Understanding Key Financial Statements and Concepts

Non-financial managers need to understand the impact of key business decisions on the financial results of the organisation. It is critical that you grasp the language of finance and the financial information you are presented with. This knowledge will improve your confidence during important financial discussions.

Take a look at all business skills topics

It's more than just a course.

This is a learning journey.

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Excite

On-demand digital learning playlist

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Engage

Live session delivered virtually or in-person

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Embed

Supporting on-demand digital learning playlists | 30-minute follow up coaching session (optional extra for teams)

Learning Journey

For our learning journeys we use our proven excite, engage, embed method to ensure the learning experience is engaging and the learning is sustained. The full details of the programme are shown below.

Course Code: OV-KFS

  • half-day live session delivered virtually or in-person | 6-8 hrs on-demand learning | 30-minute coaching session (optional extra for teams)

  • This is available for individuals, groups and teams

  • Part of our Extended Offering

This course looks at the key knowledge needed to read and understand the Financial Statements and how this links to everyday operations in your organisation. It covers the purpose and structure of the Income Statement and the Statement of Financial Position, as well as the terminology and jargon associated with them, before looking at the ratios that can be performed on them.

This course is a good starting point suitable for non-financial managers or anyone moving into management who needs to understand financial information they are being presented with and understand the language of finance so that a better understanding of the impact of key business decisions on the financial results can be gained.

By the end of this course you will be able to:

  • Read Income Statements and Statements of Financial Position and link to business decisions
  • Understand the terminology used on financial statements for more meaningful conversations
  • Demystify the rules of capital expenditure vs operational expenditure in order to understand the decisions made by the business and the impact on results
  • Identify the key components in the working capital cycle and how it can be optimised in the business to reduce risk and improve cash flow
  • Perform key financial ratios to understand how the business is performing
  • Perform cost appraisal calculations to justify investment and support business cases
  • Explain the importance of depreciation and its impact on performance

 

For groups & teams

Live session delivered virtually or in-person. Up to 15 people per programme.

From £3000 (+VAT)

Bring in-house

For individuals

Upcoming dates (select date for price info)

£ 625.00 (+ VAT)

Reserve your place

Bitesize Sessions

Available for delivery to groups and teams, our bite-size learning sessions are short bursts of knowledge covering the what, why, and how of a topic, and delivered at pace. Expert-led sessions can be delivered virtually, face-to-face, or you can choose a combination, and they can be run either standalone or up to three sessions in a day.

Understanding Key Financial Statements

Understanding Key Financial Statements

Course Code: VILT-FIN

  • 90-minute live session delivered virtually or in-person (Perfect for use as part of a blended learning programme)

  • This is available for groups and teams

  • Part of our Extended Offering

This 90-minute session looks at the key knowledge needed to read and understand the Financial Statements and how this links to everyday operations in your organisation. It covers the purpose and structure of the Income Statement and the Statement of Financial Position, as well the terminology and jargon associated with them, before looking at the ratios that can be performed on them.

 

This short session is a good starting point suitable for non-financial managers or anyone moving into management who needs to understand financial information they are being presented with and understand the language of finance.

By the end of this session, you will be able to: 

  • Read Income Statements and Statements of Financial Position and link to business decisions. 
  • Understand the terminology used on financial statements for more meaningful conversations
  • Perform key financial ratios to understand how the business is performing
Enquire now

Expanding Your Financial Accounting Knowledge

Expanding Your Financial Accounting Knowledge

Course Code: VILT-EFAK

  • 90-minute live session delivered virtually or in-person (Perfect for use as part of a blended learning programme)

  • This is available for groups and teams

  • Part of our Extended Offering

This 90-minute virtual session looks at key aspects of financial accounting and the impact of decisions on business results. It covers the difference between capital expenditure and operating expenditure, how to perform cost appraisals, the calculation of depreciation and the importance of working capital. Through the knowledge gained on this session, you will improve your confidence during important financial discussions.

 

This short session is a good follow on from the first in the series of ‘Finance for Non-Financial Managers‘ espressos. Otherwise, a good base knowledge of the financial statements, their structure and terminology are required for attendance on this session. It is suitable for managers who need a better understanding of the impact of key business decisions on the financial results.

By the end of this session, you will be able to: 

  • Demystify the rules of capital expenditure vs operational expenditure in order to understand the decisions made by the business and the impact on results. 
  • Perform cost appraisal calculations to justify investment and support business cases. 
  • Explain the importance of depreciation and its impact on performance.
  • Identify the key components in the working capital cycle and how it can be optimised in the business to reduce risk and improve cash flow.
Enquire now

Build a customised programme

Use our building blocks approach to create a customised programme to suit your specific needs and context, at the pace you need. 
Talk to us about what you want to achieve.

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Step 1

Choose the core blocks you want (from our content library)

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Step 2

Consider what blocks you want to customise (to make it your own)

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Step 3

Review any additional technology and support services we can help you with (to bring the truly bring the learning experience to life)

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Step 4

We’ll create the optimum journey for your learners

Want to co-create?

Let's talk

The building blocks menu of options

To help achieve the pace and agility you need, we encourage you to make use of what we already have (our core library) and make it your own. There’s no need to ‘recreate the wheel’ - build from what we have ‘ready to go’ and then customise what you need to.

Choose from across our range of 100+ core topic areas.

Online self-study:
  • Fluidbooks
  • Infographics (standard and HTML)
  • Thrive in Five
  • Videos/animations
  • Quizzes & assessments
  • Podcasts
  • Digital flip cards
  • HTML microsites
  • Digital adventures
  • Applying what you have learned - action learning prompts/exercises
  • All assets under a topic/collection
Live expert-led:
  • Pre-built team experience (learning journey)
  • Live workshops - virtual or in-person training (1 x half-day live session in a day; 2 x half-day live session in a day)
  • Bitesize (1 x 90-min bite-size session in a day; 2 x 90-min bite-size session in a day; 3 x 90-min bite-size session in a day)
  • Run-it-yourself
  • Coaching – per hour (Follow-up; Learning programme; Transitioning together; Team effectiveness; Career coaching; Leadership & executive; Skills performance coaching)
  • Group facilitation sessions (1 x 3hr in a day; 2 x 3hr in a day
  • Leadership lab session (1 x 3hr in a day; 2 x 3hr in a day)
  • Virtual delivery platform licence
Personalisation for live events:
  • Add your logo
  • Tailored
  • Branded
  • Fully customised
Bespoke content creation:
  • Fluidbooks
  • Infographics (standard and HTML)
  • Thrive in Five
  • Videos/animations
  • Quizzes & assessments
  • Podcasts with bespoke or your content
  • Digital flip cards
  • HTML microsites
  • Digital adventures
  • Digital badges/certificates
  • Live expert-led bite-size or workshop session
Bespoke printed communication/learning assets:
  • Handouts
  • Z-cards
  • Zappar AR for Z-card
  • Action learning prompts/exercises
  • Bespoke Hub annual subscription fee (per user)
  • Hub implementation
  • Subscription (open) hub
  • Booker portal
  • Delivery – Virtual or in-person facilitator; virtual producer
  • Faculty management
  • Delegate management
  • Instructional design
  • Specialist instructional design
  • Learning journey curation
  • Logistics support
  • Project management
  • Customer success management
  • Branding & creative communication
  • Graphic design
  • Translations services
  • Proofing/QA
  • Data insights & engagement
  • Consultancy
  • Supplier management
  • Managed Learning Services
The building blocks menu of options

Our approach

Successful learning programmes don’t just happen by accident: Our 4E learning journey model ensures maximum transformational power (and it’s informed by decades of adult learning best practices and proven real-life hybrid learning effectiveness).

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