Learn Financial Management and Budgeting Skills

£20.00

Price is per online user. 

Understanding the financial impact of every transaction undertaken in a business is the key focus of this course. A good manager is one who understands how to sell a lot of products or services but selling a lot of products or services does not make the manager an excellent one. Sales is a gift to a customer until it is translated into cash. It is with this in mind a manager must understand the impact of sales in the profit and loss account (profitability measurement), cashflow statements ( liquidity measurement) and balance sheet (net worth measurement). This course is targeted at non-financial experts with responsibility to manage and control financial resources in their organisation. This course aims at providing participants with finance fundamentals that will help them come to grips with sound financial discipline for business success.

Sold By: BSS Management Consultancy Ltd

Description

Learning Outcomes

On completion of this course you will have covered topics such as:

  • The definition of profit and loss accounts; why and how they are put together
  • The definition of balance sheet; why and how they are put together
  • The definition of cash flow statement; why and how they are put together
  • Finance jargons and how to make sense of financial statements for effective decision making
  • Effective financial controls required for robust safeguards over assets of an organisation
  • How to interpret and evaluate the performance of a business using financial ratios
  • Strategies for identifying financial leakages and maximising cash flow in your business- introduction to effective credit control system
  • Brief introduction to financial costings and budget

Discounts

For multiple purchase discounts or to find out if discounts are available on mixed course purchases please phone a customer advisor on 0844 854 9218.

Payment Options

The most straight forward method of payment is to select the number of users you require and add the product to your shopping cart by selecting Add to Cart. You will then be able to make payment using most credit and debit cards or a Paypal account. If you would like to pay by BACs transfer or by invoice please contact a customer advisor on 0844 854 9218 or email [email protected]

Additional information

Subject

level

guided-learning-hours

mobile-compatible

resource-type

online-access-duration

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