Introduction
to business finance
Take the mystery out of business finance and understand
the pertinent factors to be considered in making sound
business decisions.
Who should attend?
Any non-finance person requiring the basic financial
skills necessary to demystify business finance and manage
a business, business unit, project or similar
Duration
One day
Outcomes
Participants will:
Understand
basic accounting terms and concepts
Understand
the income statement and balance sheet
Learn how to analyse financial information using financial
ratios
Understand
management accounts and external accounts
Understand
performance measurement systems
Develop
budgets and cash flow forecasts
Understand
the importance of and methods used to manage cash
flow and working capital
Course content
Accounting
and the accounting process
The
balance sheet
The
income statement
Ratios
– analysing financial information
Management
accounts
Basic
budgeting for business
Cash
flow projections
Actual
performance vs. Budget / forecast
Cash
flow and working capital management
The course also includes several case studies. |