Business Management: Financial Accounting for Non-Financial Roles

Designed for non-financial professionals, this course will give you the confidence to analyse financial information and understand accounting terminology effectively. You’ll learn how to interpret the financial data of any limited company, empowering you to make well-informed decisions on whether a particular business might be a dependable customer, a consistent supplier, a responsible employer, or a sound investment.

During the course you’ll develop skills to make sense of annually published financial accounting statements that are presented to internal and external stakeholders, such as statements of financial performance, financial position and cash flows, in order to help you measure and assess performance, financial health, cash, and working capital.

Real-world insight from industry experts

This microcredential has been created and written by highly qualified professionals with practical experience in business accounting. It uses realistic case studies and published financial statements that will bring your learning to life and ensure that the skills you develop can be applied in a practical way to a diverse range of sectors and organisations.

You’ll learn at your own pace around other life commitments, with the time to reflect and put your skills into practice as you progress through the course. At the end, you’ll be able to immediately apply your newly gained knowledge and have the confidence to contribute to financial discussions and decision-making.

Why are financial accounting skills important for your career development?

Making good business decisions is vital for any successful organisation. This microcredential will support your development so you can do just that.

Focusing on how to interpret financial reports, rather than how to construct them, this course will help you gain meaning from data so you can be sure you are making the best choices for your business to thrive.

If you would like to further strengthen your financial knowledge, The Open University also has a microcredential on Management Accounting. This is a complementary course that will give you the expertise you need to be able to confidently prepare budgets and calculate costs to support your decision making.