FINANCE EXPLAINED

A 1-day event developed for Managers who need to understand and provide financial information, designed to help plan and control the success of their business.

BENEFITS

On completion of the course, delegates will have developed their ability to use financial information in relation to business activities through a better understanding of:

• The key areas which they can influence in their unit which will have an effect on the bottom line
• Commonly used financial terms
• How a business is financed
• The principal components of balance sheets and profit and loss accounts
• The key points and ratios available from financial statements

CONTENT

• The function of Accounting in relation to planning and measuring business performance
• A definition of terms
• Basic accounting principles
• Balance sheet analysis and the use of ratios
• Management Accounting as a planning and control tool
• Implications for your role in the business