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Understanding Finance - 9th December 2022

Classroom based course with study materials and tutor support

Challenge Training and Consultancy Limited

Summary

Price
£264 inc VAT
Finance options

Bacs, Cheque or paypal
Study method
Classroom
Duration
1 day · Part-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Location & dates

Location

Address
Challenge Consulting
Nottingham Road
NOTTINGHAM
Nottinghamshire
NG146EH
United Kingdom
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Overview

In order to be successful we need to understand our business finances. Without this understanding we are unable to plan or make effective decisions. This course will provide an overview of the most common financial terms and provide techniques to help you to understand and control your finances.

Resources

Description

Content

By the end of the course, delegates will:

  • Have undertaken a “jargon buster” and understand key financial terminology.
  • Be able to interpret a profit and loss account and balance sheet, identifying key areas of interest.
  • Recognise the importance of cashflow and be able to create a cashflow forecast
  • Know what “breakeven” means and recognise it’s importance to business operations
  • Know what questions to ask when creating and working to budgets including an awareness of cost behaviours.

A workshop style of delivery will ensure opportunities to discuss ideas and share experiences to aid understanding.

Who is this course for?

Anyone who needs to explain financial and accountancy jargon in plain English and to highlight they key areas of interest to enable effective planning and decision making.

Requirements

None

Questions and answers

Certificates

Certificate of completion

Digital certificate - Included

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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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