Introduction

Most managers have to manage a budget, and understanding finance is becoming a fundamental issue you can't ignore in business. Many executives do not possess a strong grounding in finance but need to understand their firm's financial model.
Leading Minds offers you a course where you will learn the critical financial fundamentals and will, as a result, be able to communicate confidently with financial practitioners.

Objectives

This course will help you:

• Interpret key financial statements so that you can address the questions and areas that matter
• Identify warning signals so as to avoid financial difficulties
• Understand key performance indicators and how these can be used to increase profitability with immediate effect
• Appraise capital projects with confidence, allowing you to make the best decision for your business

Duration

2 Full Days

Course Outline

• The Business Cycle: understand how money flows in a business
• Business objectives: use financial data to achieve business targets
• The profit and loss statement, the cash flow statement and the balance sheet
• Accounting policies and how to stop abuses
• Profit vs. Cash and other key financial ratios, how to use them effectively
• Working capital management
• Cash flow management
• Cost control and reduction
• Improving margins and sales in your business
• Break even analysis
• Capital Investment techniques
• Risk analysis