Finance for the Non-Financial
Event Details
Date: Wednesday,12th of June 2024
Time: 9:30am - 3:30pm
Location: Scottish Procurement Alliance Partnership Hub, 6 Deer Park, Fairways Business Park, Livingston, EH54 8AF
*Please note this event is for West Lothian-based residents/businesses only*
For non-financial managers and directors who want to increase their financial and accounting knowledge. This highly practical programme will help you to increase your understanding of the use of accounting and finance in the business context. By the end of the programme, you will be able to communicate effectively and confidently on financial matters within your organisation.
Key Benefits
- Increased ability and understanding in financial matters
- Improved skills in analysing and interpreting financial and accounting information
- Ability to make better decisions, both on day-today matters and investment decisions
- Confidence to communicate effectively with your organisation’s accountants.
Core Content
- Understanding and analysing the balance sheet , profit and loss and statement of cash flows
- Planning, budgeting and cash flow forecasting
- Preparing and evaluating capital project and acquisition proposals
- Understanding and managing costs – including transfer costs
- Managing cash flow and working capital
- Analysing breakeven and contribution
- How to drive and monitor performance and create value throughout the organisation.
- How to budget for income and expenditure
Course Structure
- The Financial Statements – what do they tell us
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Cash versus Profit – where does the money go?
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Financial Analysis – how well are we doing?
- Ratio Analysis – easy tools to understand business performance.
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Managing Costs – how do different types of costs behave and how do they impact profitability?
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Understanding prices – what does it mean to be sensitive to volumes or costs?
- Budgets and Control – building the budget from scratch!
Participants will learn by active participation during the programme through the use of exercises, case studies, practical workshops, syndicate and group discussions.
A light lunch will be provided.
For more details and to book a space, fill in the form below! Please note a maximum of 2 places can be booked per business.
