APMG Finance for Non-Financial Managers certification - eLearning

APMG Finance for Non-Financial Managers  certification - eLearning

COURSE OVERVIEW

All managers need to understand finance if they are to play an active role in helping the organization achieve its goals. However, not all managers need the same skills and understanding as specialized financial managers. A good knowledge of the key concepts of prudent financial management and modern financial accounting should give all managers the knowledge they need.

The 'Finance for Non-Financials' course will enable candidates to use the financial information to make better short-term or long-term decisions in managing their business and to use their new financial knowledge to make more effective decisions. This certification will attest to your ability to play a more active role in helping your organization achieve its goals, to understand financial management and accounting processes, and to understand and communicate better with financial specialists.

The 'Economics for Non-Economists' course provides the necessary financial knowledge and the business acumen needed in the modern business world.

The Finance for Non-Financial Managers e-learning course is the only e-learning package accredited by APMG and has been used to train over 100,000 people worldwide. The fastest and most effective way to train non-financial managers in all aspects of basic corporate finance and its practical application.

This accredited course contains 20 hours of learning spread over 10 sessions that include an introduction to the basic financial concepts and teach you how to read basic financial statements. The course then goes on to teach you how your business decisions affect the financial health of your organization. Proven topics and relevant interactive exercises help you understand the financial concepts that all managers need.

Key Features

• Course and material are in English
• Beginner friendly
• 12 months of online access to our accredited Economics for Non-Economists course.
• 10 lessons
• 20 hours total video content
• 20 hours recommended study time
• 1 Official exam simulation included
• APMG Finance for non-finance managers certification of completion
• Exam Not included 

Objectives of the course

Improve your skills and your overall performance as a manager.

Certification of your ability to:

• To play a more active role in helping the organization achieve its goals.
• Understand financial management and accounting processes.
• Understand and communicate better with financial specialists.

Participants will

• Understand how business decisions affect organizations' finances and key performance indicators.
• Be confident in financial discussions - become fluent in financial language and understand terminology and concepts.
• Understand the drivers of the income statement and the interrelationship between the financial statements.
• Be able to distinguish between profit and cash flow.
• Develop superior cost management skills and understand how to conduct effective investment appraisals.
• Understand the implications for planning and reporting in a listed company.

Target Audience

Any manager seeking an understanding of finance and how to enable an organization to realize its objectives. In particular:

• Project managers
• IT and service support managers
• Managers at any level
• Sales executives/consultants
• Business Owner
• Students

Course Content

Introduction to financial statements

• Importance of financial measures.
• Financial accounting and management accounting.
• The four types of accounts.
• Three financial statements.

Profit and Loss Account

• The profit and loss account.
• Elements of the profit and loss account.
• Costs in the profit and loss account.
• Your own figures.

Balance Sheet

• Definition.
• Sources and use of figures.
• Format of the balance sheet.
• Inter-relationship with the profit and loss account.
• Examples of formats.
• Your own figures.

Cash Flow

• Profit and Cash.
• Elements of Cash Flow.
• Managing Cash and Loans.
• Practical Applications of Cash Flow.

Costing Decisions

• Introduction.
• Variable and Fixed Costs.
• Cost Structure and Methods.
• Break-even.
• Product Costing.
• Your own figures.

Introduction to Financial Analysis

• What is financial analysis.
• Financial analysis in practice.

Investment Appraisal

• Cash Flow and Relevant Costs
• Pay Back.
• Present Value and Discounting.
• Discounted Cash Flow.
• Sensitivity Analysis.
• Case study.

Profit Margin

• Profit Margin Ratio.
• Comparison by Industry.
• Supermarkets.
• Aircraft Manufacturing Industry.
• Profit Margin Flowcharts.
• Your own figures.

Asset Turnover

• Concept of Asset Turnover.
• Asset Turnover Flowchart.
• Working Capital Ratios.
• Fixed Asset Turnover.
• Analysis by Industry – Supermarket.
• Analysis by Industry – Aircraft Manufacturing.
• Your own figures.

Return on Capital Employed

• What is Return on Capital Employed?
• Elements of ROCE.
• Comparison of ROCE.
• Financial Analysis with ROCE.
• Your own figures.

Mock Exam Simulator

• Allows you to assess your own capability prior to taking the formal examination.