Financial Management Essentials™
Delegation Skills Course Features
SUBJECT
Finance for Non-Financial Managers
DURATION
2 Days
CERTIFICATION
ILM-Recognised
TRAINER
Nicholas C. Hill FCMI FIoL FIC
PARTICIPANTS
Leaders and Managers
DELIVERY
Open Scheduled • 1-2-1 • In-House Tailored
FORMAT
Classroom • Virtual Classroom • Hybrid
MATERIALS
Hard Copy Workbooks • Digital Workbooks
Instructor-Led Financial Management Training
Master Trainer Nicholas Hill
Nicholas C. Hill FCMI FIoL FIC is a seasoned master trainer and the creator of 68 ILM-Recognised courses. His training is high-impact and results-driven, presented in classroom and virtual classroom formats. Since 1996, he has delivered training for over 700 organisations, leading to team improvements of up to 234% in performance, 136% in efficiency, and 104% in productivity.
Financial Management Course Summary
Module 1
Financial Intelligence
Module 2
Financial Assets
Module 3
Financial Liabilities
Module 4
Income Statements
Module 5
Cash Flow Statements
Module 6
Financial Health
Module 7
Profit Optimisation
Module 8
Return on Investment
Participant Challenges
You struggle to interpret financial data, leaving you reliant on others for critical decisions. Financial reports feel overwhelming, making assessing profitability, cash flow, or business health difficult. Mismanaging financial assets and liabilities leads to cash shortages, unexpected expenses, and costly mistakes. Without financial confidence, you risk poor budgeting, inefficient resource allocation, and a lack of control over business growth. Uncertainty in financial decision-making slows progress, weakens profitability, and threatens long-term sustainability. If you don’t act now, financial mismanagement will continue to limit your ability to lead effectively and secure business success.
Course Objectives
Designed and delivered by Nicholas Hill Academy Ltd, this course gives you the financial confidence to make informed decisions, improving profitability, cash flow, and long-term business success. You develop the skills to analyse financial statements, manage assets and liabilities effectively, and optimise cash flow. Your team gains clarity on financial expectations, reducing errors and enhancing efficiency. Mastering budgeting, cost control, and return on investment will drive stronger financial performance, improve resource allocation, and support sustainable growth. Your organisation benefits from increased profitability, reduced financial risk, and a more strategic approach to financial management.
Day One
Understanding Financial Statements™
Module 1: Financial Intelligence
Outcomes
• Understand basic accounting concepts and why you don’t need to know all of them • Reveal the purpose of the balance sheet and find out what the numbers are telling you • Notice how your cash flow is affected by each of the four ways of recording depreciation
Syllabus
Generally Accepted Accounting Principles, Financial Analysis, The Balance Sheet, Liquidity, Financial Strength, Operating Performance, Asset Management Performance, Operating Expenses, Capital Expenditures, Matching Principle, Depreciation, Amortisation
Module 2: Financial Assets
Outcomes
• Delineate between the many types of financial assets in your comparative balance sheets • Discover the power of cash, marketable securities, investments, and fixed assets • Understand the three kinds of inventory and the two accounting methods of tracking them
Syllabus
Cash, Marketable Securities, Accounts Receivable, Customer Credit, Inventory, Finished Goods, Work In Process, Raw Materials, Current Assets, Investments, Fixed Assets, Accumulated Depreciation, Net Book Value, Total Assets, LIFO, FIFO
Module 3: Financial Liabilities
Outcomes
• Distinguish between the various company liabilities shown in your balance sheet • Know the pros and cons of each type of stockholders’ equity in your business • Grasp the differences between long-term and short-term debt and how it affects your equity
Syllabus
Accounts Payable, Bank Notes, Long-Term Debt, Preferred Stock, Common Stock, Retained Earnings, Stockholders’ Equity, Revolving Credit, Factoring, Debentures, Mortgage Bonds, Subordinated Debentures, Convertible Bonds, Zero-Coupon Bonds
Module 4: Income Statements
Outcomes
• Unearth profit and loss basics, including how revenue is received and when it is recorded • Know your direct costs and indirect costs, along with how they affect your profit margins • Learn how and when your corporation tax, dividends, and retained earnings are calculated
Syllabus
Understanding Profit, Sales Revenue, Cost of Goods Sold, Gross Margin, Administrative Expenses, EBITDA, Depreciation Expense, Net Income Before Tax, Corporation Tax, Net Income, Cash Dividends, Change in Retained Earnings
Day Two
Optimising Financial Health™
Module 5: Cash Flow Statements
Outcomes
• Discriminate between the cash flow forms of business operating, investing, and financing • See how the increases and decreases in assets and liabilities affect your cash flow • Appreciate the complex cash flow separation of ‘sources of funds’ and ‘uses of funds’
Syllabus
Sources of Funds, Uses of Funds, Depreciation Expense, Changes in Liabilities, Changes in Assets, Dividends, Reconciliation, Fiscal Period, Going Concern, Historical Unit, Conservatism, Quantifiables, Consistency, Full Disclosure, Materiality
Module 6: Financial Health
Outcomes
• Measure the profitability of your business by using financial ratios and percentages • Recognise the importance of liquidity ratios to determine your business flexibility • Assess the financial health of your business and take giant steps to improve it
Syllabus
Financial Ratios, Statistical Indicators, Liquidity Ratios, Working Capital, Aging Accounts, Inventory Turnover, Gross Profit Percentage, Return on Assets, Return on Equity, Return on Sales, Financial Leverage, Debt-Equity Ratio, Interest Coverage
Module 7: Profit Optimisation
Outcomes
• Find your ‘real’ breakeven point, create an annual budget, and critique the variance analysis • Scrutinise your fixed & variable costs to reduce expenses and stop unnecessary expenditure • Explore models to improve your profitability and maintain a steady growth curve
Syllabus
Annual Budget, Chart of Accounts, Fixed Costs, Variable Costs, Direct Labour Costs, Breakeven Point, Contribution Margin, Desired Profitability, Discount Unit Price, Joint Ventures, Variance Analysis, Financial Flexibility, Cost Management
Module 8: Return on Investment
Outcomes
• Use discounted cashflows to acknowledge the ‘time value’ of monetary investments • When ROI forecasting, calculate the payback period and incorporate the risk factor • Apply accounting principles to increase the success of your ROI business forecasting
Syllabus
Capital Investments, Forecasting Performance, Strategic Implications, Financial Exposure, Discounted Cash Flow, Money Time Value, Principal First, Payback Period, Incrementality, Pricing Economics, External Financing, Working Capital Investment
Finance for Non-Financial Managers Training Delivery
Open Scheduled Course
Develop Your Skills
Enjoy powerful and cost-effective learning and development from the comfort of your home or office. Benefit from our practical and relevant training content while interacting with our master trainer and like-minded delegates from other industries.
- Leaders and Managers
- 2 Days
- Virtual Classroom
1-2-1 Tailored Course
Master Your Skills
Solve your workplace problems in private and in confidence. Receive undivided personal attention and explore modules tailored to your needs. Schedule the training to suit your pace and calendar, then watch your knowledge and skills go through the roof.
- Management Level Tailored
- 2 Days • 4 Half Days • 8 Quarter Days
- Classroom • Virtual Classroom
In-House Tailored Course
Develop Your Team
Engage in team building and develop unity through shared goals that align your team’s thinking and behaviour. We facilitate your team discussions and tailor our modules, timings, and delivery style to your organisational vision, mission, and culture.
- Management Level Tailored
- 2 Days • 4 Half Days • 8 Quarter Days
- Classroom • Virtual Classroom
Financial Open Courses
Included Materials
- Certificate of Achievement
- Digital Interactive Workbooks
- Professional Leader Subscription
- Pre-Course Diagnostic Consultation
- Post-Course Results Consultation
- Post-Course Email Mentoring
Optional Materials
- ILM-Recognised Certificate
- Hard Copy Workbooks
- Hard Copy Leadership Journal
- Leadership Principles Merchandise
- Leadership Style Mapping
- Post-Course Leadership Coaching
Course Features
- Master Trainer
- 2 Days Training
- 09:00 - 17:00 GMT/BST
- Leaders and Managers
- 5 Delegates Capacity
- Virtual Classroom
Time Remaining
- 00Days
- 00Hrs
- 00Mins
- 00Secs
Start
15 May, 2025
End
22 Sep, 2025
- Financial Management Essentials
- 04 Places Remaining
£895
+VAT PER DELEGATE
Training Course Reviews
"Nicholas Hill is a very knowledgeable and passionate coach and trainer!"
M. Sunderland Operations Directo Office of the Immigration Services Commissioner
"This course was too advanced for me, but it helped me to manage my time."
N. Brydon, Food and Beverage Manager The Elvetham Hotel Ltd
"Following your training, we are now turning around our business performance."
A. Panatti Sales Director Finish Creative Ltd
"The results achieved in this training are above and beyond what I was expecting."
S. Baker Managing Director Merritt & Baker Consultancy Ltd
"You positively changed my attitude toward leadership and management."
J. Mears General Manager Integrated Pathology Partnerships Ltd
"Outstanding and excellent feedback from our 42 delegates over four years."
O. Klochkova Chief Operations Officer Playson Ltd