This assumes that participants start with little or no understanding of accounts. It takes them through the accounting processes. By the end they will understand the basics of accounting principles, know how to produce budgets, and will be able to take part in financial discussions.
Who should attend:
- Managers at all levels who have to be able to read and understand accounts.
- All managers who should know how accounts are created, and how to interpret them.
- Any managers who have to create and provide budgets and forecasts.
- Managers who want to have a broad understanding of company finances in general.
What you will learn:
- How to read and interpret accounts.
- How to prepare financial and operating budgets.
- How to control departmental budgets and measure financial performance.
- How to understand company finances at a senior level.
The course will cover:
- Basics and Fundamentals
- The Company Business Plan
- Interpretation of Accounts
- Business ratios
- The Cashflow Statement
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- Creating Budgets and Forecasts
- Variances
- Credit Ratings
- Costing – the basics
- Sources of Capital
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