Finance for Non-Financial Managers

  • Finance for Non-Financial Managers

Event Details

Date: 
Friday, 12 May, 2017 -
09:00 to 12:30
Venue: 
Norfolk Chamber of Commerce, Norwich Business Park, 9 Whiting Road, NR4 6DJ.
Member Rate: 

£125+VAT

Non-Member Rate: 

£150+VAT

This session aims to give you the basic knowledge about how financial controls work in a UK organisation including P & L Statements, Balance Sheets and Cash Flow. The starting point is to understand the saying: “Turnover is vanity, profit is sanity and cash is king!” and how finance is distributed in a business. A highly interactive session delivered in a brain friendly way!

Who Should Attend?

Junior managers, business owners and anyone who needs a basic understanding of finance.

What will you learn

You will review the Profit & Loss account (P & L) and how this is utilised by management to monitor costs, margins and profit. You'll also look at the fundamentals of a company balance sheet with some worked examples to give a clear understanding. 

Learning Objectives:

  1. Understand a P & L account in a business.
  2. Understand how a balance sheet works.
  3. Understand and control cash flow in a business.
  4. Understand some key financial terminology.

About Julian Hammond 

Julian Hammond is the principal of TIPS for Good Management, a personal, team and business improvement service based near Dereham. Julian has delivered training courses all over the UK, the Far East, USA and Europe. A popular subject is finance for the non-finance manager which Julian has delivered to many audiences as part of TIPS management and leadership programmes. Often these sessions have been for a CMI (Chartered Management Institute) Level 5 qualification which TIPS for Good Management is an approved centre.

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