Financial management

Overview

This 2-day course looks at financial systems and controls the role of the non-financial person in managing and reporting finances.

By the end of the course you will be able to:

  • Understand the information contained in the Balance Sheet and Profit & Loss statement
  • Understand costing concepts and how to apply them
  • Understand budgeting and forecasting concepts and how to apply them

Content

  • Introduction to Balance Sheet and Profit & Loss
    • What is recorded on the Balance Sheet
    • What is recorded on the Profit & Loss statement
  • Cash flow versus Profit
    • Cash flow statement
    • Comparing cash flow and accounting profits
    • How to influence cash flow
    • Managing TWC (Trade Working Capital)
  • Analysing financial information
  • Forecasting
    • Profit & Loss
  • Costing
    • Costing concepts
    • Costing techniques
    • Types of costing
  • Budgeting
    • Budgeting concepts
    • Budgeting process
    • Types of budgets
    • Managing budgetary variations
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    Or call us on: +44 (0)20 3056 1156 to discuss your needs.

    Download course details (pdf)

  • Sources of finance
    • Identifying sources of finance
[Delegates can complete a written assignment to gain a CMI Level 5 Award in Management & Leadership.] Share This:

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