Training

Finance Training for Non-Financial People

Redefining Financial Solutions designs finance training programs for non-financially trained managers. The interactive workshops cover the financial concepts in a fun but professional way, and will be adapted to meet the specific needs of the business.
The pre-preparation stage involves working closely with the client to determine the best approach and methods to meet their unique business requirements.
We deliver practical and interactive workshops enabling people to improve their financial awareness and knowledge and as a result make better informed business decisions.
Each client will receive a half to one day follow up session as part of the training package to review the key course learnings and to provide any further development.

Click here to test yourself with RFS Interactive Training Exercises

“The Fundamentals of Finance”

Course Description

One day workshop providing managers with awareness and basic understanding of the way finance affects their business, and the role it plays in the planning and decision making processes.

The course is ideally suited for people who need to develop their financial skills further and are interested to learn more about the financial performance of their own business as well as their customers and competitors. This results in people being better able to contribute to the financial success of their company through improved communication and understanding of the financial issues.

The content of the workshops will be specifically tailored to the needs of the organisation and the participant material supplied will act as a future reference tool.

Groups will be limited to a maximum of 10 delegates to ensure a greater degree of individual attention.

Course Content

The workshops will cover:
· Basic Principles and Language of Finance
· Understanding Financial Statements and Reports
· Interpretation of Financial Statements through Ratio Analysis
· Costs and Cost Classification
· Finance for Decision Making
· Capital Budgeting
· Budgetary Planning and Control

Key Learning Outcomes
· Understand finance terminology and concepts
· Interpret financial reports
· Understand the role of finance in planning and decision making

Application of Workshop Learnings
· Generating extra business for your organisation by understanding the financial position of your customers and competitors.
· Increase your contribution to the business by understanding how the financial issues affect your organisation.
· Being able to read and interpret the numbers.
· Improved communication with the finance department.

Costs
We provide training seminars at a cost affordable to all. Please contact us for further details.

One day workshop designed to provide a comprehensive understanding of the financial issues and techniques involved in business decision making, and guidance on how to use financial information and analysis to make more informed business decisions.

The course is suited for people, at all levels, who are involved in the decision making process within their organisations, and want to improve their ability to understand, influence, and make decisions based upon financial information and analysis. This facilitates a more effective cross functional team working environment throughout the organisation by providing a common level of understanding and communication of the financial issues involved.

The content of the workshops will be specifically tailored to the needs of the organisation and the participant material supplied will act as a future reference tool.

Groups will be limited to a maximum of 10 delegates to ensure a greater degree of individual attention.

A basic level of financial awareness is recommended as a pre-requisite for this course.

Course Content

The workshops will cover:
· Understanding Financial Statements and Reports
· Interpretation of Financial Statements Through Ratio Analysis
· Costs and Cost Classification
· Marginal Costing
· Break Even Analysis
· Cost – Volume – Profit Analysis
· Promotional Investment Decisions
· Capital Budgeting
· Incremental Business Opportunities

Key Outcomes
· Understand the financial decision making tools and techniques
· Interpret financial proposals and evaluations
· Understand the financial management performance measures
· Improved financial and business decision making capability
· Understand the financial consequences of making decisions

Application of Workshop Learnings
· Increasing your effectiveness and performance in the business decision making process
· Adding to the overall success of your company by making more informed financial and business decisions
· Improved reading and interpretation of financial proposals and evaluations
· Applying the fundamental financial management tools and techniques for business scenario planning
· More effective communication and team working with the finance department

Cost
We provide training seminars at a cost affordable to all. Please contact us for further details.

Click here to test yourself with RFS Interactive Training Exercises