Management Training | Business Skills | Leadership Training

Financial Awareness

Who Should Attend

Anyone who needs to understand financial processes and add financial tools to their skill set.

Overview

Being 'IT literate' is almost taken for granted now. In today's organisations however, it is just as important, arguably even more important, to be 'Finance literate'. Our programme enables participants to become familiar with the financial processes within a business so that they can understand what Finance Staff are talking about and also use financial tools to help in their decision making processes. Our trainer has an extensive background in Accounting and Banking. She has an enviable reputation as a 'business builder' and is in demand as a Non-Executive Director.

Outcomes

At the end of this training programme participants will be able to:

Understand the need for budgeting and learn ways of planning a budget
Identify the different costing methods used in finance
Be familiar with the key accounting documentation used in business
Understand the difference between solvency, liquidity and profitability
Prepare a simple cash flow, profit and loss account and balance sheet
Communicate with colleagues and commercial contacts effectively
Understand how one’s decisions may affect the profitability of the organisation
Prepare a simple cash flow, profit and loss account and balance sheet

Content

The programme takes the form of a participative workshop with the use of practical exercises and a Video Arts video to reinforce the training.

Pre-Course Work

None

DURATION: 1 Day

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