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Business Friendly Finance - Half Day (am)- Virtual Training
Practical Training for Professionals

Summary

Price
£228 inc VAT
Study method
Online + live classes
Duration
3 hours · Full-time
Qualification
No formal qualification
CPD
3 CPD hours / points
CPD What's this?
Additional info
  • Tutor is available to students

Overview

This course is aimed at non financial managers and others in positions where an understanding of finance will help them be more effective in their main role. It is designed to demystify financial jargon and introduce the key financial statements, how to interpret them and how to use them to obtain essential business information.

The course then moves to areas which are most likely to be used frequently by delegates: How to work out cost and profit, how to plan and measure budgets, how to establish true costs to maximise profit, and finally options for price setting in order to achieve company objectives.

The course aims to give delegates a practical knowledge of finance which will help them make more informed decision and be conversant with areas of financial theory which can be used in their daily activities.

CPD

3 CPD hours / points
Accredited by Approved by Law Society

Description

Business Friendly Finance - Half Day (am)- Virtual Training - Timetable

09:00 – 9:30 Coffee and Course Introduction

09:30 – 10:30 Finance In The Business Context

10:30 – 11:15 Reading and Understanding Financial Reports

11:15 – 11:20 Using Financial Data: Essential Business Ratios

11:20 - 11:35 Coffee break

11:35 – 11:55 Establishing Profit and Cost

11:55 - 12:15 Planning and Budgeting

12:15 - 12:45 Making a Profit, Working Out True Cost. Effective Pricing

12:45 Summary, Questions and Plans

Business Friendly Finance - Half Day (am)- Virtual Training - Benefits

  • A firm understanding of finance and how it can be used by managers in non – financial roles.
  • Explanation of key financial statements and practice using the information they contain.
  • Techniques for assessing true cost and developing profitable pricing strategies.
  • Practical advice on using financial information for internal management and reporting

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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