Getting to Grips with Finance

These days, anyone moving up the company ladder has got to have an understanding of finance and budgets. This practical course gives non-financial people the tools to understand and interpret the company’s final accounts and budgets – and actually have fun doing it! Delegates receive a practical grounding in how the final accounts of a business are put together and how to make sense of them. Also an understanding of the basics of budgeting cash flow and break-even analysis.

Course Objectives

By the end of the course, delegates will be able to:

• Interpret the Profit and Loss Account and Balance Sheet
• Compare meaningfully the financial reports of one business with another
• Understand the basic principles and terminology of accounting statements
• Recognise the vital importance of cash flow for a business
• Compile cash flow forecasts
• Understand how a budgetary control system works
• Interpret and act upon budgetary information
• Distinguish between fixed and variable costs
• Recognise the importance of knowing the break-even point for a project

Guide Price: from £365

Delivery: Classroom
Category: Financial Management »

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