Commercial Awareness

Finance for the Non-Financial (2 days)

“All the benefits of ‘Commercial Awareness’ and much, much more…”

Overview

This course gives you all the benefits of ‘Commercial Awareness’

and much, much more.

Also based on the ‘Insight Business Challenge’ TM * - you get

a similar hands-on team experience of running a business in  a

competitive marketplace. And by using a computer simulation

you see how your business performs.

In addition to learning how to manage a business we will also expose to you

the secrets the accountants normally keep to themselves.

Accounting jargon and mumbo jumbo gets stripped down to plain language and you’ll discover what financial reporting is all about.

* We use a different business simulation to that used in

‘Commercial Awareness’ - so delegates can attend both and

still get maximum benefit."

Delegates can be individuals who will play in mixed teams, OR you can take advantage of our substantial discounts to enter a dedicated team of 4, 5 or 6 from your company or team.

It's a great opportunity for some team bonding.

Also for those who want to understand accounts, accountants’ jargon and financial reporting from a straightforward non-financial perspective.

As a result you will be able to communicate better with finance people and influence business decisions more effectively.

How I will benefit

You will learn:

• A no-nonsense explanation of accounts and financial reports

• How profit is calculated

• Why it’s done that way

• The plain English behind financial jargon

• How to interpret business and financial data

• To develop business strategy and plan accordingly

• To make business decisions to tight deadlines

• The impact of your decisions on business performance

• How to get quick consensus in team decision-making

What does it cover? 

•  Accounts explained

  •  Why we have accounts, who uses them and why?

  • The Balance Sheet

  • Profit and Loss Account

•  What it all means

  • Demystifying financial jargon

  • Working capital and how to manage it

  • What is cash flow – and how does it work?

  • The difference between capital and revenue

  • What are accruals and depreciation?

  • All the questions you never dared ask.

• Managing the finances

  • Forecasting and budgeting

  • Analysing market, business and financial data

  • Competitor analysis

  • Making decisions: positioning, pricing, costs, quality, staffing, wages, marketing

  • Forecasting

  • Interpreting business results

  • Responding to market forces

• Working together in business

  • Teamwork

  • Consensus decision making

Act NOW (even if you don't book) and gain substantial savings!

Normally course places cost £1,000 but as an introductory offer and for a limited period only we’re offering new clients who ACT NOW the following amazing rates (to all prices quoted you will need to add VAT):