A highly interactive training course on

Financial Bootcamp for Non-Financial Professionals

Developing Your Skills in Dealing with Financial Information
Coventry Academy -  Financial Bootcamp for Non-Financial Professionals
5
Days

Course Schedules

 London
 13-17 Jan 2025
 $5,950
 Dubai
 28 Jul-01 Aug 2025
 $5,950
 London
 27-31 Oct 2025
 $5,950

Training course overview

Financial information is crucial for business managers to perform their roles effectively and confidently. Originating from the organization’s accounting system, it provides a comprehensive view of past events while serving as a valuable database for forecasting future outcomes, preparing budgets, setting targets, and maintaining operational control. Additionally, it allows for measuring comparative performance and profitability.

This training course is designed to equip managers with the skills necessary to understand, interpret, and utilize financial information. Participants will learn how to apply this knowledge in planning, controlling, and making informed decisions that 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

Course Outline

Day One: The Nature and Purpose of Accounting and Finance
  • Why is accounting and finance necessary?
  • The role and structure of the Finance Function
  • Basic principles of financial accounting
  • Teamwork Exercise: Recording business transactions
  • Teamwork Exercise: Applying financial judgement in accounting reporting
  • Teamwork Exercise: Preparing simple financial statements
Day Two: Understanding the Financial Statements
  • The format and structure of the Income Statement and the Balance Sheet
  • Why cash flow is important
  • Teamwork Exercise: Preparing a Cash Flow Statement
  • Published financial reports – format and content
  • Techniques for interpreting financial reports
  • Teamwork exercise and presentation: Using ratios to assess a company’s performance
Day Three: Using Financial Information for Control and Decision-Making
  • Analysing and using financial information
  • Teamwork Exercise: Preparing a product cost summary
  • Cost-Volume-Profit and Break-Even Analysis
  • Teamwork Exercise: Using CVP analysis for decision-making
  • Preparing budgets – How and Why?
  • Teamwork Exercise: Preparing budgets for a manufacturing business
Day Four: Finance and Investment
  • Sources and types of long term finance
  • Short-term finance and working capital
  • Teamwork Exercise: Preparing a business plan
  • Estimating our cost of capital
  • Why investment is essential for profitability and growth
  • Teamwork Exercise: Appraising new investment proposals
Day Five:  Controlling Financial Risks
  • The financial risks faced by our business
  • Managing financial risks using the ‘four Ts
  • Techniques for dealing with investment risk
  • Teamwork Exercise: Assessing and managing investment risk
  • Techniques for dealing with foreign currency risk
  • Teamwork Exercise: Hedging the risks of foreign currency transactions

The certificate

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

Coventry Academy
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