Finance for Non-Financial Professionals (FA16)
Duration: 5 days
This course equips non-financial professionals with the practical knowledge and confidence needed to engage effectively with financial data, reports, and strategies. Delegates will gain a comprehensive foundation in key financial concepts, enabling them to communicate with finance colleagues, interpret financial statements, manage budgets, and contribute to sound organisational planning. With real-world examples, hands-on exercises, and simplified explanations of financial terms, this programme demystifies finance and empowers participants to make more informed, responsible, and strategic decisions.
This course is specifically designed for non-financial managers, leaders, and supervisors who seek to acquire a robust understanding of financial principles to enhance their decision-making skills. It is ideal for professionals across all sectors who wish to gain insights into financial management without prior financial knowledge.
Principles of Business Finance
- Exploring the role of finance in organisational success
- Understanding the relationship between financial and operational decisions
- Identifying key financial statements and their functions
- Linking financial performance to strategic objectives
Cost and Management Accounting
- Understanding different types of costs and their behaviours
- Allocating overheads and understanding cost centres
- Applying break-even analysis for planning
- Using contribution margin and cost-volume-profit analysis
Interpreting Financial Information
- Reading and analysing income statements, balance sheets, and cash flow statements
- Recognising trends and anomalies in financial data
- Evaluating financial health using key ratios
- Calculating and interpreting key performance indicators (KPIs)
- Communicating financial insights to stakeholders
Strategic Budgeting, ESG, and Governance
- Creating and managing operational budgets
- Linking budgeting to organisational planning and performance
- Analysing budget variances and taking corrective action
- Integrating Environmental, Social, and Governance (ESG) factors into financial planning
- Understanding the role of internal controls and governance
Financial Decision-Making
- Assessing investment proposals using NPV, IRR, and Payback Period
- Understanding working capital management and funding choices
- Evaluating risk and return in strategic decisions
- Translating financial insight into strategic actions
At the end of this course, delegates will be able to:
- Interpret key financial statements to assess organisational health
- Communicate confidently using financial terminology and insights
- Apply costing principles to support operational decision-making
- Analyse financial data to identify opportunities and mitigate risks
- Develop, monitor, and evaluate budgets aligned with strategic goals
- Incorporate ESG and governance considerations into financial planning
- Assess investment options using key appraisal techniques
- Strengthen collaboration with finance professionals across the business
When do I need to pay?
Payment is required six weeks prior to the commencement of the programme. For further information, please see our Terms and Conditions or Contact us.
Can I get a discount on multiple bookings?
LMC offers a number of schemes to suit different clients, such as a discount on a group nomination or corporate membership. For more information, please contact our customer support team via email training@lmcuk.com or call +442077246007.