Essentials of Business Finance

Overview
Course Outline
Scheduled Dates

Course Overview

Every part of day-to-day business life has a financial implication and for employees to be successful, it is vital that they understand the financial effects of their roles, their actions or their lack of action. This programme will give you an understanding of the importance of finance in business, by examining:

The recording of financial data
The presentation of financial data, both internally and externally
The use of financial data to understand and manage the business
The purpose and implementation of the planning and budgeting process

Objective:

Understand the way in which financial information is collected, organised and classified within the financial systems of the organisation
Learn a range of financial analysis skills for enhancing and interpreting the financial data of the organisation
Understand how planning and budgeting can assist managers in business, and appreciate why many organisations are replacing budgeting with other management models

Course Outline

Day 1: Financial Fundamentals

Accounting as an information system
Sources of financial data
Who uses financial information?
Understanding the role of financial data in business operations

Day 2: Using Financial Information to Tell a Story About the Business

The importance of profit: Profit and Loss Account
The importance of cash: Cash Flow Statement
Understanding the difference between profit and cash
The Balance Sheet: what it reveals about the business

Day 3: Using Financial Information to Manage the Business – Part 1

Managing working capital
Financial analysis tools and techniques
Interpreting financial statements to make informed decisions
Key performance indicators (KPIs) for financial health

Day 4: Using Financial Information to Manage the Business – Part 2

Understanding product costs
Breakeven analysis for decision-making
Cost allocation and pricing strategies
Analysing the financial impact of operational decisions

Day 5: Planning and Forecasting

Constructing and understanding a budget
Beyond traditional budgeting: alternative management models
Capital budgeting and investment decision-making
Forecasting financial performance and its importance

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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London

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London

$5,300

Duration: 5 Days

date: 09 - 13 Jun 2025

Popular

London

$5,300

Duration: 5 Days

date: 29 Sep - 03 Oct 2025

Finance and Accounting

Essentials of Business Finance

Duration:5 Days

date:09 - 13 Jun 2025

London

$5,300

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