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Asset Turnover

ILX Group

Summary

Price
£30 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification

Overview

Business Acumen is not just fluency in the language of finance, it is the ability to read, understand and interpret financial information to make informed business decisions. Decisions that will positively impact on the financial performance of the organisation.

Description

Understand why and how RONA is the integrated measure of operating performance for a business. Learn how to apply RONA analysis to specific business situations. Use the RONA flow chart model to analyse a specific business situation in your own business.

BENEFITS
Delegates will:

  • Understand how business decisions impact organisations’ financials and key performance indicators
  • Be confident in financial discussions – gain financial fluency and understand terminology and concepts
  • Understand the drivers of your profit and loss account, and the inter-relationship of the financial statements
  • Be able to differentiate between profit and cash flow
  • Develop superior cost management skills and understand how to conduct effective investment appraisals
  • Understand the implications for planning and reporting in the listed company environment

Who is this course for?

This course requires no prior knowledge or experience and is designed for non-financial managers at all levels. It is ideal for:

  • Project managers
  • IT and service support managers
  • Sales executives/consultants and new graduates

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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Similar subjects: Finance, Accounting and finance
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