Finance for Non-Finance Managers (2 Day Course)

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Finance for Non-Finance Managers (2 Day Course)
18 Jan 2018 WS8170 £975 London Grosvenor Hotel Information on this event      
30 Jan 2018 WS8171 £975 Crowne Plaza NEC Birmingham Information on this event   Book for this date
15 Feb 2018 WS8172 £975 London Grosvenor Hotel Information on this event   Book for this date
15 Mar 2018 WS8186 £975 London Grosvenor Hotel Information on this event   Book for this date
12 Apr 2018 WS8202 £975 Crowne Plaza NEC Birmingham Information on this event   Book for this date
17 May 2018 WS8203 £975 London Grosvenor Hotel Information on this event   Book for this date
14 Jun 2018 WS8204 £975 London Grosvenor Hotel Information on this event   Book for this date
19 Jul 2018 WS8205 £975 London Grosvenor Hotel Information on this event   Book for this date
Run this event as an internal event. Click here for details.

Finance for Non-Finance Managers Course

Chartered Management Institute Recognised Training Centre for Director and Manager Training Courses. This 2 day course is a CMI Recognised Course.

Formal Certificates of Professional Development will be issued to participants who successfully complete this course. These certificates will be accepted as evidence for CPD purposes by most professional institutes and associations.

Delegate Comments on the Finance for Non-Finance Managers 2 Day Course

'I had no idea how exciting this subject could be.' Christopher Schmidt– Managing Director, Sakura Finetek Germany

'Very good course with a huge amount covered and great insights.'
Adrian Thomas - Director of Broadcast Schedule Operations, Discovery Communications Ltd

'Perfect way to learn about a rather difficult topic, good explanations and examples.'
CEO, large Danish medical equipment company

'Excellent course, very knowledgable course leader'
Damian Kerry - Director, Sunray Engineering Limited

'Phil delivered the course in a superb style: engaging and informative.' Steve Doyle - Director, A.D. Construction Group

'An excellent course.' Sukhjit Gill - Managing Director, Inclusive Technology

'Excellent course.' Thomas Peace - Director, Jonarve

'Fantastic course' Fiona Simons – Director of Content Operations, Discovery Communications Ltd

'Very good course and good supporting documentation' Alex Low – Contracts Manager, Seajacks UK Limited

'Good examples (cases), which made presentation very good and easy to understand'
Azra Loncarevic-Srmic –Director of Screening & Research, Cardiac Risk in the Young

'Invaluable to any director'
Abigail Lock - Director, Croydon Churches Housing Association

'Superb knowledge and application.' Ben Ward – Commercial Director, Willmott Dixon Energy Services Ltd

'Insightful, Useful, Relevant and Interesting - Thank you'
Ian Mogey - Director, Chemring UK

'Well delivered and the vast knowledge of Philip, combined with down to earth approach makes for easy understanding' Darren Payne – Director, Rhodar Limited

'Very interesting – Superb overview'
Mark Barfield – British Triathlon Federation

Finance for Non-Finance Managers Course Overview

Being successful within an increasingly complex and fast moving world, with very flat management structures, requires a firm grasp and an in depth understanding of a whole range of financial concepts and skills. This course is being constantly updated to always contain the latest financial issues, for example it includes information on financial matters that have only come into force in 2015 and therefore apply to accounting periods starting on or after 1 January 2015, which will mainly end on 31 December 2015 and only first be filed at Companies House by 30 September 2016.

This two day Finance for Non-Finance Managers course places great emphasis on hands-on case studies and discussions, where attendees get the opportunity to practice their newly acquired skills and knowledge, to reinforce the learning process and to really integrate them into their core knowledge and skill set.  This means that their future use will becomes instinctive and automatic.

The course will be ideal for those executives who have had limited direct experience of numerically based business management and analytical techniques.  They may therefore wish to take a measured approach to the assimilation and absorption of the new financial knowledge and skills.  This objective is easily achieved through a very effectiive and relaxed approach to learning, which is significantly enhanced by the detailed discussions and extensive case studies, especially on day 2 of the course.  Day 1 of this course sometimes overlaps with the 1 day Finance for Non-Finance Managers course.

This Finance for Non-Finance Managers course will provide the essential knowledge of those key financial management issues and concepts that are needed by successful Managers, Executives, Directors and Consultants in order to remain ahead of their competition. The completion of this course will provide a good grasp of the key elements of Management Accounts and Statutory Financial Accounts. It will also provide a sound theoretical financial knowledge base upon which to build and acquire new and more advanced financial management skills. The theoretical knowledge will be reinforced by hands-on case studies.

Attendees will become highly skilled at reading and understanding Balance Sheets and Profit & Loss Accounts. You will become more involved with all types of financial discussions within your organisation. You will be more confident and comfortable when communicating with financial managers, directors, investors, suppliers and key clients.

You will be able to value possible company acquisitions and disposals, as well as evaluate the likely change in the market value of your own organisation as a result of a potential acquisition or disposal. You will understand the purpose of consolidated accounts and key information hidden within those accounts.  The options and selection of the most appropriate legal structure for any business will also be explained.

Finance for Non-Finance Managers Course Content

Accounting and the Law

The Three Key Financial Statements

Using Key Ratios to Analyse Accounts and to Support Investment Decisions

Working Capital Management and Cash Flows

Revenue and Capital Expenditure

Depreciation and Amortisation of Assets and liabilities

Costing and the Impact of Costing Assumptions on Business Decisions

Forecasts and Budgets

Consolidated Accounts

Company Acquisitions and Disposals

Strategic Financial Risk Management

Financial Operational Management

Share Price and Share Valuation

Other Financial Factors and their Influence on Decision Making

Course Leader

The Course Leader is a Fellow of the Institute of Chartered Accountants of England and Wales, an FCA, and a Chartered Director; the Board Director qualification awarded by the Institute of Directors.  He is also a Fellow of the Institute of Consulting and sits on the Thames Valley Board of the Chartered Management Institute. He is also an active tutor for the Chartered Management Institute.

He is on the Chartered Director Committee of the Institute of Directors, which determines what UK Board Directors should know, in order to properly fulfil their role as a company director.  This committee helps to shape the Institute of Directors examination syllabus in the UK.  He has been closely involved in all aspects of the professional development of directors and managers within the UK, for more than 7 years.  In addition to professional development services, he is actively involved in company acquisitions and disposals, as well as providing financial consulting services. He has practical experience of funding new investments, including procuring new Equity Share Capital.

He has over 30 years of successful UK and International experience, including 7 years as the Finance Director and then the Chief Executive of a Plc, as well as 13 years with KPMG Management Consulting, IBM and Arthur Andersen. 

His delivery style is dynamic, approachable and highly engaging, enabling him to deliver a workshop that you will remember and enjoy.

Learning Objectives

This two day course enables participants to understand better, the key attributes and approaches that underpin a strategic and tactical financial approach to management and help to develop the key skills and styles that will allow participants to be more effective when adopting and applying a structured methodological decision making approach to management.

By the end of this training course participants will be better able to:

Who will benefit from attending this training?

General Managers, Board Directors, Trustees, Company Directors, Department Heads, Sales Managers, Marketing Managers, Administration Managers, Human Resources Managers, Purchasing Managers, IT Managers, Budget Holders, Production Managers, Technical Managers, Facilities Managers, Site Managers, Property Managers, Advertising Managers, Media Managers, Medical Managers, Charity Heads, Charity Managers, Medical Services Managers, Communications Managers, Logistics Managers, and any other managers or executives interested in improving their financial skills and knowledge for the benefit of their organisation and their personal career development.

Internal Staff Training and Development

This workshop, along with most of our other best practice workshops, can be delivered as an internal course at your premises. Even with groups as small as 6-8 delegates, the course fees per person for internal workshops can be lower than for open events. The potential savings are even greater, if the travel time and the travel costs of the delegates are included.

Running workshops internally is very convenient and it allows the participants to explore how key issues will impact on them and their organization. Then as a team they can begin to agree upon a development action plan, with priorities. This approach is favoured by many of our clients as it combines a high quality service with excellent value for money and is a highly effective route for staff development.

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Certificates of Professional Development.

This course is recognised for CPD purposes by most professional institutes and associations including the Law Society, the CIM, the CMI, the ICAEW, the Institute of Learning and the CIPD. Formal Certificates of Professional Development will be issued by email to participants who successfully complete this course. These certificates will enable participants to evidence the update of their CPD records. The workshop will consider how to best apply the knowledge gained by the delegates upon their return to the workplace. This element of the programme is designed to maximise the benefits of attending and enable participants to make valued judgments when recording CPD activities