Course description
NHS Finance for Non-Finance Managers - In House
Our course is delivered in house or virtually for NHS organisations throughout England. We can deliver from your own premises or at an external venue or virtually. You can have up to 20 participants on this course.
NHS Finance for Non-Finance Managers is a course to help managers in the NHS understand the financial information they receive and work with.
We have worked with NHS organisations since 2007 and really understand the terminology and structures used in our health system. We relate basic finance concepts using NHS specific terminology.
In order for NHS managers to be able to use financial information to a better effect they need to understand it and be able to act upon it. NHS managers need to know what the terminology means, what the purpose of the financial report is and what actions they can take to improve financial performance.
Therefore this NHS Finance for Non-Finance Managers course takes a simple approach to quickly helping NHS managers understand their financial reports.
Our course is engaging and includes lots of group and individual exercises.
Upcoming start dates
Suitability - Who should attend?
This course is for anyone who works in the NHS and needs to be more familiar with NHS financial information and statements and who wishes to learn more about NHS Finance terminology.
We assume no prior knowledge from people attending the course.
By the end of the course those who attend will have a good knowledge of basic accounting principles and terminology. They will understand the uses of the different financial statements. In particular they will be familiar with the terminology and statements used in the NHS and be confident in using the financial information they receive to its best effect.
Outcome / Qualification etc.
We aim to ensure that everyone on the course leaves with an understanding of the financial information they receive in the NHS. For example, many managers receive a Budget Report every month from their Finance Team. So that they can use this information successfully, they need to understand what they are looking at!
By the end of the course your attendees will:
- have a full understanding of the nature and impact of the financial statements that they receive.
- understand basic finance terminology
- be able to understand the language and terminology used by your NHS Finance team.
- be able to act upon the financial information that they receive
Training Course Content
Our typical course outline will cover the subject headings listed below.
We can also tailor the course to suit different NHS organisations. Please speak to us if there are extra areas that you would like covered on the course.
- Basic NHS Finance terminology review
- The Accruals Concept and its use in the NHS
- The Income Statement & Statement of Financial Performance
- NHS budgets & NHS budget reports (management accounts)
- Trusts and Foundation Trusts
- NHS Improvement (Monitor)
- Payment by Results and other funding models
- Service Line Reporting
Course delivery details
In order for you to make the best use of your time, we can run the course over a full day or a half day. So that we can vary the length, we can add or remove topics that are more relevant or not relevant to your team.
We are happy to discuss the course content with you. For example, you may want us to include extra items encountered by your team. In most cases, we can tailor the content for no extra cost.
Our course can be delivered in person or virtually.
Whichever delivery method you choose, the course will be a mixture of teaching and exercises. The exercises will be both group and individual and this will really reinforce the subjects covered and will help to make the day more interesting for the attendees.
We recommend a course size of between 5 and 20 participants.
Please contact us for a course fee. We charge a day rate (or half day rate) for delivery (regardless of the number of participants between 5 and 20 on the course).
Why choose Clearly Training Ltd
Delivering engaging, interactive and effective Finance training for over 25 years
From quoted private sector clients to growing businesses, in the public sector, including the NHS
Face-to-face classes or virtual classroom delivery are both available
Reviews
Average rating 5
Great to get a real understanding of NHS terminology
Steve made everything simple for me. I feel much more confident with my budget statements now
This was very NHS focused