Finance for Non Financial Managers • Introduction

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Price (ex vat): £449

PrintDURATION: 2 days

TIME: 09:00 to 16:30 GMT

This Finance for Non Financial Managers course is your path to becoming a more confident and strategic manager. Master key financial concepts, from budgeting to investment decisions, and learn to speak the language of business. Turn financial data into a powerful tool for your career growth and effective leadership. Contact us.

Course Summary

About Finance for Non Financial Managers • Introduction

Finance for Non-Financial Managers

Become a strategic business partner, not just a manager.

This isn’t your average finance for non financial managers course. We understand that as a busy manager, you’re not looking to become an accountant. You’re looking to gain the confidence to understand the financial side of your business, make smarter decisions, and speak the language of senior leadership.

Finance for None Financial Managers training course with IPSO FACTO

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Who is the Finance for Non Financial Managers course for?

The course is designed specifically for UK-based managers, this two-day, expert-led course demystifies the world of business finance. You’ll learn to move beyond the fear of spreadsheets and numbers and start using financial information as a powerful tool for strategic thinking and career growth.

Why should you take this Finance course?

Gain confidence: You’ll move beyond the fear of spreadsheets and numbers, gaining the confidence to understand the financial side of your business.
Improve decision-making: The course will empower you to make smarter, data-driven decisions that impact your department and the wider company.
Enhance communication: You’ll learn to speak the language of finance, allowing you to communicate more effectively with senior leadership and finance teams.
Become a strategic business partner: By understanding financial concepts, you’ll be able to contribute more strategically to your organization’s success.
Master key skills: The course teaches practical skills like budgeting, cost management, and creating compelling business cases for projects and investments.

Learning Outcomes

Understand the big three: Learn to read and interpret the key financial statements that drive business decisions: the Profit & Loss Account, the Balance Sheet, and the Cash Flow Statement.
Identify the difference between Profit and Cash: Uncover why a profitable business can still struggle with cash flow, and why this is a crucial distinction for your day-to-day decisions.
Master the art of the Budget: Learn how to create, manage, and defend your departmental budget, and understand the difference between operating and capital expenditure.
Translate key financial Ratios: Understand what financial ratios are, what they actually mean, and how to use them to assess the health of your department or a project.
Confidently manage Costs: Get hands-on with costing principles and learn how your decisions impact pricing and profitability.
Make smarter investment decisions: Learn how to use financial data to build a compelling business case and justify new projects or investments.
Understand working capital: Grasp the importance of managing inventory, debtors, and creditors to free up cash for the business.
Speak the language of finance: Participate in finance discussions with confidence, understand the annual report, and present your ideas in a financially credible way.

Topics for this Finance for Non Financial Managers course

The financial management jigsaw: why it all fits together
A deep dive into the profit & loss account
The balance sheet: a snapshot of your business’s health
Cash flow: the lifeblood of your organisation
Budgeting and cost control
Introduction to key financial performance indicators
Costing, pricing, and profitability
Working capital management
Investment appraisal techniques (NPV, payback, ROI)
Creating a winning business case
Reading and understanding the annual report
Action planning: applying your new skills in the workplace

Course Includes

Live Online training using Teams
Course handbook and exercises
Certificate on completion

FAQ

Who is this Finance for Non Financial Managers course for?
This course is designed for managers in the UK who have no formal background in finance. It’s perfect for anyone in a leadership role who needs to understand the financial implications of their decisions and speak confidently with senior leadership or finance departments.

What are the key financial statements we will learn about?
You will learn to understand the “Big Three” financial statements: the Profit & Loss Account, the Balance Sheet, and the Cash Flow Statement.

Why is understanding cash flow so important?
A business can be profitable on paper but still fail due to a lack of cash. You’ll learn the crucial difference between profit and cash and why managing cash flow is vital for your department and the business as a whole.

Will this course teach me how to budget?
Yes, a key part of the course focuses on budgeting and cost control. You’ll learn how to create, manage, and defend a departmental budget and understand the difference between operating and capital expenditure.

What practical skills will I gain by the end of the two days?
You’ll gain skills to confidently manage costs, build a strong business case for new projects, understand working capital, and interpret the annual report. Essentially, you’ll be able to use financial information as a powerful strategic tool.

What experience does the trainer have?
Our trainer has many years experience as a professional Chartered Management Accountant for business’s across Hampshire. She’s also regularly delivered 2, 3 and 5 day finance courses over the past five years to a wide range of our clients.