Accounting and Finance Essentials for Managers training Workshop

Description

This training workshop is for anyone needing a basic understanding of business finance and insights into operational decision-making.

What you will learn

Importance of Financial Management

• The elements of financial management
• Key accounting terms and terminology
• How cash and profit differ
• The two main financial reporting statements: the income statement and the balance sheet

Measuring Financial Success

• Measuring management success
• Measuring risk and return
• The importance of cash flow and working capital
• Budgeting and budgetary control

Managing Financial Resources

• The importance of cost behaviour
• Cost management
• Opex and Capex
• Break-even analysis