Finance for Non-Financial Managers (FFNFM)

Analysis of Financial Statements

We explore the meaning behind assets, liabilities, capital, income and expenditure and how these are reported, and interpreted, on end of year Profit & Loss and Balance sheet reports.

Aim:

To gain an understanding of financial terminology, financial reporting, the key principles of accounting, and to build confidence in financial matters.

Course content:

• Terminology and concepts
• Profit & Loss statement
• Balance Sheet
• Statement of Cash Flows
• The accounting process (from Trial Balance to financial statements)
• The statutory reporting requirement
• Scrutiny of accounts (audit)
• Interpreting accounts
• Cash flow management.

Objectives:

  • By the end of the programme you will:
  • Understand financial terminology
  • Comprehend the Balance sheet and Profit & Loss reports
  • Understand the importance of cash flow management
  • Be more confident dealing with accountants and other specialists
  • Make better decisions.

Duration:

Usually delivered as a 2-day workshop. Other options are available to suit.

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