Sound financial awareness is a paramount requirement for managers today. Finance, accounts, budgeting and producing variance reports can all be a major headache for a manager who is well skilled at the operational aspects of their job but has never had to worry about financial concerns. A greater understanding of the fundamentals of how money works in business, spread throughout an organizations management, result in a sound financial structure and often then in increased profitability.

Managers and staff who have responsibility for the control of financial resources.

1 Day

To give managers the kind of insight into all areas of finance which is the basis of financial awareness and enables them to be better able to prepare and work with budgets.

- Constructing a Profit & Loss

- What are "Quick Statement Ratios?"

- How to read a Profit & Loss Statement

- What do Ratios tell us?

- What is a Balance Sheet?

- Fixed & Variable Costs

- How to read a Balance Sheet

- Cash Flow

- Preparation and management of budgets and budgetary controls

- Management accounts

- Personal action plans

For more information regarding course delivery please click on the 'Enquiries' box. To purchase the course transcript and tutor guide click on the 'Purchase course transcripts' box.