Key Dates
The course is
available on the following dates:
Session 1: 25th June from 9.00 - 12.30
Session 2: 26th June from 9.00 - 12.30
Total cost £325.00
+ VAT @ 20% per person
Entry Requirements
Ideal for aspiring hospitality leaders of the future at HOD level wishing to get a good overview of the business accounting basics. This course will enable you to:
Think, talk and act more commercially aware within the workplaceUnderstand and interpret financial reportsCalculate and analyse key financial figuresDevelop action plans based on financial performance
Organisations Involved
The course will be hosted by Debra Adams, owner at arena4finance.
Debra Adams is the founder of the business, a leading practitioner in developing courses for improving financial know how and commercial acumen in the service sectors. She is the author of the highly acclaimed textbook 'Strategic Management Accounting for the Hospitality, Tourism and Leisure Industries' now available here in 2nd edition. The third edition is to be published by Goodfellow Publishing in 2024.
What our clients say:
Debra Adams is simply amazing at helping non-financial managers to not only understand, but actively engage with, the commercial and financial aspects of their operation. She has a wealth of in-depth knowledge of both operational and strategic finance, specifically in the hospitality industry where margins are tight and cash flow imperative. Knowing the content is one thing, but knowing how to teach others is what Debra excels at, with her years of experiences as a professional lecturer, trainer, coach and teacher.
For over 10 years, she has been my go-to person for training any group of managers at all levels to explore and understand the financial story of their business. She is an invaluable member of our delivery team for the Award-winning Master Innholders Aspiring Leaders Diploma and the MIDAS series.
Dr Hilary Cooke, Founder at Merlin Business Consultancy Ltd
Session Details
'Finance for Non-Financial Managers’ is a highly interactive course that is delivered through four 90 minute online presentations and workshops, case studies and discussions. Delegates are also encouraged to discuss their own reports privately with their tutor.
Structured into three main topic areas, the course includes:
Introduction
to the P&L account:
The basic principlesExplanations of financial terminologyBusiness tactics to manage revenue costsHow to trade & make a profitCalculation and interpretation of KPI’sIntroduction
to the Balance Sheet:
Assets, liabilities and equityManaging working capitalProfit, cash and investmentIntroduction to Cashflow:
Controlling cash & other assetsWorking capital forecastingSources of funds to manage liquiditySimple KPI’s to measure performance