This
course
will
give
a
comprehensive
review
of
the
financial
management
of
a
business
from
the
mechanics
of
how
to
prepare
a
set
of
accounts
to
the
evaluation
and
analysis
of
management
information
and
how
to
utilise
financial
information
in
the
decision
making
process
of
a
business.
Participants
will
be
supplied
with
comprehensive
documentation
including
course
notes,
case
study
analysis
and
questions
and
answers.
The
course
consists
of
formal
lecture
sessions,
individual
and
class
exercises,
case
studies
and
discussion
groups
and
will
be
completed
over
a
period
of
3
days.
Objectives
To
provide
participants
in
non-financial
management
positions,
with
an
understanding
of
financial
management
and
the
applications
of
accounting
to
the
management
of
a
business.
Who
Should
Attend?
Those
managers
and
senior
staff
who
require
a
knowledge
of
the
financial
management
tools
of
a
business
and
how
financial
information
can
be
used
to
gain
a
better
understanding
of
business
and
help
in
the
decision
making
process.
The
course
will
improve
the
delegate's
ability
to
develop
business
plans,
manage
budgets,
understand
the
financial
implications
of
day-to-day
decisions
and
communicate
with
senior
management.
Course
Content
Financial
Statements -
(Profit
&
Loss
Account,
Balance
Sheet)
-
Book-keeping
-
Nominal
Ledger
-
Cut-Off
Accounting
-
Measurement
-
Analysis
of
Profit
and
Loss
Account
-
Balance
Sheet
Interpretation
of
Accounts -
Key
Ratios
-
Gross
Profit
-
Sales
Growth
-
Operating
Expenses
-
Net
Profit
-
Working
Capital
-
Gearing
Management
Accounts -
Contribution
Analysis
-
Divisional
Reporting
-
Profit
Centres
-
Variance
Analysis
-
Month
and
Year
to
Date
Reports
Budgeting
&
Financial
Control -
Profit
Forecasting
-
Funding
Requirements
-
Actual
Versus
Budgeted
Figures
-
Methods
of
Budgeting
-
Resource
Allocation
-
Periodic
Reporting
and
Updating
Financial
Analysis
for
Decision
Making -
Monthly/Weekly
Reports
-
Contribution
Analysis
-
Breakeven
Analysis
-
Profitability
by
Division
-
Debtor
and
Creditor
Analysis
-
Stock
Management
Business
Finance -
Raising
funds
-
Methods
of
Finance
-
Short/Long-term
Finance
-
Dealing
with
Financiers
How
to
Review
&
Evaluate
a
Business
in
Financial
Terms
&
Investment
Decisions -
Commercial
Viability
-
Return
on
Capital
Employed
-
Payback
-
Profitability
-
Solvency
