,777 students enrolled
Created by Anthony Dixon
Last updated 2/2020
English [Auto]
Current price: $13.99 Original price: $19.99 Discount: 30% off
5 hours left at this price!
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This course includes
  • 2.5 hours on-demand video
  • 3 articles
  • 5 downloadable resources
  • 1 Practice Test
  • Full lifetime access
  • Access on mobile and TV
  • Assignments
  • Certificate of Completion
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What you'll learn
  • A foundation in financial aspects of a business
  • Understand financial statements
  • Analyse the financial performance of a business
  • Make decisions based on financial information
  • How to control money in the business
  • Basic mathematics of adding, subtracting, multiplication and division
  • Understanding of business organisation and structure

This course will provide you with a firm foundation in business finance matters for the non-specialist manager or student. The course will cover three key areas - finance, financial accounting, and management accounting. The course will not cover in-depth bookkeeping and the double-entry accounting system, other than an explanation of how the system works. Students and managers taking this course will learn how to understand financial statements produced for internal and external managerial purposes. The course will teach the effect of money on business operations, managing finance, and the decision-making process.

The course has been designed to enable the student to work at their own pace and independently. There is also the benefit of practical experience through assignments and examples. Each topic is presented at a suitable level for those that are approaching business accounting and finance for the first time. The course ends with a practice test to recap on the topics covered. This course is ideal for managers running a business or department and students at undergraduate or diploma level. The term non-specialist means a career in different business areas like business management, retail, hospitality, marketing, HR, sales, engineering and so forth. But all managers, whatever department they are running, require a good understanding of business finance that they will have at least some responsibility for.

Who this course is for:
  • Business students
  • Finance managers
  • Business owners
  • Department managers
Course content
Expand all 30 lectures 02:37:39
+ Financial Information
11 lectures 49:38
Corporate reporting and annual accounts
Management accounting
Accounting principles
The major accounting statements
The profit and loss statement
The balance sheet
Calculating depreciation on fixed assets
Accounts treatment of stock and debtors
Using ratios to interpret financial information
You are going to calculate several ratios to analyse profitability, solvency and capital balance from the 2018 accounting statements. You will compare your results with the ratios for the 2017 accounting statements.
Interpret XYZ Wholesale Ltd 2018 end of year accounts
1 question
Measuring the performance of divisions
+ Working Capital
5 lectures 41:52
Working capital
Cash: The oil that keeps the machine running
Drafting a cash budget
You are going to draw up a cash budget for a small business start-up from trading information for 6 months
Draft a cash budget for a small business start-up
2 questions
Structuring capital
Financing a business
+ Costs
3 lectures 21:48
Cost analysis
Full absorption costing method for XYZ Wholesale Ltd
You are going to use the full absorption costing method for a furniture manufacturing company.
Assignment 3
4 questions
Marginal costing and break-even analysis
+ Budget Control
4 lectures 30:12
Management budgets
Calculate a materials purchases budget and a labour budget for a manufacturing business.
Assignment 4
3 questions
Capital expenditure
Capital rationing and auditing
+ Conclusion
2 lectures 01:46

A test of what you have learnt with multiple choice questions.

Test your knowledge
10 questions
Use what you have learnt
Business Coaching