Get in touch Name * Last * Business Email * Company * Job Title * Phone * Country * CountryAfghanistanAland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBruneiBulgariaBurkina FasoBurundiCôte d'IvoireCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCook IslandsCosta RicaCroatiaCubaCuracaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEast TimorEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly SeeHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKosovoKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth KoreaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestinePanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarReunionRomaniaRussiaRwandaSaint BarthelemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth KoreaSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUnited States Minor Outlying IslandsUruguayUzbekistanVanuatuVatican CityVenezuelaVietnamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabwe I am interested in training for * myself my team Message * Checkboxes I would like to receive the latest research-based articles and training programmes from Management Centre Europe. Checkboxes By submitting this form, you consent to Management Centre Europe processing your data and contacting you to fulfill your request. For more information on how we are committed to protecting and respecting your privacy, please review our Privacy Policy. CONTACT US If you are human, leave this field blank.

Stay updated with the latest research-based articles, training programmes, and more to help you strengthen your leadership skills. Newsletter Subscription First Name * Last Name * Job Title * Company * Country * CountryAfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBosnia-HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritBritish Virgin IslandsBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChannel IslandsChileChinaChristmas IslandCocos IslandsColombiaComorosCongoCook IslandsCosta RicaCote d'IvoireCroatiaCubaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEast TimorEcuadorEgyptEl SalvadorEmail WorldEquatorial GuineaEritreaEstoniaEthiopiaFalkland IslandsFaroe IslandsFed. Rep. YougoslaviaFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuineaGuinea-BissauGuyanaHaitiHeard and McDonald IslandsHondurasHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKosovoKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacauMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMexicoMicronesiaMoldovaMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNetherlands AntillesNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth KoreaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestinePanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarReunionRomaniaRussiaRwandaSaint KittsSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSpainSri LankaSt. HelenaSt. LuciaSt. Pierre and MiquelonSt. Vincent and the GrenadiSudanSurinameSvalbard and Jan Mayan IslaSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTogoTokelauTongaTrinidad and TabagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnidentifiedUnited Arab EmiratesUnited KingdomUnited States of AmericaUruguayUzbekistanVanuatuVatican City StateVenezuelaVietnamVirgin IslandsWallis and Futuna IslandsWestern SaharaYemenZaireZambiaZimbabwe Business Email * Checkboxes * By submitting this form, you confirm that you have read and agree to our Privacy Policy. Management Centre Europe (MCE) will only use your email address for sending newsletters and won't share it with third parties. You can unsubscribe at any time by clicking the unsubscribe link in the footer of our emails. SUBSCRIBE If you are human, leave this field blank.

Training Programmes > Develop Your Skills > Leading Business >

Essentials of Business Finance: For Non-Financial Managers

Many managers are experts in their own areas, but haven’t really had the time to learn about finance they need in their role.

The Key Issues

As a manager in an international company, you now have to manage your team but also deal with financial aspects of your role. You need to manage budgets, forecasts and report on your team’s performance.

Business
finance

Understanding financial ratios

Cost analysis & profit planning

Key Competences

Reviewing financial statements

Effective
budgeting

Capital expenditure analysis

The Right Programme for You

You are a non-financial manager. You need to get a better understanding of business finance for your role. You want to understand financial reports, budgets, ratios and make better decisions using the right data.

Highlights

Learn, Practice and Use

Get a better understanding of the numbers side of your job
Learn how to “think finance” and use data to make better decisions
Develop proactive working relationships with finance professionals
Gain greater confidence with a working knowledge of business financials
Understand the business dynamics of cash - and take initiatives that meet your team's, department's or company's short and long-term goals

Take the guesswork out of your decision-making and use financial data to deliver a better bottom line
Distinguish between capital expenditure budgets and operating budgets
Understand the role of budgeting and issues that budgets can solve
Share your knowledge and challenges with your peers and MCE's highly experienced faculty

Programme Details

The Essentials of Business Finance for Non-Financial Managers is a 3 day or 4 live online sessions hands-on training programme, highly interactive with exercises and role plays. The programme focuses on the key skills you need in your day-to-day management role. This includes budgeting , forecasting, ROI analysis and understanding the company’s financial statements.

Seven Programme Modules

1 | Basic Accounting Concepts

The Importance of the Accounting Equation
The Accrual Process
The Difference Between Accounting Profit and Cash Flow

2 | Understanding Financial Statements

Understand the Purpose of and Terminology Associated with the Following Financial Statements
Income Statement or Profit and Loss Statement (P&L):
- Balance Sheet
- Statement of Retained Earnings
- Cash Flow Statement
Prepare a Set of Simple Financial Statements
Understand the Accounting Process, from the Recording of Business Transactions to the Preparation of Financial Statements
Understand How Various Business Transactions Affect the Financial Statements

3 | Reviewing an Annual Report

Various Components of an Annual Report
Importance of Notes in Evaluating Financial Statements
External Auditor’s Role and the Significance of the Opinion Letter

4 | Evaluating a Company's Financial Statements

Calculate the Key Financial Ratios Using the Financial
Statements Use Financial Ratios to Evaluate:
- An Organization’s Liquidity, Leverage and Profitability
  The Performance of an Organization as Compared to Its Competitors’
  An Organization’s Performance Compared with Budgeted Goals
Identify Sources of Financial Information Beyond the Financial Statements
Use the Dupont Formula to Evaluate Management Performance
Use the Concept of Economic Value Added (EVA(R)) and Cash Flow Return on Investment (CFROI) to Determine if a Segment of an Organization Is Adding Value to the Business

5 | Improving Profitability Through Cost Analysis and Profit Planning

Differentiate Between Fixed and Variable Costs
Help Your Organization Improve Profitability Through the Use of:
- Break-Even Analysis
- Contribution Margin Analysis
- Direct Costing in Appropriate
- Understand Traditional Cost Accounting and Its Limitations
- Understand the Relevance of Activity-Based Costing in Today’s Business Environment

6 | Capital Expenditure Analysis

Distinguish Between Capital Expenditure Budgets and Operating Budgets and Understand the Function of the Capital Budget
Understand Why Cash Has a Time Value
Recognize and Apply Different Methods of Evaluating Capital Expenditure and Monitoring Project Performance

7 | Budgeting More Effectively

Understand the Role of Budgeting and Issues That Budgets Can Solve
Understand the Budgeting Process
Identify Different Types of Budgeting Systems in Use Today
Analyze Budgets for Different Purposes
Recognize and Apply Different Methods of Evaluating and Monitoring Operating Performance

Faculty

Bettina
Hausmann

Upcoming Programmes

Choose your preferred learning solution

3 days

€2,995

SEE DATES

Date

City

Location

Information

11 Aug – 13 Aug 2025

London

Radisson Blu Hotel, London South Kensington

REGISTER

06 Oct – 08 Oct 2025

Brussels

City Centre

REGISTER

08 Dec – 10 Dec 2025

Amsterdam

City Centre

REGISTER

4 sessions

€2,150

SEE DATES

Date

Sessions

Information

06 Oct – 07 Oct 2025

4 Sessions

06 Oct, 09:00 – 12:00CET
06 Oct, 14:00 – 17:00CET
07 Oct, 09:00 – 12:00CET
07 Oct, 14:00 – 17:00CET

REGISTER

This programme is available as an In-Company solution for you teams.

Contact Us

Get in touch with the MCE team to learn more about implementing this programme for your team.

First Name

Last Name

Business Email

Company

Job Title

Phone

Country

I am interested in training for

myself

my team

Request

Checkboxes

I would like to receive the latest research-based articles and training programmes from Management Centre Europe.

Checkboxes

By submitting this form, you consent to Management Centre Europe processing your data and contacting you to fulfill your request. For more information on how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

Captcha

If you are human, leave this field blank.

Date

City

Location

Information

11 Aug – 13 Aug 2025

London

Radisson Blu Hotel, London South Kensington

REGISTER

06 Oct – 08 Oct 2025

Brussels

City Centre

REGISTER

08 Dec – 10 Dec 2025

Amsterdam

City Centre

REGISTER

Date

Sessions

Information

06 Oct – 07 Oct 2025

4 Sessions

06 Oct, 09:00 – 12:00CET
06 Oct, 14:00 – 17:00CET
07 Oct, 09:00 – 12:00CET
07 Oct, 14:00 – 17:00CET

REGISTER

Contact Us

Get in touch with the MCE team to learn more about implementing this programme for your team.

First Name

Last Name

Business Email

Company

Job Title

Phone

Country

I am interested in training for

myself

my team

Request

Checkboxes

I would like to receive the latest research-based articles and training programmes from Management Centre Europe.

Checkboxes

Captcha

If you are human, leave this field blank.

Testimonials

"“It is a perfect possibility to connect with people from different industries, who are dealing with the same issues.”

Agata Kulik, Product Manager Special Salts, Jungbunzlauer Ladenburg GmbH, Germany”

Testimonials

"“It is a perfect possibility to connect with people from different industries, who are dealing with the same issues.”

Agata Kulik, Product Manager Special Salts, Jungbunzlauer Ladenburg GmbH, Germany”

Develop Your Skills

Your Seniority

Your Industry

MCE Near You

Discover More

Special Editions

customized learning solutions

MCE CLIENT STORIES

other corporate services

Develop Your Skills

Your Seniority

Your Industry

MCE Near You

Discover More

Special Editions

customized learning solutions

MCE CLIENT STORIES

other corporate services

Essentials of Business Finance: For Non-Financial Managers

The Key Issues

Business finance

Understanding financial ratios

Cost analysis & profit planning

Key Competences​

Reviewing financial statements

Effective budgeting

Capital expenditure analysis

The Right Programme for You

Highlights

Learn, Practice and Use

Programme Details

Seven Programme Modules

Faculty

BettinaHausmann

BettinaHausmann

BettinaHausmann

BettinaHausmann

BettinaHausmann

Upcoming Programmes

Contact Us

Contact Us

Testimonials

"“It is a perfect possibility to connect with people from different industries, who are dealing with the same issues.”

Testimonials

"“It is a perfect possibility to connect with people from different industries, who are dealing with the same issues.”

Other MCE Recommended Programmes

The MCE Team is ready to answer your questions

GET IN TOUCH

SUBSCRIBE TO MCE NEWS

follow us

Business
finance

Key Competences

Effective
budgeting

Bettina
Hausmann

Bettina
Hausmann

Bettina
Hausmann

Bettina
Hausmann

Bettina
Hausmann

The MCE Team is ready to
answer your questions