Course
APMG-INTERNATIONAL FINANCE FOR NON FINANCIAL MANAGERS™ TRAINING
This accredited course contains 20 hours of learning split into 10 sessions which cover an introduction to the basic concepts of finance, teaching you how to read basic financial statements. The course then moves on to teach you how your business decisions impact the financial health of your organisation. Proven subject matter and relevant interactive exercises assist you in understanding the financial concepts needed by all managers.
Introduction to financial statements
Importance of financial measures
Financial accounting and management accounting
The four types of accounts
Three financial statements
Accounting conventions
Profit and loss account
The profit and loss account
Elements of the profit and loss account
Costs in the profit and loss account
Your own figures
Balance sheet
Definition
Sources and use of figures
Format of the balance sheet
Inter-relationship with the profit and loss account
Examples of formats
Your own figures
Cash flow
Profit and cash
Elements of cash flow
Managing cash and loans
Practical applications of cash flow
Your own figures
Costing decisions
Introduction
Variable and fixed costs
Cost structure and methods
Break-even
Product costing
Your own figures
Introduction to financial analysis
What is the financial analysis
Financial analysis in practice
Investment appraisal
Cash flow and relevant costs
Payback
Present value and discounting
Discounted cash flow
Sensitivity analysis
Case study
Profit margin
Profit margin ratio
Comparison by industry
Supermarkets
Aircraft manufacturing industry
Profit margin flowcharts
Your own figures
Asset turnover
Concept of asset turnover
Asset turnover flowchart
Working capital ratios
Fixed asset turnover
Analysis by industry "supermarket"
Analysis by Industry "aircraft manufacturing"
Your own figures
Return on Capital Employed (ROCE)
What is Return on Capital Employed?
Elements of ROCE
Comparison of ROCE
Financial analysis with ROCE
Your own figures
This course requires no prior knowledge or experience and is designed for anyone needing to develop their understanding of finance.
It is ideal for:
Project managers
IT and service support managers
Sales executives/consultants and new graduates
Duration: 20 Hours
Tuition Fees£555(Exam) £400(Without Exam)