Finance for non-financial managers

Training Overview


This course aims to allow us to deal with finance. The focus is on interpreting the accounts rather than doing them. It focuses on the management information contained within these financial statements as well as ways of extracting information to help decision making in an organisation.

Training Benefits


Participants will:


  • Be able to understand the three main financial statements, and how they relate to each other.

  • Assess the financial health of a business from month to month by extracting meaningful information.

  • Create budgets for the next month/year.

  • Manage and control budgets.

Training Outline


What are the main financial statements, and how do I use them to assess the health of a business.

  • The profit and loss account (or income statement) We look at its structure, content, and language

  • The balance sheet.  Structure, content, language, and how it is related to the Profit and Loss account

  • The cash flow statement, and how it is related to the P&L and the balance sheet.

  • The differences between profit and cash.

  • The importance of good cash flow and how to achieve it.

  • Ratios analysis and what it tells us about profitability, efficiency and liquidity

  • accruals, prepayments and deferred income.

  • buying and selling on credit – how does it affect the statements?

  • budgeting. How to create a budget

  • Managing a budget

  • Variance analysis, action planning, and forecasting


Ideal Attendees


This course is suitable for managers, professionals and staff at all levels who need to deal with financial colleagues or interpret the meaning of finances.




Training date / Location

2 days (October/November 2015) / Vienna, Austria

2 days (October/November 2015) / Bratislava, Slovakia


Training time

9:00 AM - 16:30 PM


Price (for 2 days)


Per person: € 1200.00

Group rate of 5 people: € 5500.00

If you have a bigger group than 5 please contact us and we will be happy to offer you another package.

Early bird registration (one month ahead) get %10 off


Program Language




A certificate attendance with the details of the Training will be issued to all participants who successfully complete the training.



The content of sessions are modified according to the level of the attendees.