Copyright 2017 BEST Learning Centre Ltd. All rights reserved.

Company Number: 10262623

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Finance for Non-finance Professionals

Knowing financials, especially in terms of meeting financial objectives, is arguably one of the most important skills in business.

Whether you are managing a team, working your way up in any business-related industry, or simply trying to improve your business skills and resume, understanding finance is vital to success. However, without a formal financial background – and therefore a limited understanding of the techniques and vocabulary – you can be at a severe disadvantage to other employees, managers or candidates that do. 

This course provides a fluent and invaluable understanding of fundamental financial theory. It aims to equip all professionals with the techniques, terminology and financial skills required in business.

Highlights -

Combining written material, videos, screenshots and exercises this course will teach users:

  • How to understand and use key financial statements: Profit and Loss Statements, Balance Sheets and Cash Flow Forecasts

  • Budgeting and forecasting techniques to improve planning, control, and decision-making

  • How to use key performance indicators (KPIs) effectively

  • How to apply important investment-appraisal techniques

  • How to develop a business plan

Syllabus

Section 1: Introduction

Unit 1.1 - Financial Information and Decision-making

Section 2: Using Financial Information for Business Planning and Control

Unit 2.1 - Management Accounts    
Unit 2.2 - Costs / Using Costs in Business Decisions    
Unit 2.3 - Using Budgets    
Unit 2.4 - Control Using Variance Analysis
Unit 2.5 - Section Plenary

Section 3: Key Performance Indicators (KPIs)

Unit 3.1 - The Usefulness of Business Key Performance Indicators (KPIs)
Unit 3.2 - How to Choose Key Performance Indicators (KPIs)
Unit 3.3 - How to Use KPIs    
Unit 3.4 - KPIs in Practice
Unit 3.5 - Section Plenary

Section 4: Project Investment Appraisal

Unit 4.1 - Project Investment Appraisal   
Unit 4.2 - Appraisal Methods and Risk
Unit 4.3 - Appraisal Methods and Inflation
Unit 4.4 - Comparing Appraisal Methods
Unit 4.5 - Section Plenary

Section 5: Building Your Business Case (Portfolio)

Unit 5.1 - Building a Business Case
Unit 5.2 - Identifying Your Resources    
Unit 5.3 - Sales, Production and Pricing
Unit 5.4 - Financial Planning for Your Business Case    
Unit 5.5 - Section & Course Plenary