Finance for Non Financial Managers
19th March 2008 - Newcastle Graduate School of Business
Short Course Description
The ability to understand and work with financial reports is critical to success in business. This one day course is designed to introduce basic accounting concepts to non-financial managers. It will cover the essential elements of financial statements, and enable attendees to understand and interpret financial information.
Who Should Attend
You will benefit from this course if you need to learn the basic features financial and managerial reporting. Previous accounting experience is not required.
Key Topics
- Overview of Basic Accounting Concepts
The Balance Sheet, Profit and Loss Statement (Income Statement)Statement of Changes in Equity, Cash Flow Statement, Accounting Conventions What the Statements do and do not show - Measuring Financial Performance
Profit and Loss Statement (Income Statement), Costs and Costings Balance Sheet, Ratio Analysis, Weightings/percentage analysis - Profit and Loss and Cash Flow Budgeting
How to prepare a budget, How to review a budget
Learning Outcomes
This course will give managers with no previous finance experience the tools and experience to navigate financial statements and prepare budgets to enhance their performance and that of their staff.
