INTRODUCTION TO FINANCIAL STATEMENT

• SaImportance of financial measures
• Financial accounting and management accounting
• The four types of accounts
• Three financial statements

PROFIT & LOSS ACCOUNT

• The profit and loss account
• Elements of the profit and loss account
• Costs in the profit and loss account
• Your own figures

BALANCE SHEET

• Definition
• Sources and use of figures
• Format of the balance sheet
• Inter-relationship with the profit and loss account
• Examples of formats
• Your own figures

CASH FLOW

• Profit and Cash
• Elements of Cash FlowaManaging Cash and Loans
• Practical Applications of Cash Flow

COSTING DECISIONS

• Introduction
• Variable and Fixed Costs
• Cost Structure and Methods
• Break-evenaProduct Costing
• Your own figures

INTRODUCTION TO FINANCIAL ANALYSIS

• What is financial analysis
• Financial analysis in practice

INVESTMENT APPRAISAL

• Cash Flow and Relevant Costs
• Pay Back
• Present Value and Discounting
• Discounted Cash Flow
• Sensitivity AnalysisaCase study

PROFIT MARGIN

• Profit Margin RatioaComparison by Industry
• Supermarkets
• Aircraft Manufacturing Industry
• Profit Margin Flowcharts
• Your own figures

ASSET TURNOVER

• Concept of Asset Turnover
• Asset Turnover Flowchart
• Working Capital Ratios
• Fixed Asset Turnover
• Analysis by Industry – Supermarket
• Analysis by Industry – Aircraft Manufacturing
• Your own figures

RETURN ON CAPITAL EMPLOYED

• What is Return on Capital Employed?
• Elements of ROCE
• Comparison of ROCE
• Financial Analysis with ROCE
• Your own figures

MOCK EXAM SIMULATOR

• Allows you to assess your own capability prior to  taking the formal examination

It is ideal for:

• Project managers
• IT and service support managers
• Sales executives/consultants and new graduates

Managers at all levels need to be equipped with the right amount of business acumen to be effective in their roles. Business Acumen is not just fluency in the language of finance, it is the ability to read, understand and interpret financial information to make informed business decisions. Decisions that will positively impact on the financial performance of the organisation.

Delegates will:

• Understand how business decisions impact organisations’ financials and key performance indicators
• Be confident in financial discussions – gain financial fluency and understand terminology and concepts
• Understand the drivers of your profit and loss account, and the inter-relationship of the financial statements
• Be able to differentiate between profit and cash flow
• Develop superior cost management skills and understand how to conduct effective investment appraisals
• Understand the implications for planning and reporting in the listed company environment

The accredited APMG-International Finance for Non Financial Managers course provides the necessary financial literacy and business acumen needed in modern business. It takes around 12-15 hours to complete the online learning which is equivalent to a three day workshop. It is ideal for anyone looking to train in a time, place and location to suit them.

• This course requires no prior knowledge or experience and is designed for non-financial managers at all levels.

• Modular assessments

• English

• APMG