Finance for Non-Finance Managers

Who will the Course Benefit?

Managers who need to know more about finance to improve their planning, costing and budgeting skills. This course is designed for busy managers and those professionals who have a responsibility for financial matters within their job role.

The course is suitable for those in both the private and public sectors from small and medium sized enterprises to multinational corporations. It is designed for all those who are affected by the finances at work.

Course Overview

The aim of this one-day course is to provide managers with awareness and basic understanding of the way finance affects their business objectives. This course is designed for busy managers and those professionals who are responsible for financial matters without necessarily having a job title or qualifications to match. The content is delivered in an easy-to understand way, speaking your language and enabling you to understand the financial way of seeing things.

During the day you will learn to read the accounts, understand the terminology, be able to influence and control your key financial measurements, targets and budgets – all from an operational management perspective. The programme enables to you gain confidence in developing financial negotiations, participate in meetings where the finances are being discussed, build you own budgets, monitor your budgets and take a more active role in the financial aspects of the organisation.

What the delegates will gain from the course:

  • The ability and confidence to discuss financial matters within the organisation through understanding the terminologies and methods used  
  • A working knowledge of profit/loss, balance sheets and cash flow and an ability to read financial statements
  • An increased competence in planning, monitoring and controlling a budget  
  • An improved ability with regard to costing and pricing the organisation’s products and services


NB. Delegates need to bring along a calculator so that they can work out some of the key measurements and financial ratios during the day.

Course Timetable

09:30 – 10:00 Coffee & Course Objectives

10:00 – 10:30 Understanding The Role of  ‘Finance’ (The roles of the Finance Department and the non-finance manager; basic financial implications)

10:30 – 11:00 Financial Terminology Demystified (Translating into plain English – what do they mean?)

11:00 – 11:15 Coffee break

11:15 – 12:30 Understanding the Financial Reports (Assets, liabilities, income and expenditure; The Profit & Loss account; the Balance Sheet; the Cash Flow Statement; cash and profit)

12:30 – 13:30 Lunch Break

13:30 – 14:15 Key Financial Ratios (Profitability; Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Business Trends)

14:15 – 14:45 Finance in the Business (The business cycle, planning, target setting, measurements. The importance of the year-end activities: accruals and reserves. The importance of Expense Control)

14.45 – 15.00 Tea

15.00 – 15.45 Budgeting, Costing & Planning (Planning a budget. Monitoring and controlling a budget. Plans against actual. Variance analysis)

15.45 – 16.15 Costing and Pricing (Methodologies, break-even points)

16:15 – 16:30 Summary & Action Plans Agreed

Other Courses



Call James now on 0131 625 7151 to get a full detailed course description and next available dates.

Course Location

This course will be run at the Edinburgh Training and Conference Venue, which is situated in the centre of Edinburgh, just 5 minutes walk from Waverley Station and close to major bus routes, including the airport bus. Discounted parking is available at the St John’s Hill NCP Car Park. Our training rooms are light and spacious, all are air conditioned with natural daylight.

Complimentary breakfast and lunch will provided, as well as tea and coffee throughout the day. If you’ve got any special dietary requirements just let us know, ideally in advance, and we will be pleased to cater for them. Our team will be there on the day to make sure everything goes smoothly. If there’s anything you need please ask, because “If we Can we Will”.

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