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Course outline

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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.

 


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