Finance for Non Finance People
What you'll learn
- Understand the basics of Financial Statements and Accounts. Learn the difference between Profit & Loss Accounts, Balance Sheets & Cash Flow Statements
- Learn the language of Finance. Understand what your Finance team mean when they use words like 'accruals', 'variances', budgets and 'depreciation'
- For business managers and owners, understand what your Profit and Loss account or Management Accounts are telling you and engage effectively with Accountants
- For Accounting & Finance students, cut through the jargon and academic language and really understand the basic accounting ideas at simple level
Requirements
- We assume no pre existing knowledge on our course
Description
This course is for Non Finance People who need to be actively involved with financial information. It will help you understand the terminology and language of Finance and the importance of financial statements to improve your knowledge and decision making.
Our course will help you understand the language and terminology the accountants use such as Profit & Loss Accounts, Balance Sheets, Accruals and Working Capital.
If you are someone who wants to understand how a Profit & Loss Account works and what it is (and isn't) telling you then this course is for you. If people use jargon such as 'Management Accounts' or acronyms like 'EBITDA' and you really want to know what they are talking about then you will find the answers on this course.
We assume no prior knowledge and we start the course from the beginning. Our course will give you a great grounding that you can use as a springboard to enhance your knowledge and improve your career.
Our course is split into six short episodes. These are:
1. What a set of accounts tell us
2. Accruals; a simple example
3. The Balance Sheet: focusing on Fixed Assets, Intangibles, Depreciation & Amortisation
4. The Profit & Loss Account: including Gross Profit, Operating Profit & EBIT
5. The Cash Flow: including Working Capital & Liquidity
6. Other accounting stuff: Budgets, Working Capital & EBITDA
Who this course is for:
- Business Managers who have to deal with financial information
- Budget Holders who receive Management Accounts from the Finance Team to review
- Business Owners who want to understand what their Financial Statements mean
- Finance & Accounting students who want to have a clear and simple understanding of what Financial Statements are all about
- Anyone who is interested in understanding Profit & Loss Accounts, Balance Sheets and other accounting jargon
Instructor
- 4.3 Instructor Rating
- 13 Reviews
- 34 Students
- 2 Courses
I am a very experienced trainer in Finance, Financial Statements & Accounting. I have been presenting Finance Training courses for over 30 years and since 2005 I have specialised in helping Non Finance People understand the language and meaning of Accounts & Financial Statements.
I work across many different sectors presenting Finance for Non Finance People Courses, including commercial businesses, the UK NHS & other public sector organisations.
I think that the easiest way to open up the world of Finance for non accountants is to simplify everything and get rid of the jargon. My courses are simple to follow and start from the beginning.
Once you master the basic language and meaning of Financial Statements you can then move on to look at other areas such as Budgets, Management Accounts, Business Cases and so on.
I can open up all of these areas and give you a great understanding of what may have been a very mysterious area!