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Date/Time
Date(s) - 05/03/2018
2:30 pm - 4:00 pm


How attendees will benefit
Attendees will gain:

  • An understanding and appreciation of the role of finance
  • How to interpret and use a set of accounts in order to manage and improve profitability
  • A broad overview of key financial terms and why they are relevant to you and your business

Who should attend
Directors or senior managers wanting to gain a greater understanding of how to interpret and use financial systems and reports to making decisions that affect the business and its performance.  Also potentially beneficial to acquirers hoping to gain a greater understanding of what to look for in prospective targets.

What attendees will learn

  • Book-keeping versus management accounting
  • Key elements of management accounts
  • Why it is useful in the day to day running of business
  • Overview of profit and loss account
  • Difference between income, billings and cash
  • Overheads – what are they and what is included
  • Difference between overheads and capital – purpose of depreciation
  • Key elements affecting profitability
  • Under / over servicing and reporting options
  • Cashflow management
  • Debtor management
  • Key elements of annual financial statements
  • Difference between Statutory Financial Statements and management accounts
  • Work in progress and advanced billings
  • Overview of the balance sheet
  • Key ratios

Materials
Attendees will receive the comprehensive course presentation.

Trainer: Francesca Rose

Bookings

Bookings are closed for this event.