Finance for Non-Financial Directors (Dubai 2 Day Course)

There are no open events scheduled for this topic. It may be run as an open event again in the future. Alternatively, we can run it as a bespoke internal event for your organisation.

'An absolutely brilliant training session on finance for non-financial managers. It was the best training course I’ve ever attended.'
Charlotte Sansom – Senior PR Manager, DWF LLP

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 and 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.

Compared to the 1 Day standard Finance for Non-Finance Managers course, this course will be more suitable for those executives who have had less experience of and less exposure to number based business management techniques and therefore wish to take a more measured approach to the assimilation and absorption of the new financial knowledge. This slower paced course places a much greater emphasis on hands-on case studies, where attendees get the opportunity for frequent practice to reinforce the skills and knowledge learned and really integrate them into their core knowledge and skill set, so that their future use becomes instinctive and automatic. There will also be some additional topics and concepts introduced in this course, compared to the standard Finance for Non-Finance Managers course.

This 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.

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

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

Share Price and Share Valuation

Other Financial Factors and their Influence on Decision Making

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.

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, fun, approachable and highly engaging, enabling him to deliver a workshop that you will remember and enjoy, which will be very different from the stereotype.

Delegate comments

'An absolutely brilliant training session on finance for non-financial managers. It was the best training course I’ve ever attended.'
Charlotte Sansom – Senior PR Manager, DWF LLP

'Tremendous course.  Course leader was extremely impressive and knowledgeable.'
Lydia Fairfax - Vice President, Legal, Discovery Communications

'Excellent course.  Knowledgeable course leader provided us with all the essential details that a non-finance manager needs to approach financial analysis, backed up with insightful comments and examples, resulting in delegates taking away practical and readily applicable skills.'
Operations Manager of a large logistics and storage company

'A great course …...  I’ve recommended this internally.'
Director of a large practice of chartered surveyors

An excellent course.'
Catherine Lewis – Vice Principal, Corporate Services, NPTC Group

'I found the analysis of real companies particularly helpful.'
Alison Biegel, Operations Manager, Anglia Tours Limited

'I would recommend this course – Enjoyed the course'
Peter Crosby – Briton Price Limited

'Very interesting, very comprehensive and flexible'
Bryony Lester – Superstat Limited

'Tutor was extremely knowledgeable'
Lorraine Nicholson – Access Training

'Very good, many thanks'
Robert Leach – Mosdorfor CCL Systems Limited

'I would recommend this course'
Ben Rowles – CSE Education Systems

'Comprehensive look at accounts, budgets and cash flows.'
Commercial Manager, Signpost Ltd

'Good information for an overall view on finance'
Manpreet Bhella – Care Training East Midlands Limited

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

Other Finance and Accounts Related Training

The Role of the Director and the Board

Strategic Management

 

Internal Staff Training and Development

This training workshop, along with most of our other best practice training workshops, can be delivered as an internal training course at your premises. Even with groups as small as 6-8 delegates, the course fees per person for internal training 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 training 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