Finance & Budgets Made Easy for Non-Financial Managers

£2,200.00

This is a full-venue event. Training tools, Certificates and refreshments will be provided. Should you be interested in the online version or your in-house delivery? Please contact us.

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Description

Introduction 
This course is aimed specifically at managers with no financial background who require a practical understanding of business finance. It will provide candidates with essential knowledge of the financial aspects of business and provide them with practical skills for enhancing the profitability of their business.

Course Content

  • Introducing financial basics
  • Evaluating costs & profitability
  • Understanding the interaction of margins
  • Identifying product & service costs
  • Distinguishing direct from indirect costs
  • Identifying the components of financial statements
  • Evaluating assets & liabilities
  • Looking at accruals and stock accounts
  • Budgeting: simple techniques that work
  • Identifying four different methods of budgeting
  • Avoiding common budgeting pitfalls
  • Learning how to budget effectively
  • Getting your budget approved

Learning Outcomes

  • Candidates will be able to evaluate costs and profitability
  • Identify the components of financial statements
  • Compile an adequate budget using simple techniques
  • Help to regulate their business cash flow

Event Details

NOTE: For our customised events all you need to do is provide us with what you want to achieve or tell us about the training requirements of the group and we will agree on a date, venue and produce a course proposal for you along with the costs. Discounts may be applicable for group booking or early birds.

Start date: 04/01/2021

End date: 07/01/2021

Start time: 09:00 GMT

End time: 17:00 GMT

Venue: London, UK

Phone: '+44 1582 414 144

Email: admin@prospectsds.com

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