Who Should Attend?
This course is suitable for non-financial people who want to gain a basic understanding of their company’s financial information, accounts and budgets and how to interpret this data and use in an effective way.
Duration
1 Day
Location
Ipswich / Essex / In-house Availability
Certifications
Provided on completion
Course PDF
View course details as PDFCourse Aims and Objectives
The purpose of this course is to teach delegates to use, understand and interpret financial statements, enabling them to make better business decisions. It looks at important financial management tools and helps them to understand the accounts language.
By the end of the course delegates will be able to:
- Understand basic financial documents used in business
- Interpret information in financial documents and use them to manage day-to-day tasks
- Understand basic financial terms, what they mean and how financial principles apply to business
- Devise a plan of work that can be implemented into their job role
Course Outline
- Course Introduction
- The Purpose of Accounting
- Balance Sheets
- Assets – fixed & current
- Liabilities
- Equity
- Profit and Loss
- Methods of recording transactions
- Cash Flow Statements
- Budgets
- Forecasting
- Cost Saving
- Overall Financial Picture
- Action Plan
