Management Accounting for the Nonfinancial Manager

(Financial Awareness; a Core Competency)


The Management training “Management Finance for the Nonfinancial Manager”, called “Bergame” covers two full days plus one introductory evening and is made up of a business simulation game that teaches managers how to become ENTREPRENEURS – so that they can identify opportunities to create wealth for their businesses – and MAKE IT HAPPEN.

“Bergame” is the highly successful enterprise simulation that sets its participants to understand how various departments of a company depend one another and how their decisions will affect cash.

Working in teams participants will use a table-size game board to help them visualise the running of their company. They will be asked to decide on labour standards, investments and disinvestments, bank loans, manufacturing products, quantities, qualities and production methods; bid for raw materials and determine the selling price for their chosen range of products in a range of chosen tender markets and conditions. Also they will learn to tender and negotiate.

‘Bergame’ will show them the component parts of the Balance Sheet and Profit and Loss Account entries will fall into place. They will learn to value business performance from published accounts.

A delivery of this well established enterprise simulation is supported by two trainers / game masters. It has successfully been used by leading companies. References can be made available.

Big advantage over computerised simulations is that participants will see the consequences of their decisions in their faces.

Two days of ‘Bergame’ ‘Action Learning’ teaches more about the running of a business than a fortnight of Finance training will do!

 

With “Bergame” participants will learn:

  • The importance of Cash
  • How individual decisions will affect the business
  • How company economics work
  • How to read annual reports
  • How to use balance sheet end profit & loss account information
  • To talk to accountants about finance
  • How to use market information
  • What banks are looking for when lending
  • How decisions and their consequences interrelate
  • The financial implications of proposals
  • How to benefit from the use of financial ratios


With “Bergame” one will:

  • Stimulate tendering end negotiation skills
  • Develop Planning skills
  • Obtain better financial control
  • Build team relationships
  • Develop a competitive spirit
  • Reduce inter-departmental friction
  • Improve profitability

 

Read more detailed information about: Management accounting for the Nonfinancial manager

Costs:

Places
Discount Rate
1 0 % £ 1,475
3 5 % £ 1,401
5 10 % £ 1,327
7 15 % £ 1,253

 
 

Enrol here for the manager training Management accounting for the Nonfinancial manager

 

 This Course can be provided in-house, which is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We also tailor the course content to suit your precise organisational needs.

To speak to an advisor about your particular requirements call +44 (0)7970 156347 

 

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