Finance Course for Managers

Finance Course for Managers

Finance short courses in Sydney, open to everyone.

Develop your understanding of the functions of finance with our Finance courses in Sydney.

Learn Finance with our Finance courses in Sydney - short courses open to everyone.

This finance course for managers will equip you with a core set of financial skills to assist you in any organisation. In this finance course you will learn key financial terminology, an understanding of accounting and financial transactions and develop your ability to read and interpret financial statements. In particular in this finance course you will look at Profit & Loss Statements, Balance Sheets and Cash Flow Statements. Forecasting and budgeting principles will be explained in this finance course as you are guided through practical accounting and finance exercises. This finance training will build your overall financial acumen enabling you to make more informed and astute financial decisions. Moreover you will be better placed to take corrective action when unfavourable exceptions and variances arise.

For those looking for a concentrated course on Forecasting and Budgeting, you may be interested in our Forecasting and Budgeting Course.

Learning Outcomes

At the completion of this finance course for managers you will:

  1. Understand the tools needed for guiding an organisation financially.
  2. Know how to make financial decisions by accurately interpreting financial data and financial reports.
  3. Use financial ratios and variance analysis for guiding an organisation forward.
  4. Construct alternative financial scenarios to assist with your decision-making.
  5. Recognise the importance of, and gain the skills necessary to produce realistic forecasts and budgets.
  6. Understand the importance of cash flow in management decision-making.
  7. Read and analyse a set of company accounts.
  8. Make business decisions by analysing financial information.

Course Content

This finance course for managers will cover the following content:

Fundamentals of Accounting

  • The Accounting Equation.
  • The accounting flow.
  • Accounts and the General Ledger.
  • Debit and Credits.
  • Accrual Accounting Vs Cash Based Accounting.
  • Capital Expenditure.
  • Difference between depreciation and amortisation.
  • Statutory reporting.

Measuring and Reporting Financial Position

Assets, Liabilities, Equity – Measuring and Reporting Financial Performance

  • How the Profit & Loss (P&L) statement is used to calculate profit, EBIT, EBITDA.

Measuring and Reporting Cash Flows

  • Calculating the level of liquidity of a firm over a nominated trading period.

Analysis and Interpretation of Financial Statements

  • Determining the well-being of an organisation.
  • Financial decision-making.

Calculating financial ratios

  • Profitability ratios.
  • Liquidity ratios.
  • Solvency ratios.

Determining the best financial ratios to use in your business decision-making

  • Financial risk appetite.
  • Margin analysis.
  • Return on Equity.
  • Current versus acid ratio.

The more commonly used forecasting techniques

  • Historical forecasting.
  • Forecasting based on market conditions.
  • The Delphi Method.
  • Setting budgets.

How to set a budget for a cost centre, profit centre, department and an organisation overall

  • Distinction between Profit Centre and Cost Centre.
  • Working in teams to achieve profit and cost centre budgets.

Analysis of variances and taking corrective action

  • Calculating variances.
  • Interpreting variances.
  • Using variance analysis to assist in achieving budget.

Intended Audience

This finance course for managers is suitable for aspiring managers, organisational leaders and executives who do not have a background in accounting and financial management. This finance training has been designed for non financial managers who are looking to better understand their organisation’s financial statements and structures. This financial training course will improve your financial decision-making and will help you achieve stronger financial results.

Delivery Style

This finance course will be delivered as an interactive workshop consisting of an instructor-led lecture, group and individual activities including case studies and real world examples. This training approach allows participants to work through concepts introduced by the instructor in an application-focused teaching environment. Participants will challenge their understanding of the concepts and consider their application once back in their individual workplace.

Course Prerequisites

This finance course has no prerequisites and is open to all members of the public.

About your instructor

John Scott

John Scott

John Scott applies the latest advanced practices in the fields of business, leadership, organisational psychology, analytics and engineering to educational delivery. He has been involved in management and training for more than 30 years. He has held senior corporate and general management positions for multinationals across a range of industries, both in Australia and overseas.

As a global management consultant, John captures the most recent thinking and practices in the short courses he teaches at the University of Newcastle. John is multi-disciplinary, being degree qualified in business, psychology and statistics. He is also an accredited lean engineering practitioner. He has spent the last 15 years designing courses for a range of leading Australian universities, as well as one of the world’s largest private universities. With this background John brings to the University of Newcastle the most up to date short courses that will help equip today’s professional in global leading practices.


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Training for groups of employees

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Employer Sponsorship

Employer sponsorship

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Finance Courses

CourseNext Available
Finance Course for ManagersTue 22 Oct 2019
Forecasting and Budgeting CourseWed 6 Nov 2019

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Course Features

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The University of Newcastle, Sydney Campus is a leading provider of short courses in Australia, with industry qualified and experienced educators that bring up-to-date real-world skills directly to the classroom.