FINANCE FOR NON-FINANCIAL MANAGERS
Overview
Finance for Non-Financial Managers utilises a highly-engaging and relevant business simulation to introduce and reinforce the basics of finance to non-financial individuals. By directly applying the financial methods in a ‘real’ business context, individuals are able to immediately reinforce the learnings, and consolidate understanding.
Outcome
By the end of this interactive program, delegates will have an understanding of:
- how money moves in a business
- the financial statements (profit & loss, balance sheet and cash flow)
- key ratios
- the difference between fixed and variable costs and break-even analysis
- why businesses budget and forecast and how to do it
Learning Methods
- business simulation
- small group interaction
- group exercises
- facilitator-led discussion
Who should attend:
- Individuals who are responsible for managing budgets and/or costs
- Managers who would like to better understand the financial implications of their day to day decisions
- Managers with little or no financial knowledge
Ideal Numbers:
8-25
Duration:
2 days
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