Finance & Accounting for Non-Financial Professionals

Training course overview

Financial information provides an essential basis for all business managers to undertake their roles effectively and confidently. Financial information originates from the organization’s accounting system, and represents a comprehensive view of events that have already occurred, but it also provides an ideal database for forecasting future events, for preparing budgets, for setting targets, and maintaining control of operations. It can also be used to measure comparative performance and profitability. This training course is designed to provide managers with the skills to understand, interpret, and utilize financial information, and to apply this in planning, controlling, and making decisions which are informed, logical, and which add value to their organization.

What are the goals?

By attending this Coventry Academy Training Course, you should achieve these goals:

• Understanding How Financial Statements are Prepared, and What They Mean
• How to Analyse and Interpret Annual Financial Statements
• How Cost Analysis Helps us With Control, Resource Allocation, and Pricing
• Appreciation of the Importance of Budgets, and How They are Prepared
• Awareness of How Our Company is Financed, and What is the Annual Cost
• The Ability to Use a Variety of Techniques to Evaluate New Investment Proposals
• How to Recognize and Manage Financial Risks, Using a Range of Techniques

Who is this training course for?

This Coventry Academy Training Course is designed for those non-financial staff who wish to gain a better understanding of how finance supports all of the operations and activities of their business. For example this would include Managers and Supervisors in:

• Sales and Marketing
• Logistics and Supply
• Human Resource
• Production and Engineering
• Risk Management and Internal Audit

The certificate

• Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course