Introduction
Business professional need to understand the financial factors critical to business success. This interactive seminar will show how finance works in today’s fast-moving business environment. For any business the key elements of profitability, liquidity and financial structure are critical to continuing success and competitiveness. So these three elements are comprehensively explored and developed at all levels of business activity. You will learn about the accounting processes of recording and reporting business transactions and how these are summarised as periodic financial reports, in accordance with statutory requirements. You will also learn financial reports are analysed and by a variety of user groups
The seminar also has an inward focus, and will explain why management accounting is essential to business survival, and success. It will show how budgeting can control costs and improve profitability. It will also explain and develop tools and techniques for evaluating proposed new investment projects. The seminar will enable you to understand the business from both a financial and strategic perspective, and how business decisions will impact on corporate profitability.
Highlights of the seminar:
Objectives
Having completed this seminar you should be able to:
Training Methodology
This interactive seminar will comprise a range of learning activities, including tutor presentations, with question and answer opportunities, demonstration and practice of analytical techniques, group exercises and discussions, using case studies and current company and market information sources. Whilst the theoretical background to financial management will be explained and justified, the main emphasis will be on putting these into a real world context by providing a practical ‘toolkit’ of financial techniques.
Organisational Impact
What will your organisation gain from sending employees to attend this seminar?
Personal Impact
Participants will be able to further develop their personal management skills by being:
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