'Rule No.1: never lose money. Rule No.2: never forget rule No.1.'

Warren Buffett – American Buinessman and Investor

Managers today are increasingly expected to understand and manage the finances in their area and often participate in financial decisions such as business cases and budget reviews. However Finance, like most professions, has its own jargon and terminology together with some processes and principles which often seem at odds with how we would manage our personal finances. This makes it confusing for non-finance people to understand how finance operates within organisations and prevents them from engaging in financial discussions and activities.

Common concerns we hear include:

I don’t understand the financial jargon
How can I get a better understanding of financial terms and principles?
How can I better understand how finance works in my organisation?
How can I feel more in control of the financial aspects of my role?

This course is designed to ‘de-mystify’ the world of finance and provide you with the confidence and competence to engage in financial activities in a way which demonstrates an understanding of the way finance is measured, the documents and statements which communicate it and the business conditions which drive financial decisions.

For corporate groups, we can organize this training as an on-site private group.

What You Will Learn

Identify the role and importance of Finance within organisations
Recognise and describe some of the common terms and jargon that are used
Identify the elements of the Profit and Loss Account and Balance Sheet
Find out about the tools that are used by the external market to judge organisations
State the key distinction between profit and cash
Recognise how organisations identify the drivers of their financial performance
Learn about the key techniques within management accounting, specifically costing, cash flow and budgeting, and how they are used to forecast performance and support decision-making

Training Outline

The course will cover:

Day 1:

Welcome and Introductions
Financial Principles and Terminology
- Financial principles – how finance works in organisations
- Terminology – making sense of the language
- Business cycles – Operational and Capital Investment
- Financial statements - Income and Expenditure (P&L) and Balance sheets
Financial Ratios – measuring financial performance
Liquidity
Performance and profitability
Investment
Productivity
Distinction between profit and cash
Cash flow statement
Cash flow forecasting
Cash and Cash Flow

Day 2:

Understanding costs
- Importance of managing costs
- Fixed vs variable
- Direct and Indirect
- Breakeven
Budget awareness
Types of budget
Organisation’s budgeting process
Reviewing budgets
Purpose and content
Financial justification including payback, payback period, NPV and IRR
Business Case and Investment Appraisal
Review, Action Planning and Close

Why Choose Us

Leading UK-based global training provider since 1995.

Experience Finance for Non-Financial Managers through Bilginç IT Academy's live and interactive virtual classroom environment. Join a Public course as an individual delegate or arrange a dedicated Private / In-house online training program exclusively for your organization.

Delivery Method: Online Instructor-Led
Participation Model: Public / Private (In-house)
Live and Interactive Training: Connect with your instructor in real time and actively participate through discussions, Q&A sessions, practical exercises, and group activities.
Flexible Participation: Join the training from your home, office, or any location with a suitable internet connection.
Expert Trainer Network: Learn from experienced trainers with strong industry backgrounds and practical field expertise.
Over 30 Years of Training Expertise: Benefit from Bilginç IT Academy's professional training experience since 1995.
Worldwide Access: Join our live virtual classrooms from anywhere in the world or arrange a dedicated online training program for your organization.

Experience Finance for Non-Financial Managers in a professional face-to-face classroom environment. Classroom Based training can be delivered as a Public course open to individual delegates or as a dedicated Private / In-house class exclusively for your organization.

Delivery Method: Classroom Based
Participation Model: Public / Private (In-house)
Face-to-Face Learning: Interact directly with your instructor and fellow delegates in an engaging classroom environment.
Experienced Trainers: Learn from specialists with extensive industry experience and practical real-world knowledge.
Professional Training Environment: Attend training in comfortable, well-equipped classrooms designed to support effective learning.
Practical Learning: Depending on the course, reinforce your knowledge through hands-on exercises, scenarios, case studies, and instructor-led activities.

Arrange Finance for Non-Financial Managers as a dedicated Onsite training program for your organization. Bilginç IT Academy trainers can deliver the training at your office or another location of your choice, with the program planned around your team's requirements and business objectives.

Delivery Method: Onsite
Participation Model: Private (In-house)
Training at Your Preferred Location: Organize the training at your company's office or another location selected by your organization.
Tailored Course Content: Adapt the training program to your projects, team structure, existing skill levels, and specific business requirements.
Team-Focused Learning: Develop your team around a shared knowledge base while strengthening internal collaboration and knowledge transfer.
Flexible Scheduling: Plan the training dates, location, and program according to your organization's operational requirements.
Worldwide Onsite Delivery: Bilginç IT Academy trainers can travel internationally to deliver dedicated training programs at your preferred location.

Finance for Non-Financial Managers Training

What You Will Learn

Training Outline

Why Choose Us