Finance for Non-Financial Managers Masterclass

Managers today need to understand Finance. This involves moving beyond budgeting, and acquiring an understanding of the key concepts involved in the organization’s financial decision making. Designed for managers in non-financial roles, this masterclass will equip you with the knowledge to interpret financial statements easily, and to participate with confidence in management meetings and dialogue on the financial planning and performance of the organization.

In this masterclass you will learn the fundamentals of financial and management accounting, including financial statements, profit and loss accounts, and balance sheets. Cash flow, profit margins and asset turnover will all be covered, and you will also learn about investment appraisal, financial analysis and the use of key financial performance ratios.

The knowledge gained in the masterclass will enable you to take on a leadership role in a business unit , contributing to informed financial decision making within the wider organization.

Note: Participants will also have access to the Global online courses aligned with the masterclass.

MASTERCLASS DETAILS

• Suitable For: Middle Managers and Professionals seeking to lead commercial and strategic decision making in the business.
• Masterclass Schedule: 4 x 3 hours Online Lessons (one 3 hour class per week)
• Masterclass Duration: 4 weeks
• Masterclass Delivery: Online Lessons plus access to On-demand courses.
• Online Course Access Duration: 90 days from date of enrolment
• Certification: Masterclass Digital Credentials awarded on completion
• Learning Resources: Comprehensive Learners manual, additional articles and worksheets.

MASTERCLASS CONTENTS

This masterclass comprises the following lessons:

MASTERCLASS SESSION 1: THE CONTEXT FOR FINANCIAL MANAGEMENT

Lesson 1 – Getting Started

Lesson 2 – Finance Management – Whose Job is it Anyway?

Lesson 3 – The Manager’s Role

Lesson 4 – Sources of Finance

MASTERCLASS SESSION 2: THE FINANCIAL STATEMENTS

Lesson 5 – Financial Statements and Performance

Lesson 6 – The Balance Sheet

Lesson 7 – The Income Statement

Lesson 8 – The Cash Flow Statement

MASTERCLASS SESSION 3: BUDGET MANAGEMENT

Lesson 9 – Understanding Budgeting

Lesson 10 – The Budgeting Process

Lesson 11 – Controlling the Budget

Lesson 12 – Reporting Budget Progress

MASTERCLASS SESSION 4: FINANCIAL ANALYSIS USING KEY FINANCIAL RATIOS

Lesson 13 – Key Financial Ratios – Profitability

Lesson 14 – Liquidity and Activity Ratios

Lesson 15 – Leverage Ratios

Lesson 16 – Value and Investment Ratios

Lesson 17 – Wrapping-up