Finance For Non Finance Managers

From £114 + vat

28th Sept & 5th Oct, NEWTOWN (note venue change from Llandrindod Wells)

The workshop is part funded by the European Social Fund through the Welsh Assembly Government.

Course Duration: 2 days

Purpose of the Course

This 2 day course is being held in Llandrindod Wells on 28th Sept & 5th Oct.  The purpose of the course is to lift the veil on the ‘Black Art’ of Financial Management.  It explains in simple terms the importance of good financial control and how the actions of all managers and their teams can improve the financial position in their organisation.  The course will include hands on examples and techniques that the learner can use in their day to day activity.

Course Content

• Financial information and its value for management and decision-making 
• Balance Sheet, Profit & Loss Account 
• Income & Expenditure Accounts (for non-profit organisations) 
• Financial measures of business/organisational performance - calculation and interpretation of Accounting Ratios 
• Cash, profit and cash flow forecasting and credit control 
• Sources of finance/funding and their characteristics 
• Source documents in accounting (invoices, etc.)
• Role of the management accountant – as provider of management information 
• Performance indicators and their role in achieving objectives
• Range of stakeholders and their various expectations of the organisation
• Nature and purpose of financial and non-financial budgets 
• Methods of preparing budgets 
• Budgetary techniques for controlling operations 
• How variances are calculated and used to analyse extent, source and cause of budgetary deviation  
• Techniques for monitoring and controlling costs 

Normal Price £380 + VAT

SME Price £114 + VAT

Non SME Price £190 + VAT

For more information or to reserve your place please complete the booking form or contact the office on 01686 628778 or e-mail info@mwmg.org