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Fact Sheet
2 Days/Classroom
Course Aim
A practical participative workshop, with down to earth principles of finance, including the how and the why of financial management in the workplace.
Outcomes
· The fundamentals of financial management in the workplace · Applying basic financial techniques to improve profitability throughout the organisation
Who should attend?
· Non-Financial Managers · Accounting assistants · Financial managers · Business owners · Operations managers
Workshop Programme
Basic concepts of what profit is, mark-up and margins Principles of risk and return. Basic Taxation and understanding it’s impact on your business : Individual Company VAT STC Capital Gains Understanding different forms of Business Ownership Understanding the Language of Accounting Accounting concepts and theory Accounting Process Transactions Accounts Double entry Trial Balance How the above concepts produce the end product of financial statements in the form of Balance Sheets Income Statements Understanding of the financial Statements Financial Analysis and Ratios; principles behind ratio analysis, covering Profitability ratios Liquidity Ratios Efficiency Ratios Continuation of Ratio Analysis Basic Costing Principles: covering: Breakeven Analysis Cost Volume Profit Margin of Safety Introduction to Budgeting and Profit Planning; How will the business acquire, finance and distribute the required resources to achieve profit expectations of the owners Capital Budgeting; covering such aspects as: Time Value of Money Future Value Present Value How the above concepts are employed in a business to ensure cost effective capacity planning Conclusion and evaluations of the course
Related Courses
· Basic Principles of Accounting
· Office Effectiveness
2 Days/Classroom
Course Aim
A practical participative workshop, with down to earth principles of finance, including the how and the why of financial management in the workplace.
Outcomes
· The fundamentals of financial management in the workplace · Applying basic financial techniques to improve profitability throughout the organisation
Who should attend?
· Non-Financial Managers · Accounting assistants · Financial managers · Business owners · Operations managers
Workshop Programme
Basic concepts of what profit is, mark-up and margins Principles of risk and return. Basic Taxation and understanding it’s impact on your business : Individual Company VAT STC Capital Gains Understanding different forms of Business Ownership Understanding the Language of Accounting Accounting concepts and theory Accounting Process Transactions Accounts Double entry Trial Balance How the above concepts produce the end product of financial statements in the form of Balance Sheets Income Statements Understanding of the financial Statements Financial Analysis and Ratios; principles behind ratio analysis, covering Profitability ratios Liquidity Ratios Efficiency Ratios Continuation of Ratio Analysis Basic Costing Principles: covering: Breakeven Analysis Cost Volume Profit Margin of Safety Introduction to Budgeting and Profit Planning; How will the business acquire, finance and distribute the required resources to achieve profit expectations of the owners Capital Budgeting; covering such aspects as: Time Value of Money Future Value Present Value How the above concepts are employed in a business to ensure cost effective capacity planning Conclusion and evaluations of the course
Related Courses
· Basic Principles of Accounting
· Office Effectiveness
