Finance for Non-Finance Managers

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The Programme

Finance for Non-Finance Managers within the Public Sector is a two day online course that is intended to provide an overview of the main aspects of finance confronting an increasing number of individuals in public service organisations.  Devolved financial management responsibilities have led to a redefinition of many roles and the establishment of many budget holders.  This has led to an increased need for people with an understanding of financial reporting, management accounting and control and audit.  This is a Specialist-led online course which is aimed at providing an overview of these areas of finance.

Learning Outcomes

On completion of the Finance for Non Finance Managers Course, participants will have:

• an awareness of the role of the finance function in the organisation
• an understanding of financial reporting practices and techniques
• an understanding of the principles and concepts of costing and budget preparation
• an understanding of budgetary control and how to interpret a budgetary control report
• an overview of control and audit issues and the roles of external, internal and value for money audit

Course Content

The Finance for Non Finance Managers will cover the following areas:

• Financial Management roles and responsibilities
• Financial Reporting – concepts, principles plus the cash and accruals basis of preparation
• Interpreting the Financial Statements and evaluating the entities performance
• Costing & Budget Preparation
• Budgetary Control – comparing actual expenditure to budgets
• Appraising Capital Investment
• Audit and Control

Course Leader

This course will  be delivered by Finance Specialist, Majella Malone.