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There are many excellent online courses. This has been hugely beneficial in my day to day work.
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- Louise Nolan
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Finance for Non-Financial Managers
Course Aims
To discuss, understand and practice some of the financial skills needed by all managers and specifically budget-holders, to operate in today's working environment. |
Course Audience
Managers who have to work with financial information in any organisation and for whom finance is not their core skill. |
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Table of Contents
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The Importance of Accounts
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Managing Money
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Where Did the Money Come From?
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Where Did the Money Go To?
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Accounting for Business
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Three Prime Accounting Questions
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Balance Sheets
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Typical Layout of A Balance Sheet
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Creditors (Due Within One Year)
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Creditors (Due After More Than One Year)
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Profit and Loss Account
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Profit before Interest and Tax/Operating Profit
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Interest Earned and Interest Paid
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Typical Layout of a Profit and Loss Account
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The Importance of Liquidity (Cash)
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Factors Affecting Cash Flow
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What it Costs to Maintain Liquidity
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Short-Term Cash Flow Forecasting
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Long-Term Cash Flow Forecasts (1 To 5 Years)
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Costs
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Semi-Variable Costs (Or Indirect Overheads)
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Budgets
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