Finance for Non-Financial Managers
Course Code: BSFNFM2D
Duration: 2 days
Price: £885
Upcoming Events
- Virtual Classroom
- Mon 22 June 2026
- 2 days
- £855.00
Course Overview:
This two-day course equips non-financial managers with the practical financial knowledge and confidence needed to contribute more effectively to their organisation’s financial goals. Through interactive sessions and real-world examples, learners will explore key financial principles, terminology, and tools that are essential to understanding reports, managing budgets, and building credible business cases.
Target Audience:
This course is designed for non-financial managers and professionals who want to:
- Improve their financial knowledge and understanding of key financial terms.
- Learn how to read accounts and analyse financial information.
- Feel more confident in discussing financial decisions and their interplay with strategy.
- Understand how to manage budgets more effectively.
- Understand balance sheets.
- Learn about accruals and revenue accounting.
- Effectively analyse year-on-year trends and find meaning in the numbers.
Course Objectives:
By actively participating in this course, you will learn about the following:
- Financial statements and reports.
- Using and Working with financial reports.
- Be able to budget for better results.
- Why the balance sheet matters.
- Why we have P&L accounting and cash accounting.
- Financial trends
Course Content:
Understanding Financial Statements & Reports
- Accounts: how are they structured and why they are needed
- P&L, Balance Sheet and Cashflow: what they tell us and why we need to read them together
- Financial jargon: answering your questions on financial terminology
- Cash flow management: understanding the difference between cash and profit, and why cash matters to your organisation
Using and Working with Financial Reports
- Learn the key questions needed to read and interpret financial reports
- Review and apply key ratios to analyse financial performance
- Learn how to link finance back to your company’s wider business strategy
Budgeting for Better Results
- Preparing a budget: good practice, planning and forecasting
- Budgeting Case Study: how to challenge assumptions and budget for best results
- Budgeting approaches: looking at budgeting methodologies and practices
Why Balance Sheets Matter
- Learning how to read your company balance sheet
- Ensuring key organisational assets are put to best use
- Understanding Capex vs Opex and strategic decision-making for capital expenditure
Profit, Revenue & Accruals Accounting
- Understand why we have P&L accounting vs cash accounting
- Gain insight into why revenue and costs accruals happen and matter
- Learn simple accounting rules for revenue accounting
Financial Trend Analysis
- Effectively analyse year-on-year trends and find meaning in the numbers
- In depth look at how to use financial statements together to derive understanding and insight
- Look at key financial metrics; solvency, liquidity, profitability, asset use, gearing – and understand why these matter to your business
Prerequisites:
There are no specific prerequisites for this course however, participants should bring a clear understanding of how they intend to apply financial knowledge in their role, along with relevant workplace documents (e.g., reports or budgets) for reference and discussion during the course.
Further Information:
For more information or to book this course, please contact our Course Enquiries Team on 0117 3701970 (Option 2) or email us at enquiries@skilltec.co.uk
