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Business Friendly Finance - Half Day (am)


Practical Training for Professionals

Summary

Price
£228 inc VAT
Study method
Classroom
Duration
Part-time
Qualification
No formal qualification
CPD
6 CPD hours / points

13 students enquired about this course

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Location & dates

Location
Address
Somerset House
Temple Street
BIRMINGHAM
West Midlands
B25DP
United Kingdom
Address
EEF Venues
Clifton Down
Bristol
Avon
BS83NB
United Kingdom
Address
Cheadle House
Cheadle Royal Business Park
Cheadle
Cheshire
SK83FS
United Kingdom
Address
&Meetings
150 Minories
City of London
London
EC3N1LS
United Kingdom

Overview

Business Friendly Finance - Half Day (am) - 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 Value 3 Hours

CPD

6 CPD hours / points
Accredited by Approved By Law society

Description

Business Friendly Finance - Half Day (am) - 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) - 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

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