| Overview
Do you wish you could take the fear out of finance? Do you wish you could feel confident and fully understand financial matters and how they relate to business? Have you ever wanted to improve the profitability of your business? This course is ideal for you; it specifically designed for managers who need a better understanding of business or finances. You can learn how to apply new accounting techniques to improve the profitability of your business.
Requirements
Managers who need to gain a better understanding of the financial implications of their day to day decisions, and what impact it may have on the business.
Objective
You will gain a clear understanding of business finance, how to interpret financial statements such as profit & loss, the balance sheet, cash flow forecasts, risk analysis and break even figures. It will highlight the key financial areas you should be addressing as a manager and know when to look out for warning signals. Understand how, why and when you may need to raise capital for your business.
Qualifications
This course can be counted as one of the modules in the Institute of Leadership and Management's (ILM) Level 5 Introductory Diploma in Management. Duration 1 day
Price Per Course £250.00 ex VAT
Full payment must be received prior to the course commencing
Course Outline:
Financial statements
• Objective of Financial Statements
• Elements of Financial Statements
• The Balance Sheet
• The Profit and Loss Account
• The Cash Flow Statement
Interpretation of Financial Statements
• Ratio Analysis and Key Indicators
• Profitability
• Liquidity
• Gearing and Financial Structure
• Investor Ratios
Tools for Management Decisions
• Break-Even Analysis
• Payback Spend
• Time Value of Money
• NPV
Valuation Concepts
• Asset-Based Valuations
• Earnings-Based Valuations
|
