Skip to main content

Finance for Non Financial Managers (part of LBA)

This session is part of the Cardiff LBA (Leadership in Business Administration). You can choose to book this session only, or attend the whole programme (at a cost benefit).

The session focuses on finance for non-finance managers.

About the Cardiff LBA

Please note: during the ongoing pandemic, this course will be delivered online, via zoom. If the situation changes later in the year, we may be able to revert to face to face teaching.

The programme is designed to fit around your work and home commitments as it is delivered in one-day sessions across 12 months. You'll find that the sessions are very practical and enjoyable - you'll be able to take ideas back to your organisation and apply them straight away.

You can choose to study just individual sessions or attend the full Cardiff LBA. However, all the topics have been selected in order to give you the broad spectrum of expertise needed to hold senior leadership positions. Find out more about the full LBA programme.

Your trainer will be Richard Baylis.

Enrol on this course

Start date Days and times
13 October 2021 09:30 - 16:30 Online via Zoom
Fee
£250

Who it’s for

This programme has been designed to meet the needs of experienced middle managers looking for ways to develop their understanding and knowledge of business to further their career.

The Cardiff LBA programme is suitable for those who wish to learn in short sessions, held once a month over a year - and who do not require accreditation or assessment.

What you’ll learn

This session focuses on finance for non-finance managers and will enhance your understanding of areas such as:

  • how to interpret accounts, profit and loss statements, balance sheets and financial ratios
  • control of working capital, stock, creditors, debtors and cash
  • budget forecasting and control
  • cost accounting and control.

There will be multiple opportunities for you to appreciate how the concepts relate to and/or affects your work. Many examples will be provided from a range of different sectors, in order to illustrate key learning points. After the session you will be able to practically apply your learning straight away.

Active participation in the programme is required from participants and the completion of project work is essential.

Topics covered

  • What is accounting?
  • Financial reporting
  • Management accounting
  • Revenue (or income): usually earned from selling goods and services
  • Expenditure: wages and salaries, utility costs, materials
  • Profit vs cash
  • Income statements
  • Balance sheets
  • Interpreting accounts
  • Ratio analysis
  • Financial performance – ratios to assess profitability
  • Liquidity
  • Working capital and efficiency
  • Budget forecasting and control
  • Variances.

Benefits

  • Cardiff Business School is 6th in the UK for research excellence - the Cardiff LBA gives you the opportunity to meet and work with our excellent academic faculty, on a range of different topics, and in an enjoyable and thought-provoking way.
  • Whether you've already got the learning bug, or it's been a while since you've been to University (or even if you've never studied before) you'll find that working with Cardiff Business School will ignite a passion for new ideas and new thinking.
  • This is a very flexible programme, designed to fit in around existing work and home commitments. Choose to attend all sessions or just the ones that most interest you.
  • Teaching will be wholly applicable to the workplace, so that, following a session, you will be able to begin practically applying your learning straight away.
  • Conversations within the programme are connected to real-world problems that participants are currently facing within the workplace, and those that you will likely face in the future.
  • Teaching examples are provided from a range of different sectors, in order to illustrate key learning points.
  • A Certificate of Attendance for Executive Education at Cardiff Business School will be awarded subject to the completion of all of the education elements of the programme.
Short sessions on key business topics, designed to support the career development of middle managers. Available as a bespoke course.