In many organizations, operationally responsible managers have been made accountable for the financial performance of their divisions. This means that these managers need to have a firm grip on using a wide range of financial reports and information - making understanding finance, accounts and budgets extremely important for them. In the webinar, the speaker will aim to make non-financial managers comfortable will using the information provided by their accounting departments to make the correct management decisions.
This course will ensure that they fully understand both the reports and what these are saying about their divisions underlying financial performance.
WHY SHOULD YOU ATTEND?
The modern manager needs to understand the financial implications of their day to day decisions and the impact they have on the business. It is also important that managers have a solid grasp of basic financial awareness in order to agree and manage budgets effectively and appreciate core finance principles.
This training program is aimed at any manager who would like to be more financially aware and will help participants understand financial concepts and the terminology used. They will learn how to translate financial reports, write and understand budgets and use the information to help improve their success as a manager. If you're looking to grow your career and take on greater responsibility within your organization, you'll need to demonstrate a basic understanding of financial management—even if you're not in a financial role.
AREA COVERED
- To familiarize participants with the main aspects of accounting and financial management, such as principles of financial statements and budget formation, cash flows and income management
- To demonstrate to participants how financial information is analyzed, how it is vital for making management decisions
- To train participants to effectively work with a company’s financial statements
- To exercise practical skills for forming budgets
LEARNING OBJECTIVES
- To familiarize participants with the main aspects of accounting and financial management, such as principles of financial statements and budget formation, cash flows and income management
- To demonstrate to participants how financial information is analyzed, how it is vital for making management decisions
- To train participants to effectively work with a company’s financial statements
- To exercise practical skills for forming budgets
WHO WILL BENEFIT?
- Managers
- Department managers
- Regional Managers
- Divisional Managers
- HR Managers
- Department Heads
- Marketing Managers
- IT Staff
- Production Managers
- Administration Managers
- Engineers
- Operations Managers
- Senior Sales Managers
- Procurement / Contracts Managers
- Project Managers
- Factory Managers
- Purchasing Staff
- Supervisors
- Team Leaders
- Credit Controllers
- Employees
- Administrative personnel, employees of sales, marketing and IT departments, with no special education in finance and accounting
- Anyone new to accounting, budget, forecasting or strategic planning
- Anyone who wishes to increase or refresh their knowledge of these areas
The modern manager needs to understand the financial implications of their day to day decisions and the impact they have on the business. It is also important that managers have a solid grasp of basic financial awareness in order to agree and manage budgets effectively and appreciate core finance principles.
This training program is aimed at any manager who would like to be more financially aware and will help participants understand financial concepts and the terminology used. They will learn how to translate financial reports, write and understand budgets and use the information to help improve their success as a manager. If you're looking to grow your career and take on greater responsibility within your organization, you'll need to demonstrate a basic understanding of financial management—even if you're not in a financial role.
- To familiarize participants with the main aspects of accounting and financial management, such as principles of financial statements and budget formation, cash flows and income management
- To demonstrate to participants how financial information is analyzed, how it is vital for making management decisions
- To train participants to effectively work with a company’s financial statements
- To exercise practical skills for forming budgets
- To familiarize participants with the main aspects of accounting and financial management, such as principles of financial statements and budget formation, cash flows and income management
- To demonstrate to participants how financial information is analyzed, how it is vital for making management decisions
- To train participants to effectively work with a company’s financial statements
- To exercise practical skills for forming budgets
- Managers
- Department managers
- Regional Managers
- Divisional Managers
- HR Managers
- Department Heads
- Marketing Managers
- IT Staff
- Production Managers
- Administration Managers
- Engineers
- Operations Managers
- Senior Sales Managers
- Procurement / Contracts Managers
- Project Managers
- Factory Managers
- Purchasing Staff
- Supervisors
- Team Leaders
- Credit Controllers
- Employees
- Administrative personnel, employees of sales, marketing and IT departments, with no special education in finance and accounting
- Anyone new to accounting, budget, forecasting or strategic planning
- Anyone who wishes to increase or refresh their knowledge of these areas