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Finance for Non-Financial Managers Book Course
Duration
1 day
COURSE DESCRIPTION
Prerequisites Participants will normally be either practicing or aspiring first line managers or team leaders. Whilst there are no formal educational requirements, learners should have a background that will enable them to benefit from and participate in the programme.
Aims To help participants recognise the elements of costs, & identify mechanisms & measures of cost control. To help participants recognise the importance of formulating and using budgets & identify monitoring methods to control variances.
Topics Covered
- Cost control
- Break even point
- Mechanisms to maintain control of costs
- Purpose of budgets
- Variance analysis
- Profit & loss accounts
- Balance sheets