Finance for Non-Financial Managers Training in Ireland

  • Learn via: Classroom
  • Duration: 2 Days
  • Level: Intermediate
  • Price: From €2,288+VAT
We can host this training at your preferred location. Contact us!

'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.

  • 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

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


Contact us for more detail about our trainings and for all other enquiries!

Upcoming Trainings

Join our public courses in our Ireland facilities. Private class trainings will be organized at the location of your preference, according to your schedule.

Classroom / Virtual Classroom
17 December 2024
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom / Virtual Classroom
15 January 2025
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom / Virtual Classroom
17 December 2024
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom
04 February 2025
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom / Virtual Classroom
15 January 2025
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom
04 February 2025
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom / Virtual Classroom
18 March 2025
Dublin, Belfast, Cork
€2,288 +VAT Book Now
Classroom / Virtual Classroom
18 March 2025
Dublin, Belfast, Cork
2 Days

Related Trainings

Finance for Non-Financial Managers Training Course in Ireland

Ireland is an island nation located in northwestern Europe. Its history is shaped by its position as a former British colony, as well as its rich cultural heritage, which includes a long tradition of storytelling, music, and dance. Ireland gained independence from Britain in 1922 and has since become a modern, prosperous country.

Today, Ireland is known for its beautiful landscapes, rich cultural heritage, and friendly people. Popular cities within the country include Dublin, Cork, and Galway, each with their own unique charm and character. The population of Ireland is estimated to be around 5 million people, with English and Irish being the two official languages. Ireland is also home to a vibrant tech sector, with many global tech companies choosing to locate their European headquarters in Dublin. With its mix of tradition and modernity, Ireland is a popular destination for visitors from all over the world.

Choose from our extensive selection of IT courses, covering programming, data analytics, software development, business skills, cloud computing, cybersecurity, project management. Our highly skilled instructors will deliver hands-on training and valuable insights at a location of your choice within Ireland.
Dublin is considered the technology center of Ireland. It is home to a thriving tech industry, with many global tech giants such as Google, Facebook, and Microsoft having their European headquarters in the city. Dublin's reputation as a tech hub is due in part to its favorable business environment, with a low corporate tax rate and a skilled workforce that is well-educated in science, technology, engineering, and mathematics (STEM) fields.

Dublin has also been proactive in supporting the growth of the technology sector, with initiatives such as the Dublin Commissioner for Startups and the Dublin Tech Summit, an annual event that brings together technology leaders from around the world.
We are one of the best! Bilginç IT Academy offers online, live virtual and classroom trainings in Ireland. We are delighted to assist market leaders as they shape the ever-changing and evolving digital landscape. We adapt new generation training methodologies to Ireland's needs. Enroll now and take your tech team to new heights.
Bilginç IT Academy’s coding classes in Ireland can help your team reach its full potential. Our courses, which are intended for tech firm employees, provide hands-on training in the most recent coding languages and frameworks, giving your team the knowledge they need to advance your company. Take your tech team to greater levels by enrolling right away.
By using this website you agree to let us use cookies. For further information about our use of cookies, check out our Cookie Policy.