Free Financial Management course

Free, right now

The first three chapters online, with a knowledge check after each chapter. Plus a PDF with a worksheet and cheat sheet.

You can read the lessons straight away. For the PDF, you leave your details.

Start with lesson 1

Prefer to have a trainer there with you?

The three-day Financial Management for the Non-Financial Manager course. You put your own organisation's figures on the table and spend three days working through them with a trainer alongside you.

EUR 1875,- excl. VAT

View the Financial Management for the Non-Financial Manager course All Financial management courses →

You lead a team, you run a department or you head up projects, and then comes the moment when the figures go on the table. A balance sheet, a monthly report, a budget that the controller says is under pressure. You nod along, because the meeting moves on, but honestly you do not know exactly what you are looking at. That is not a lack of talent. Nobody ever explained it to you.

This free online course is the starter for our full Financial management for the non-financial manager. In the first three chapters you learn to read a balance sheet and see how an organisation is doing, to work out from a profit and loss account where the money comes from and where it goes, and to draw up, monitor and adjust your own budget. Each chapter ends with a short knowledge check, so you notice straight away whether it is sinking in.

The full course goes on to cover the cash flow statement, the annual accounts, ratios and key figures, assessing investments, the route from purchase price to selling price, legal structures, the planning and control cycle and producing a report your board can actually use. Would you like to work through those chapters with an experienced trainer alongside you, and with your own organisation's figures on the table? Then take a look at the Financial Management for the Non-Financial Manager course.

Financial management

Chapters 1 to 3 in a single PDF, with a worksheet and cheat sheet.

Contents:

  • 0.-

    Introduction
    How this free course is structured and what you will learn in the three chapters.
  • 1.-

    Reading the balance sheet
    Assets on the left, financing on the right, why both sides are always equal and which ratios to look at first.
  • 2.-

    Reading the profit and loss account
    From turnover to gross profit, operating result and net profit, the difference between fixed and variable costs and the bridge back to the balance sheet.
  • 3.-

    Budgeting and monitoring your budget
    Telling the estimate, the budget and the forecast apart, assessing the variance pro rata and the four ways to make adjustments.
  • 4.-

    Your organisation's financial playing field
    Why financial insight pays off in your role, the basic concepts and who in the organisation is responsible for what.
  • 5.-

    The cash flow statement
    Why money in the bank is not the same as profit, the three types of cash flow and managing liquidity.
  • 6.-

    Understanding the annual accounts
    The components of a set of annual accounts, the legal framework and a reading approach that gets you to the essentials in twenty minutes.
  • 7.-

    Ratios and key figures
    Calculating liquidity, solvency and return, and comparing the outcome with your own sector.
  • 8.-

    Assessing investments
    Payback period and present value, and how to build an investment proposal that convinces the board.
  • 9.-

    From purchase price to selling price
    Calculating cost price, setting mark-ups and working out at what turnover you cover your costs.
  • 10.-

    Business structures and legislation
    Legal structures in the Netherlands, the tax and legal consequences and when each form is appropriate.
  • 11.-

    The planning and control cycle
    How planning, executing, measuring and adjusting hang together in a fixed annual rhythm, and who is accountable for what.
  • 12.-

    Financial reporting without the noise
    The three layers of a good report, presenting to your board and the pitfalls you are better off avoiding.

The trainers who deliver this course

That is the difference with a pdf: there is someone standing in front of the class who answers your questions and thinks along with your own situation.

What participants say about Learnit

I found the 'Interview Techniques' course to be good. Nothing to fault. It was also good that Job called beforehand for a short preliminary discussion. You don't see that very often. A very worthwhile course. It also had a strong element of repetition. Plenty of variety, including between theory and practice. Learned a lot, and applied it straight away during the course. And I think these learnings will also help me further when conducting interviews.
Tjeerd J
We took the Outlook, Teams and OneNote course with Roy Nieuwenhuijzen. Good content, and a few days before the course he got in touch with me (coordinator of the course, head of the secretariat). Pleasant that you can fill in the day itself as needed. The booklet for reference is rather dated, but apparently there is little up-to-date material to be found.
Inge Brouwers
In May 2024 I took the WordPress course. As an IT enthusiast with broad but not necessarily deep knowledge, I wanted to know more about WordPress. How do you install everything and how do you start building a website. This course is extremely well suited to that. From the outset you learn in 3 days how to start a website and what to look out for. I now have a solid basis for getting to work with WordPress and I know my way around the various options. The course is recommended for anyone who wants to learn in three days what WordPress can do and how to apply it.
Igno Freriksen

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Our free courses and webinars

Your own motivation and commitment are essential if you want to master something new. You can get a long way with self-study. Learnit wants to contribute to this by offering valuable content such as free webinars and courses. This way you can get acquainted with new fields of learning. Once you have made a start, you may discover that there are also many advantages to taking a course at Learnit under the guidance of an experienced trainer.

  • You spend several days working dedicatedly on your learning objectives, which means you make progress more quickly
  • The trainer helps you over the bumps and spots your blind spot
  • the trainer can explore what your learning objectives are and show you the shortest learning route
  • You can practise real-life situations really well during the course
  • You get to know other participants with an interest in the same subject

In short, you achieve much more in less time.

The free courses are suitable for home study, as you can download them online as a PDF. The range of free courses consists of IT and Communication & Management courses. Would you like to learn more about these subjects, or is the subject you want to learn about not included? Then take a look at our courses.

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