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Finance

Finance for Non-Accountants

A practical programme that helps managers understand financial statements, budgeting, cash flow, financial analysis, and make informed business decisions.

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Finance for Non-Accountants
Duration
3 Months
Delivery Method
Online
Awarding Body
Pearson Assured

A practical programme that helps managers understand financial statements, budgeting, cash flow, financial analysis, and make informed business decisions.

What you will learn:

  1. Introduction to Business Finance

    Understand the importance of finance, its role in different businesses, and its connection to key business functions.

  2. Understanding the Language of Finance

    Learn essential financial terms, understand the difference between accounting and finance, and simplify financial terminology.

  3. The Three Main Financial Statements

    Explore the Income Statement, Balance Sheet, and Cash Flow Statement, including their purpose and interpretation.

  4. The Income Statement

    Understand revenue, costs, gross profit, net profit, and the difference between operating and non-operating expenses.

  5. The Balance Sheet

    Learn about assets, liabilities, equity, working capital, and how to assess a business's financial position.

  6. The Cash Flow Statement

    Understand operating, investing, and financing cash flows, the difference between cash and profit, and the importance of cash flow management.

  7. Financial Ratios and Performance Metrics

    Learn key profitability, liquidity, and efficiency ratios, including ROI, ROE, and debt ratios, to evaluate business performance.

  8. Time Value of Money and Valuation

    Explore present and future value, compounding, discounting, and their application in financial decision-making.

  9. Budgeting for Managers

    Develop budgeting skills, understand different budget types, and use variance analysis to monitor financial performance.

  10. Financial Decision-Making

    Apply cost-benefit and break-even analysis, and gain an introduction to investment appraisal techniques such as Payback, NPV, and IRR.

  11. Strategic Finance and Risk Management

    Understand how finance supports business strategy, risk management, long-term growth, and organisational sustainability.

  12. Review and Financial Report Analysis

    Consolidate key financial concepts and develop the ability to interpret financial reports for effective business decisions.