Finance for the Non-Finance Manager

Course Overview

Finance for the Non-Finance Manager

Understand financial analysis principles, how to control cash and work with budgets.

Course Content

Module 1 – Statement of Financial Position and Income Statement Account
• Assets and liabilities explained
• Current and non-current assets
• Current and non-current liabilities
• Business equity for sole traders and limited companies
• Income and expenditure – profit and loss
• Income statement account for sole traders and limited companies
• Determining profit and profit quality
• Reporting financial information

Module 2 – Financial Analysis
• Identifying parameters for analysis
• Ratio analysis and calculating ratios
• Profitability ratios:
 – Return on capital employed
 – Gross profit margin
 – Profit for the year/period
• Liquidity ratios:
 – Current ratio
 – Quick ratio
• Efficiency ratios:
 – Non-current asset revenue
 – Stock holding period
 – Trade receivables collection period
 – Trade payables payment period
• Limitations of ratio analysis

Module 3 – Overview of Controlling Cash
• The importance of cash
• Cash flow vs profit
• Budgeting for sufficient cash
• How to get customers to pay quicker

Module 4 – Overview of Budgets
• What is a budget?
• How do budgets help businesses?
• Using budgets to manage
• Interpreting budget data