Dublin
01 524 1338
Cork
021 242 9691

Understanding Business Finance Workshop

Got a Question? Ask anything, we'll reply instantly. Ask now

How can we help?

Thanks for getting in touch.

All of our team are currently busy with customers, so please leave your email address and we will get back to you within 10 minutes.

We promise :)

All courses

Onsite Training?

We can come to you - wherever you are with work- shops and training sessions tailored to your specific needs.

Find out more

Trusted by ...

This course is aimed at non financial managers and others in positions where an understanding of finance will help them to be more effective in their main role. It is designed to demystify financial jargon and introduce the key financial statements, how to interpret them and how to use them to obtain essential business information. The course then moves to areas which are most likely to be used frequently by delegates: How to work out cost and profit, how to plan and measure budgets, how to establish true costs to maximise profit, and finally options for price setting in order to achieve company objectives.

DCM can develop customised solutions or deliver off-the-shelf courses in-house for your team. This approach makes perfect sense for groups of 4+ delegates, enhancing cost effectiveness as well as team bonding.

Get Answers to Your Questions in the Understanding Business Finance Course Brochure. The brochure contains: Course Format; Trainer Profiles; Testimonials from Attendee's; Course Syllabus; Full 2018 Timetable & Course Fee.

Get the Business Finance Brochure & 2018 Timetable Instantly

What's Inside the Brochure?
  • Full course outline
  • Training Centres (5 Locations)
  • Fee and 2018 Timetable
Download Now

Who should attend this course?

This course is suitable for managers who want to gain a clear understanding of the fundamentals of business finance and the financial implications of the decisions they make.

What will you learn on the course?


  • Understand how your day-to-day decisions impact profit and cashflow.

  • Demystify the rules of capital expenditure vs operational expenditure helping you to justify investments to your senior managers and finance team

  • Review financial information relating to - your business (helping you to set targets for improvement); your subsidiaries (helping you to manage and set targets for your team); existing customers (are they still viable?) and potential customers (are they a credit risk?); competitors (what can we learn from benchmarking their results?)

  • Manage the budgeting process to - ensure business strategy is implemented; negotiate funding for improvement or efficiency initiatives; win in the negotiation over funds allocated to your budget, ensuring it’s achievable; manage financial performance, understanding variances and taking action to achieve your budget and objectives

  • Simply assess the viability of entering new markets or developing new products

What is covered on this course?


  • The Nature and Purpose of Accounting

    A simple model of an organisation’s accounting framework; Who uses the accounts and what do they use them for?; Where can I find out about my organisation’s/my competitors’ financial position

  • Profit and Loss Accounts, Balance Sheets and Cash Flow Statements

    Their structure and terminology, what they tell us and why they need to be reviewed together to gain a full understanding of business performance; Using financial information as a management tool; Understanding how operational income and costs are accounted for and the implications for how you manage costs in your department

  • Managing Finance

    Understanding working capital : What it is? How can we manage it?; Why too much working capital is bad for you and too little may be disastrous; Optimising working capital for your organisation and the implications for negotiating with customers and suppliers; The distinction between profit and cash flow; Considering sources of funding

  • Understanding Management Accounting Including Budgeting

    Putting together a robust budget; Negotiating budget funding; Assessing variances and reforecasting the budget; Evaluating feasibility of operational projects via break-even analysis; The effects of depreciation

How does it Work?

Onsite Training is when we come to you to provide training on your premises or at a location of your choice. Not only will we run the course at a time and venue that suits you, we will also develop a unique programme particular to the developmental, cultural and business requirements of your company.

What's Involved?


Step 1 | After initial discussions, you meet with our training specialist. Here you both work together to design and sculpt a more comprehensive programme outline.

Step 2 | From this outline, a course is designed which addresses your exact needs. Sometimes this involves a completely new course designed from scratch, this depends on your needs.

Step 3 | Once you're happy with everything, the trainer will deliver the course at a venue of your choice on a date that suits.

Step 4 | Once complete, feedback will be gathered from delegates to ascertain the ‘true’ impact. And finally a report will be compiled for you outlining outcomes alongside your stated objectives.

Get a tailored training quote for your Finance Fundamentals Training today Click Here

Excel for Finance Teams

Excel for Finance Teams

Accountants and Finance team members generally use a great deal of Excel on a daily basis. The course is designed to include new tools and techniques using Excel 2013. We’ll explore useful formulas, s...

Excel for Finance Teams
Finance for Managers & Directors

Finance for Managers & Directors

As a director, whether executive or non-executive, you have responsibilities beyond the norm. Your financial role extends beyond management to financial strategy, corporate governance, group structure...

Finance for Managers & Directors
Finance Training for Sales

Finance Training for Sales

If you are in Sales, Marketing or Sales Support, you already appreciate that without sales there is no business but do you understand if the sales are profitable, break even or actually at a loss? Whe...

Finance Training for Sales
Finance Fundamentals

Finance Fundamentals

Financial skills and knowledge are vital for all managers in all organisations. A more challenging business and economic climate and an increase in financial delegation are making this even more so. M...

Finance Fundamentals
Credit Control

Credit Control

This course has been designed to balance good customer service with good credit control. The course focuses on good communications and negotiation skills while dealing with the common problem of overd...

Credit Control
Data Protection for Finance Teams

Data Protection for Finance Teams

This one-day introductory-level programme is designed for finance teams who handle information about clients or the general public – and who need a basic understanding of data protection rights and re...

Data Protection for Finance Teams
How to Read Financial Statements

How to Read Financial Statements

To many nonfinancial managers, the world of financial terminology and statements is often unclear ... confusing ... even downright frustrating. But, the truth is, buried within those numbers are often...

How to Read Financial Statements
Presenting Financial Information

Presenting Financial Information

Too many financial presentations are filled with spreadsheets and complex graphs from Excel. This confuses executives, which leads to delayed decisions and lost opportunities. This focused, one-day wo...

Presenting Financial Information
Location Date Max Attendee Registered
(so far)
Booking
Dublin | Training Centre 24/25 March 2016 14 14 Fully Booked
Dublin | Training Centre 16/17 June 2016 14 14 Fully Booked
Dublin | Training Centre 5/6 October 2016 14 14 Fully Booked

Get the Full Course Brochure & 2018 Timetable Instantly

Get Your Brochure Now

Get the Non Finance Brochure Instantly

What's Inside the Brochure?
  • Full course outline
  • Career opportunities and trends
  • Fee's and 2018 Timetable

Download

Scrummaster Onsite Training Guide

  • Full details of the course

  • Case studies companies we've worked with

  • Our onsite trainer profiles

Download Now

Download the 2014 Finance for Non Finance Course schedule instantly

  • Nationwide locations and venues for 2014

  • Areas include | Dublin, Cork, Galway, Limerick, Meath and many other counties

  • Onsite training is also an option

Download Now

Ask Anything? Get an Answer Instantly!




Get Answers

on the Course Today and Our Team will Call You to Confirm Your Place

Understanding Business Finance

How can we help?

Thanks for getting in touch.

All of our team are currently busy with customers, so please leave your email address and we will get back to you within 10 minutes.

We promise :)