Finance Training Courses for Managers ...   helping to deliver financial & business performance

Quantum Management Solutions can help ...

Our extensive range of business and finance training courses are delivered by a qualified CPA and experienced facilitator, using practical & plain English explanations.

For example, the Finance for Non-Finance Managers course is a dynamic and interactive workshop that makes understanding Finance and Accounting Easy! All of our courses are designed to assist managers achieve outstanding financial and business performance.

We can also tailor a training package to suit your specific needs if required.

Finance for Non-Finance Managers
& Accounting for Non-Accountants

Program Overview

Managers today are increasingly faced with the responsibility for financial management and decision making in an environment that requires a high level of financial and operational performance.

The purpose of this program is to help empower managers through the development of a better understanding of accounting and finance terminology and to apply financial management techniques and tools to today’s business context.

Course Topics

• Finance terminology
• Accrual accounting – What is it?
• Statements of Financial Performance, Statements of Financial
  Position and Cashflow Statements
• Evaluating financial performance
• Managing budgeting and cost control
• Financial decision-making
• Discounted Cash Flow (DCF), Internal Rate of Return (IRR)
  and Payback Period Analysis
• Risk analysis and financial decision-making
• Sensitivity analysis
• Types of costs, cost drivers and cost behaviours
• Cost, price volume relationships and break-even analysis

Financial Decision Making

Program Overview

Managers today are often faced with the responsibility to evaluate business performance and the viability of specific projects, programs or business investments and to make choices between alternative courses of action.

As a part of the decision-making process managers need to evaluate the costs and the benefits of each alternative including the cash flow aspects.

In the final analysis, Managers need to develop a Business Case to justify and promote their projects to management and their clients. The financial decision making tools covered in this program are designed to help managers to build a business case for their projects or business investments.

Course Topics

• Analysing business and budget performance
• Developing and presenting business cases
• Discounted cash flow analysis
• Financial ratio analysis
• Financial risk analysis
• Sensitivity analysis

Finance & Accounting for Project Managers

Program Overview

Project Managers today work in a wide variety of industry sectors including IT, building and construction, energy and telecommunications, roads and infrastructure, research and development and many other areas. Increasingly project managers are faced with the responsibility for financial management, control and decision making of their projects in a business environment that requires a high level of financial, business and project performance.

The purpose of this program is to assist Project Managers to develop a better understanding of finance terminology and financial management techniques and then apply these to projects in a business context.

Course Topics

• Understanding the accounting process within a project context
• Finance and accounting terminology for projects
• Profit & Loss Statements, Balance Sheets and Cashflow Statements
  for project based businesses
• Financial reporting for projects
• Financing strategies for projects
• Financial risk assessment and management for projects
• Evaluating project financial performance
• Project costing, project pricing and financial planning for projects
• Project budgeting and control
• Financial decision-making for projects

Finance & Accounting for Public Sector Managers

Program Overview

Managers in today’s Public Sector are now required to not only deliver on the achievement of broader community outcomes but also on financial and business performance that delivers value for money.

The purpose of this program is to assist non-finance managers in the Public Sector to develop a better understanding of finance terminology and reporting and to apply financial management techniques and tools to today’s public sector context.

Course Topics

• Finance terminology in the public sector
• Accrual accounting – What is it?
• Statements of Financial Performance, Statements of Financial Position
  and Cashflow Statements
• Output costing and Output pricing in the Public Sector
• Business cases for additional appropriations and specific government grants
• Evaluating financial performance
• Budget reporting and cost control
• Financial decision-making
• Financial evaluation techniques for programs and projects
• Risk analysis and financial decision-making in the Public Sector
• Types of costs, cost drivers and cost behaviours in the Public sector

Double Entry Accounting for Finance Personnel

Program Overview

In today’s business environment the finance department has a crucial role in delivering financial and business performance. While senior finance staff generally possess a comprehensive knowledge and understanding of double entry accounting, many other staff in specialised functions such as accounts payable and accounts receivable lack this knowledge. This situation often limits both the contribution and potential of staff in these specialised areas.

This program is an intensive introduction to the fundamentals of double entry accounting.

Course Topics

• Introduction to double entry accounting
• Accounting definitions
• Double entry accounting rules
• Introduction to Journals & Source Documents
• Introduction to Chart of Accounts and Ledgers
• Journals and posting to the Ledger
• Posting to Ledger Accounts
• The General Ledger and Trial Balance
• Balance Sheet & Profit & Loss and Cash Flow Statements
• Accounts Payable and Accounts Receivable subsidiary Ledgers
• Bank Reconciliations
• Accounting for stock & Fixed Assets
• Internal control

Zero Based Budgeting Skills for Managers

Program Overview

In today’s business environment, organisations are moving away from the traditional incremental budgeting approach to new ways involving Zero Based Budgeting principles. This program explains the Zero Based Budgeting concept and will provide participants with practical techniques and skills for its application.

Course Topics

• Budget and Finance Terminology
  
• Zero Based Budgeting Vs Incremental Budgeting
  
• Advantages and disadvantages of Zero Based Budgeting
  
• Essential Principles of Zero Based Budgeting
  
• The Strategic and Budgeting Planning Considerations
  
• Utilising the Finance System for Zero Based Budgeting
  
• Types of Costs and Cost Drivers
  
• Using Zero Based Budgeting Templates For Budget Estimating
  
• Budget Reporting, Management and Control

Quantum Management Solutions specialises in providing business and finance training that assists managers to achieve outstanding financial and business performance. Please don't hesitate to contact us if your have any questions, remember you can register on-line for your next finance course by clicking on the following link ...

Financial Training Registration