Finance for the Non-

Financial Manager

Users of financial accounts

Users of financial statements

Owners/shareholders
 Profitability
 Liquidity
 Turnover

Users of financial statements

Tax authorities
 Profitability
 Turnover
 Expenses
 Correct tax paid?

Users of financial statements

Lenders
 Repaying loans
 Security
 Interest

Users of financial statements

Employees and trade unions
 Pay rises
 Job security

Users of financial statements

Debtors
 Long term contracts
 Warranties and guarantees

Users of financial statements

Creditors
 Security of repayment
 Position if liquidation occurs

Users of financial statements

Competitors
 Is the company a takeover target
 Will the company attempt a takeover?

Users of financial statements

Financial v management accounts
 Financial accounts – used to analyse past
performance and develop long term strategy
 Management accounts – used to help the
company plan for the near future

Users of financial statements