Finance is called the language of business, this is because many of the measures of success and failure in business are expressed in financial terms. As a result having a working knowledge of this language allows you to make solid and effective business decisions.
Managers must be conversant with the terminology and statements that accountants use. Technical expertise in projects, service delivery, production or other areas can only really be harnessed if you understand the accounting and reporting that drives your business.
This programme delivers a deeper understanding through applied training techniques. It will provide you with the practical financial skills and techniques to ensure business success and profitability for you, your department and your business.
- Understand the language, terminology and structure of accounts
- Learn to measure and manage cash flow to ensure financial success
- Grasp the key elements to successful planning, evaluating and controlling your budget
- Get-to-grips with the different ways to measure your operational performance in financial terms
- Understand what financial information you need to help you in decision-making and how to use it
- Develop the skills to maximise pricing your goods and services accurately
- Be able to make a positive impact on the financial efficiency and profitability of the business
- Boost your confidence when discussing financial objectives with your colleagues
- What do accountants do?
- The basic financial statements
- The accounting process
- Why be in business - from a financial perspective
- Accounting rules - accounting standards
- Reading financial statements
- Performance measurement - analytical reviews and ratio analysis
- Action planning and close of course
For more information about this conference visit http://www.researchandmarkets.com/research/fn8r2p/finance_for_the
Related Topics: Management