open - (Page 24) Leadership and Management Financial Planning - budgeting and costing TOOLS Budget responsibility is a critical part of the modern manager’s role in defining the financial consequences of their business plans. A lack of understanding is commonplace which, combined with bewildering jargon, methodology and practices, leads to negativity and little proactive involvement. This one-day course reinforces the value of budgeting and costing processes, and shows how managers can enhance the performance of their business or department. Who can benefit? Specialist non-financial managers who are involved in budgeting processes or costing frameworks, or those who would benefit from understanding how business performance can be enhanced. Objectives By the end of the programme participants will be able to: 9 explain how managerial attitude to budgeting and costing affects the way in which these processes operate 9 define the role of bargaining and influence in the budgeting process 9 explain how budgets can cope with changes 9 define the basic concepts underpinning standard costing and variance calculation Manchester Apr 17 London Sep 4 Ref: M12 In-Company 1 day £199 + VAT Certificate in Finance for Non-Financial Managers The Certificate in Finance for non-financial Managers is designed for those who need a broad overview of the principles of financial management, and who recognise that financial considerations are behind most of the decisions made in business. A deeper understanding of the principles of financial management will enable managers to add value to those decisions and recognise the full financial consequences of their actions. Module 3: Financial statements 9 trading, profit/loss, balance sheet, cash flow Module 4: Interpreting accounts 9 ratio analysis including: profitability, liquidity, stability 9 use of ratios to analyse patterns and trends Module 5: Budgets 9 purpose of a budget, gathering data, estimating costs 9 mechanisms for tracking performance against budget Module 6: Investment capital 9 time value of money, net present value, IRR, payback Module 7: Raising finance 9 sources of funds, effect of capital gearing PROGRAMME Module 1: Legal business structures 9 sole traders, partnerships, limited companies 9 understanding shareholder value Module 2: Accounting principles - sources and uses of capital Certificate in Finance for Non-Financial Managers Gap Analysis Learning Objectives Exercise Test Live Training Event Interactive Exercise Validation Coaching Blended and Extended Learning Track™ supported by Dedicated Tutor throughout 24 bookings & enquiries: 0161 445 2426 training.solutions@cegos.co.uk © Cegos UK 2008 www.cegos.co.uk www.cegos.co.uk
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