Understanding Basic Accounting & Finance (Part 2)
| Code |
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FA |
| Objective |
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To provide an understanding of key financial issues in business organizations and framework for basic analysis of business performance indicators |
| Upon Completion |
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You will learn to
- Understand the financial statements, from concepts to how to use financial information
- Translate cost and revenue relationships to business operations
- Use financial analysis skills in assessingbusiness performance
- Accept financial skills as a business tool in measuring business viability
- Differentiate Profits from Ca$h - bringing reality to managing finance
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| Audience |
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Participants are likely to be non financial executives with cost center or profit center responsibilities. |
| Methodology |
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Participants would be led by a combination of topical introductions with situation analyses and self discovery exercises. |
| Duration |
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2 days Check our next available class HERE |
Sypnosis
In current business environment, managing financial resources has become a critical management issue for all managers and executives. Managing business under various constraints and ever-rising costs leads us to leverage on financial skills, resources management, and financial information in driving business performance indicators. When you well know why financial skills is important, acquiring them is the first step in applying the finance concepts relevant to your business operations. Let us take you through these 2 days – bringing you from little or zero financial skills to achieving basic financial competencies. This programme serves as a forum in developing ‘business senses’ in managing cost and cash flow consciousness relevant to your business.
Course Outline
| I. |
I. Understanding company performance
a. Structure and content of the income statement
b. Structure and content of the balance sheet
c. Structure and content of the cash flow statement |
| II. |
II. Business profitability
a. Definition of profitability
b. Return on investment
c. Measures of profitability |
| III. |
III. Financial condition
a. Liquidity and cash flow
b. Solvency
c. Asset management |
| IV. |
IV. Cash Flow Performance
a. The relationship of Cash & Profits
b. Sources of Cash Flow
c. Cash Flow Strength
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Register online by clicking HERE
Downloads
Registration Form
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