Finance for Non-Finance Managers

This is Finance 101 with a difference!

This course is a light-hearted take on the subject of finance. I think you'll find it (at least a little bit) entertaining and thought-provoking and it takes the Pareto Principle to the extreme. Almost everything that I've learnt over the last couple of decades working as an accountant is summarised, organised and presented to you on this course in a fraction of the time that it took me to learn it. 

This is a practical course in which you’ll learn by partaking in a series of games, activities, group work and discussions that have been carefully curated and devised to make the key learning points stick. 

By the end of this one-day workshop, as a non-accountant, you will know pretty much everything you need to know about Finance in order to succeed in your management role. 

• Managers that have never been formally trained on the finance aspects of their role
• Experienced managers that are seeking to refresh and update their knowledge on key finance principles
• Directors that are new to their role
• Directors that could do with going back to basics and are interested in doing the simple things really, really well

• Balance Sheets and P&Ls: what are they all about and how do they work?
• Why profit does NOT equal cash
• How to write brilliant business cases
• The three main Pricing Methodologies
• Understand key financial concepts including Liquidity, Gearing, ROCE, ROI, Working Capital Management, Debtor & Creditor Days, Growth, Profit Margin Analysis, EBIT and EBITDA
• How to use Financial Tools such as Net Present Value (NPV), Discounted Cash Flows (DCF), Internal Rate of Return (IRR), Payback Period, Break-even Point and Contribution to aid decision-making
• Overcoming Accounting myths, complex terminology and jargon busting
• Understanding the advantages and disadvantages of using numbers to assess the levels of risk

• Work out how much problem areas and inefficiencies are really costing the business
• How to use Budgets, Forecasts and Management Accounts to boost financial performance
• 30 ways to improve the business's finances and what you can do personally to affect the bottom line
• How to make the most of the Finance Function and understand where it’s responsibility ends and yours starts
• Real life examples of pricing hacks that other successful companies are using today (which you might be missing out on)
• Understand the true impact of your actions and decisions on the finances
• Strategies to deal with a recession, inflation and a challenging economic climate
• Things managers could do daily, weekly, monthly and yearly to improve the finances