Duration: 3 Days
Course Overview
Understand and effectively apply the principles of finance within your business environment.
COURSE OBJECTIVES
The program teaches you how to:
• Understand and apply the principles of finance
• Gain an insight into the business cycle
• Identify various company and ownership structures
• Work with and calculate depreciation
• Build and analyse the components of the Income Statement
• Evaluate and understand the components of the Balance Sheet and learn to contruct one
• Manage the organisations cash including the cash flow statement and predicting and managing cash flow
Course Content
Finance for Non-Finance Leaders Introduction (Level 1):
The course is structured and focused on understanding financial statements and the fundamental principles of finance.
Each of the modules is underpinned by workshop-based real-world scenarios, discussions and exercises. The aim is to make it as interactive and participative as possible.
Over the three days the attendees are given a practical insight into the following topics:
• Understand how to analyse the following key reports
– Income Statement
– The Balance Sheet
– Shareholders Equity
– Cash Flow Statement
• Appreciate the nature of depreciation, and its origin, including the various methodologies used in the industry
• Understand how accounting and finance concepts are related and integrated, and how they underpin managerial decisions
• Identify how to use financial information in your planning and analysis for expenditures
• Understand how operations and financial strategies/plans impact the overall business performance and culture
• Gain an insight into accounting policies and principles