Finance for the Non-Financial Manager
Finance for the non-financial manager
This seminar will explain simply and clearly what the key financial statements mean, how they work and relate to each other and how your actions as a manager affect them and your business.
15 September 2010
2 Days
-
GBP 999 + VAT
Membership Price: 499.5 + VAT London
9.00-9.30
5.00
35704
3 November 2010, Birmingham
1 December 2010, London
15 February 2011, London
15 March 2011, Manchester
14 June 2011, London
21 June 2011, Birmingham
Why you should attend this seminar
You are an effective manager, skilled in your own area of expertise. Only two things stop you from becoming an all-round high performer – a sure grasp of how finance works and the confidence to use that knowledge to make better business decisions.
This seminar is designed specifically for you. It demystifies finance. It explains simply and clearly what the key financial statements mean, how they work and relate to each other and how your actions as a manager affect them and your business.
Key benefits
- Explain financial jargon and techniques in layman’s terms
- Improve your confidence when dealing with financial matters
- Break down the barriers between yourself and your finance and accounting colleagues
- Radically improve your planning and budgeting skills
- Help you to make better decisions based on a clearer understanding of financial data
- Keep you focused on the bottom-line implications of the way you run your business
- Increase your contribution to your organisation and boost your career development
Who should attend
This seminar is relevant to all managers. Previous delegates have included: project managers, marketing managers, technical managers, solicitors, general managers, office services managers, manufacturing managers, contracts managers, engineers, sales managers, business development managers, research managers and many, many others – even managing directors and finance directors.
Speaker
Jonathan Williams
Jonathan qualified ACA in 1989, and worked in audit practice for 8 years, before moving into lecturing. Jonathan specialised in delivering exam based training for ACA, ACCA, CIMA, CTA, ATT and AAT qualifications, primarily teaching financial reporting, auditing, tax and risk management subjects.
Jonathan joined Kaplan in 1999, and worked for the three years in Singapore lecturing on ACCA financial reporting and auditing courses. He now specialises in developing and presenting FNFM and CPD courses for qualified professional accountants in practice, industry and the public sector. His specialisms are UK GAAP and IFRS, and audit and assurance related topics.
Programme
Day 1
The first day of the programme concentrates on balance sheets and P&L accounts – what use they can be to you. Cash and cash management are then studied – short term working capital management and funding for the long term – what gearing is appropriate.
Accounting and accountants
- What types of accountant are there?
- What do they do?
- Financial accounting
- Management accounting
- Treasury function
- Activities and terms
Understanding the basis of accounting records
- Basic balance sheet and profit and loss accounts
- Accounting records
- Assets/liabilities
- Income/expenditure
- General/nominal ledgers
Getting to grips with financial statements
- Balance sheet and profit and loss accounts – terminology
- Fundamental accounting concepts – going concerns and accruals
- Other concerns
- Depreciation
- EU legislation – format of accounts
Cash flow and cash management
- Working capital – cash cycle
- Just in time
- Flow of funds/cash flow statements
- Current and liquidity ratios
- Gearing
- Treasury management
- Foreign currency and cash management
Day 2
The second day covers budgeting best practice. The content of published accounts is explained – what you can get out of them. This is followed by ratio analysis of financial statements with a final case study that aims to consolidate your skills in financial statement interpretation.
Tips and techniques for planning and budgets
- Corporate plan – financial
- Planning the budget
- The budget cycle
- Links with company culture
- Budgeting methods
- Zero/priority based budgets
- Reviewing budgets
- Responding to the figures
- The need for an appropriate accounting system
Management accounting – costing methods and their uses
- Cost definitions
- Full/absorption costing
- Overheads
- Overhead allocation or absorption
- Activity based costing
- Marginal costing/break-even – use in planning
- Costing for control
A comprehensive case study
What the figures reveal: Understanding and interpreting accounts
- Analytical review (ratio analysis)
- Return on capital employed
- Net profit %
- Asset turnover
- Fixed asset, debtor and stock turnover
- Responding to figures
An introduction to other key issues
- Creative accounting
- Accounting policies/group situations
- Intangible assets – brand names
- Company valuations
- Fixed assets – leased assets
Quotes from previous delegates
‘A great refresher – will give me more confidence’
Ian Martin, Commercial Director, Demolition Group – Hughes & Salvidge
‘Great speaker, turning a dull subject into a very interesting one’
Alan Marks, Group Managing Director, Templar Financial Planning Ltd
‘Very engaging and knowledgeable trainer’
Jennifer Martin, Systems Delivery Manager, LMG
‘A very good presentation given by a speaker who obviously enjoys his subject – unravels some of the mysteries of financial accounting’
Dave Sweeney, Senior Technical Analyst, Gerling Global General and Reinsurance Co Ltd
Continuing professional development
Kaplan Hawksmere events satisfy the continuing professional development requirements of a variety of professional institutions. We are also a registered member of the CPD Certification Service that has independently accredited all our courses. Certificates of attendance will be given to all delegates, so that they may claim appropriate credits in respect of continuing professional development requirements. For further information please visit www.hawksmere.co.uk
Sponsorship opportunities
Are you looking for new ways to promote your company? Kaplan Hawksmere events are an ideal platform to reach your potential customers directly. We create tailor-made packages to suit your company's needs. If you are interested in discussing opportunities (which could include exhibition space, display space or sponsorship of an event, cocktail party or lunch) please call Simon Owen on 020 7960 5663 or email simon.owen@hawksmere.co.uk
In-house learning and development solutions
Tailor-made training for your company.If you have a group of five or more delegates you could benefit from our flexible in-house training programmes. For more information and an initial discussion please call Gary Mee direct on 020 7960 5616 or e-mail gary.mee@hawksmere.co.uk
Outsourcing and event management service
Kaplan Hawksmere has over 10 years experience in running outsourced and managed training contracts both in the private and public sectors. Our highly skilled team will work with you to effectively manage your events, conferences and training programmes to maximise delegate numbers and revenue and to deliver significant benefits including:
- Financial returns – possible increased revenues or cost reductions
- Risk reduction
- High delivery standards and customer satisfaction
- Flexibility to work with your own teams or independently
- Greater market exposure
- Low cost, exceptional responsive market research
If you would like any further information on this service please contact Dwane Charalambous on 020 7960 5604 or e-mail dwane.charalambous@hawksmere.co.uk
