This two-day, face-to-face course equips non-financial managers with the practical financial knowledge and confidence needed to contribute more effectively to their organisation’s financial goals. Through interactive sessions and real-world examples, learners will explore key financial principles, terminology, and tools that are essential to understanding reports, managing budgets, and building credible business cases. With a strong emphasis on collaborative learning and application, the course fosters financial fluency and decision-making capability across functions.
Format

In Person Course

Dates

1st & 2nd December 2026

Location

Scottish Engineering Glasgow

Duration

Day
Member Price

£834 inc. VAT

Non Member Price

£1042.50 inc. VAT

Learning outcomes

Hands-on, instructor-led training delivered at Scottish Engineering Skills Academy, West George Street

In-person training in a dedicated learning centre. Learners benefit from expert-led sessions, collaborative activities, and structured, hands-on workshops in a distraction-free environment. If you can’t attend in person, many classroom courses are also available to attend remotely.


Identify the role of finance within organisational strategy and operations
Recognise and explain common financial terms and concepts
Interpret key financial statements including the profit and loss account and balance sheet
Understand how external stakeholders assess financial performance using ratios
Distinguish between cash and profit and explain their significance
Apply core management accounting tools such as costing, cash flow, and budgeting
Develop structured business cases and perform basic investment appraisal

Who Should Attend

This workshop is targeted at: Individuals and teams who benefit from deep focus, direct interaction, and practical, hands-on learning.

In-person training in a dedicated learning centre. Learners benefit from expert-led sessions, collaborative activities, and structured, hands-on workshops in a distraction-free environment. If you can’t attend in person, many classroom courses are also available to attend remotely.

Learning outcomes

By the end of this course, learners will be able to:
  • Interpret key financial statements including the profit and loss account and balance sheet
  • Recognise and explain common financial terms and concepts
  • Distinguish between cash and profit and explain their significance
  • Understand how external stakeholders assess financial performance using ratios
  • Apply core management accounting tools such as costing, cash flow, and budgeting
  • Develop structured business cases and perform basic investment appraisal
  • Identify the role of finance within organisational strategy and operations

Course Outline

Day 1: Welcome and reflections

  • Setting expectations and capturing personal learning goals
  • Introduction to the learning environment and facilitation style

Financial principles and terminology

  • The language of finance: key concepts and definitions
  • Understanding the finance function and its organisational role

Financial reports and statements

  • Introduction to the profit and loss account and balance sheet
  • Navigating core financial documents and their interrelationships

Financial ratios

  • Interpreting financial health using ratios
  • Understanding profitability, liquidity, efficiency, and solvency

Cash and cash flow

  • The difference between cash and profit
  • Techniques for managing and forecasting cash flow

Day 2: Welcome and key learning points review

  • Recap of Day 1
  • Connection of learning with personal and organisational challenges

Budgets

  • Building and managing effective budgets
  • The budgeting process and types of budgets

Costs

  • Types of costs and cost behaviour
  • Techniques for cost control and analysis

Business cases and investment appraisal

  • Essential components of a compelling business case
  • Methods for evaluating proposed investments (NPV, payback, ROI)
  • Application through learner-generated scenarios

Personal learning summary and action planning

  • Reflection on key takeaways
  • Development of individual action plans for applying financial skills
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