Chamber Training: Finance for Non-Financial Managers

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.

‘Simple approach with relaxed atmosphere.’    ‘ Very informative and useful, Can’t wait to put it into action.’