BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.3.1//EN BEGIN:VEVENT UID:1530@x8ti.com DTSTART;TZID=Europe/London:20260622T090000 DTEND;TZID=Europe/London:20260626T130000 DTSTAMP:20260208T124918Z URL:https://x8ti.com/event/finance-for-non-finance-managers-training-cours e-2/ SUMMARY:Finance for Non-Finance Managers Training Course DESCRIPTION:Introduction \nFinancial knowledge and skills are essential fo r any managerial position. This training course offers non-financial manag ers practical experience in understanding and analyzing financial statemen ts\, managing costs\, performing variance analysis\, making informed decis ions\, and budgeting. The course helps managers enhance their decision-mak ing abilities\, ultimately benefiting the company's bottom line.\n\nFinanc ial information provides a clear picture of past events\, a basis for fore casting future events\, and insights into cost-effectiveness and performan ce. It helps assess whether objectives and targets have been met and measu res comparative performance and profitability.\n\nThis Xcelerate Training Institute equips you with the knowledge to make powerful\, informed busine ss decisions\, covering all major principles of corporate finance\, from u nderstanding cash flow to creating corporate value.\nLearning Objectives\n By the end of this 'Finance for Non-Finance Managers Course\,' participant s will:\n\n Use financial information to manage and assess company or dep artmental operations.\n Manage and reduce costs (fixed versus variable co sts).\n Control working capital and manage inventory build-up impacts.\n Apply accounting methods\, tools\, and techniques to manage financial ris ks.\n Interpret financial statements and overcome understanding barriers. \n Gain confidence in preparing budgets and reading management informatio n.\n\nTraining Methodology\nXcelerate Training Institute customizes each t raining program to match participants' learning expectations and professio nal backgrounds. Classroom sessions include presentations by highly compet ent trainers. Participation is encouraged through group discussions\, prob lem-solving exercises\, group activities\, and projects. Participants shar e experiences\, issues\, and best practices from their organizations\, dis cussed in detail by the facilitator. The course follows the Do–Review– Learn–Apply Model.\nBenefits for Your Organization\nOrganizations will b enefit from:\n\n Effective communication using common financial language with finance professionals.\n Interpretation of the financial health and state of the company\, division\, or responsibility center.\n Understandi ng and computing widely used financial KPIs.\n Applying management accoun ting techniques for product costing\, cost-volume-profit analysis\, budget ing\, and variance analysis.\n Linking corporate and financial strategy.\ n\nBenefits for You\nParticipants will gain:\n\n Understanding of financi al management functions and their role in business operations.\n Insights into the significance of accounting choices and their impact on financial statements.\n Ability to apply capital budgeting techniques and cost-vol ume-profit analysis for better decision-making.\n Knowledge of the purpos e of the three significant financial statements: Income Statement\, Statem ent of Financial Position\, and Cash Flow Statement.\n\nTarget Audience\nT his course is ideal for:\n\n Managers (junior to top-level) needing pract ical\, hands-on experience in corporate finance principles.\n\nCourse Outl ine\nBasic Accounting Concepts\n\n The Accounting Process\n Cash vs. Mer cantile Accounting\n Accrual Concept\n Stock Valuation – FIFO vs. LIFO \n Types of Accounting\n Revenue Recognition\n Cap-ex vs. Op-ex\n Depr eciation/Amortization\n Tangible vs. Intangible vs. Capital W-I-P\n Curr ent vs. Non-current\n\nIntroduction to Financial Statements\n\n Profit &a mp\; Loss Account including OCI\n Balance Sheet and SOCIE\n Cash Flow St atement\n Notes to Accounts\n\nFinancial Statement Analysis\n\n P&\;L Statement Analysis\n Balance Sheet Analysis\n Funds Flow Analysis\n Ra tio Analysis\n Trend Analysis\n Common Size Analysis\n\nWorking Capital Management\n\n Concept of Working Capital\n Managing Inventory and Trade Receivables\n Managing Trade Payables\n Budgeting and Working Capital M anagement\n\nCapital Budgeting\n\n Capital Expenditure Evaluation\n NPV Technique\n IRR Technique\n Pay Back Method\n Risk Analysis\n\nCost Man agement and Costing Techniques\n\n Cost Concepts\n Various Costing Metho ds\n Breakeven Analysis\n Costing vs. Budgeting\n Strategic Cost Manage ment\n\nRevenue Management\n\n Revenue Recognition and Possible Revenue L eakages\n Revenue vs. Trade Receivables\n Revenue vs. Trade Payables\n Revenue vs. Foreign Exchange Management\n\nIntroduction to IFRS\n\n Intro duction to Accounting Standards\n Generally Applicable IFRS\n Discussion on Specific IFRS\n ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2024/12/78ae ec71-d7fe-4912-a903-d1974fdded92.jpg CATEGORIES:Accounting & Finance LOCATION:London Training Courses\, The Ritz London Hotel\, London\, UK\, Un ited Kingdom X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=The Ritz London Hotel\, Lon don\, UK\, United Kingdom;X-APPLE-RADIUS=100;X-TITLE=London Training Cours es:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Europe/London X-LIC-LOCATION:Europe/London BEGIN:DAYLIGHT DTSTART:20260329T020000 TZOFFSETFROM:+0000 TZOFFSETTO:+0100 TZNAME:BST END:DAYLIGHT END:VTIMEZONE END:VCALENDAR