Managing Finance

An excellent all-round understanding of the importance of finance has become an essential ingredient in the modern manager's skillset.

 

This programme aims to provide new and existing managers with the financial knowledge required to plan, monitor and grow their business. In particular:

• Understanding the information held on management accounts.
• Interpreting balance sheet information.
• Monitoring and impacting on Key Performance Indicators.
• Producing realistic business forecasts.
• Understanding and interpretation of budgets.
• Controlling credit and bad debts.
• Identifying, controlling and managing costs.
• Trouble shooting potential threats to the business.
• Identifying opportunities to grow the business.

Modules

• Introduction to Managing Finance
• The Profit and Loss Account
• The Balance Sheet
• Net Working Capital
• Cash Flow
• Credit Control and Bad Debt
• Balance Sheet Interpretation
• Understanding Management Accounts
• Business Planning
• Forecasting
• Budgeting
• Financial Interpretation and Key Performance Indicators