Finance for Non-Finance Managers
What you'll learn
- Learn and interpret commonly used financial jargon and understand its relevance and application
- Understand the 3 primary financial statements (P&L, Balance Sheet, Cash Flow Statement) - their composition and inter-relationships
- Evaluate financial performance using commonly quoted metrics and ratios
- Appreciate the difference between management accounts and financial accounts - what, why, when and how?
- Understand how to classify costs, ready for budgeting and forecasting in a simple Excel model
- Evaluate investment projects and capital allocation, as well as how to turn these core techniques into valuing an entire business
Requirements
- This program is aimed a people working with financial data from time to time, or learning the ropes, so no prior knowledge is required.
Description
Cut the jargon, get some sense on the finances, make informed decisions.
The three phrases above summarise the key learning outcomes of this self-paced e-learning course. Firstly, it aims to make sense of financial jargon, picking out key terms – and then, of course, showing you the application and relevance in an applied context. It also aims to link financial performance to business operations and make sense of how numbers are presented in Income statements, other “P&L” summaries, cash flow statements and balance sheets. The key learning outcome is understanding the relationship between them and what really matters when it comes to performance analysis and decision making.
We also explore how and why management accounts as well as financial accounts are prepared, and how you can make informed, value-added financial decisions that speak the language of the finance-people and business leaders. Have you ever wondered how businesses are valued? Understand that, and you will see why financial information presents the clues and information that matter to shareholders and directors. Key topics
1. The primary financial statements – their composition and inter-relationship
2. Cash vs profit – the categories of cash and what it means. Why cash flow is not profit
3. Commonly used terminology and its context / application
4. Evaluating financial performance from financial statements
5. The need for management accounts
6. Cost classification and budgeting
7. Relevant cash flows and key project appraisal techniques
8. How are businesses valued?
9. A balanced scorecard for evaluation projects and the business - the linking of financial performance measures to operational initiatives and performance measures to drive shareholder value.
Who this course is for:
- You are probably someone working in a corporate environment - a general manager, non-finance director or manager, an IT manager, Project manager, a new hire in finance, someone responsible for your team budgets. There's no-one area that would not benefit from knowing this core financial knowledge.
- There is no need to have prior knowledge, but you have an ambition or need to know more to help boost your understanding and even direct your career path.
Instructor
- 4.4 Instructor Rating
- 62 Reviews
- 1,209 Students
- 8 Courses
Capital City Training is a full-service technical training company focused on the banking, wealth management and broader financial services and accounting industries.
We provide engaging, challenging, high quality training across the spectrum of hard technical skills needed in banking, investment banking, fund management and wealth management, as well as coaching and management development. Capital City also provides eLearning and distance learning packages for core skills such as accounting and analysis, financial maths, modelling and valuation.
Our e-learning programs are designed to recreate the classroom experience as closely as possible - with expert tutors explaining concepts clearly, illustrating with examples and then providing delegates with exercises to practice what they've seen, with a full tutor debrief - we all learn by doing! We combine training expertise and highly credible practical experience together to give relevant high impact courses.
Capital’s style is guided by some basic principles of adult learning, namely:
- Adults are task focused, they learn by doing;
- Adults are social, they engage with tasks and assimilate information better when working in a group;
- Adults are competitive.
In all areas of our training, we stimulate and engage delegates through involving them actively in:
- Contemporary, real-world case studies
- Group exercises
- Excel modelling, where relevant
Your expert tutors - Greg and Mark - have worked in banking and finance for many years before co-founding Capital City Training in 2010. Our clients include banks across the world, where we deliver tailored solutions on top of our core skills programs.
Greg Mayes, ACA CFA AMCT, qualified as an accountant with Ernst & Young in London, and before setting up CCT was Global Head of Financial Markets Training at Barclays Capital (now Barclays Investment Bank).
Mark Woolhouse graduated from St John’s Oxford and entered the banking world, training with JP Morgan in New York and subsequently working with one of JP Morgan’s London based affiliates, Saudi International Bank. He then worked with the UK merchant banks Hill Samuel and Charterhouse.