Skill Details

View Skill (Open Access)

Skill Details

Skill Name

Skill Category

Is Accredited

NoYes

Is Apprenticeship

NoYes

Skill Overview

In today's dynamic business environment, it is crucial for
 non-finance managers to possess a fundamental understanding of financial principles to make informed decisions that contribute to organisational success. The "Finance for Non-Finance Managers" training session aims to demystify finance, providing participants with the essential knowledge and skills to interpret financial statements, assess profitability, and manage risks effectively.

Learning Objectives

A knowledge of Financial Statements:
Introduction to the basics of financial reporting.
Decoding the language of financial statements: income statement, balance sheet, and cash flow Statement.
Interpreting key financial metrics for informed decision-making.
A knowledge of Profit and Loss Analysis:
Unravelling the components of the Profit and Loss Statement.
Identifying revenue streams, cost structures, and profitability ratios.
Analysing financial performance to gauge business health.
A knowledge of Balance Sheets:
Grasping the concept of assets, liabilities, and equity.
Exploring the role of the Balance Sheet in assessing financial stability.
Understanding the impact of financial decisions on the balance sheet.
An awareness of Risk Management Essentials:
Introduction to financial risk and its various forms.
Evaluating risk exposure and assessing its potential impact.
Strategies for mitigating financial risks and ensuring business resilience.

Funding Option

Funding Eligibility

Skill Price ex VAT (£)

Skill Length

Skill Level

Skill Timings

Delivery Method

Skill Eligibility (Prerequisites for skill/software requirements)

Last Application Date

Skill Enrolment

Skill Status

Skill Enquiry Details

First Name

Last Name

Telephone

Postcode

Are you a company owner or senior decision maker?

NoYes

No. of Delegates

What is your company name?

Would you like to explore skills support for your organisation through GM Business Growth Hub?

NoYes

I accept the Terms and Conditions and Privacy Policy

NoYes

Skill