The Fundamentals Of Finance For Non-Finance Professionals
What you'll learn
- Understand key financial concepts such as EBIT & EBITDA
- Be able to calculate Return on Capital Employed (ROCE) and Net Present Value (NPV), and more importantly, understand what they mean and why they’re important
- Read and understand the core elements of a P&L (Profit & Loss account), balance sheet and cash flow statement
- Understand different calculations of profit margins, and when some margins look better than others
- Identify the different approaches to depreciation and why we need to be careful with them
- Demystify the strange concept of amortisation
- Be able to talk coherently using financial terms, and understand it when people talk to you about them
- Prove your knowledge and understanding with short, real-world tests at the end of every lecture
- Get a discount on future courses in this series
Requirements
- You need to take notes to complete the short tests at the end of each lecture
- You’ll need to download some pdf files from live.lammore.com/finance1 to use during the programme
- No experience is necessary to complete this course
Description
BRAND NEW!
We're going to show you how to understand the numbers that lie at the heart of every organisation.
With this programme we're going to give you a simple guide to the core elements of finance that all organisations use to report and manage their results. If you ever have conversations about finance and feel even slightly out of your depth, then this introduction to the Fundamentals of Finance is for you.
Have you ever been in a position where you’re talking about your P&L, and had nagging doubts about what you were talking about? Have you ever used terms like EBIT or NPV without really understanding what they are or what they mean? Do you see mysterious financial transactions happening that affect your results, but you don’t know how (or if) you can affect them? If any of these are true, this course will remove those doubts and raise your understanding. You’ll be smarter, sound smarter, and be able to make better, faster decisions as a result.
This course is Part 1 in a forthcoming series called The Fundamentals of Finance, and will be the foundation stone upon which to build your development as a rounded manager and leader in your organisation.
Let's get going!
Who this course is for:
- You should take this course if you ever use or hear financial jargon or data
Course content
- Preview07:15
- Preview14:02
- 6 questionsLecture 1 Quiz
- 08:30Margins
- 6 questionsLecture 2 Quiz
- 16:58Balance Sheets
- 6 questionsLecture 3 Quiz
- 16:38P&L and Cash Flow
- 6 questionsLecture 4 Quiz
- 11:28ROCE
- 6 questionsLecture 5 Quiz
- 11:43NVP
- 4 questionsLecture 6 Quiz
Instructor
![Lammore Consulting](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.0 Instructor Rating
- 45 Reviews
- 630 Students
- 2 Courses
Who Are We?
Lammore Consulting are an award-winning training company. With offices in London, Harrogate and New York, we train across the UK, Europe, the USA, Middle East, Far East and Australasia.
Our Mission is to: Inspire, Entertain, Make a difference
Our Course Instructors
Mark Blackmore
Leading Sales and Management Training Coach Mark is an experienced consultant and passionate sales and management educator. Mark has worked with and trained in a wide variety of sectors and his clients include both blue chip and household names (for example Barratt Homes, Autotrader, Mamas & Papas, Google, Nokia, G4S, Black & Decker and Hellmann Worldwide Logistics). As well as an avid presenter, motivator and conference speaker, Mark is also the author of the book “The Single Sales Principle and the 8 Myths of Selling”.
Simon Roskrow
Simon has a successful big business career behind him in investment banking, consultancy, sales, finance and manufacturing; so he appreciates first hand the need for real results from any training investment. He is a training polymath, qualified in the firm foundations like NLP and Myers Briggs, while able to bring training innovations using concepts like Game Theory and Behavioural Economics.