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Understanding Profit, Cash Flow and the Balance Sheet


Maguire Training

Summary

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

Overview

Aims

The delegate will learn about why a business needs a healthy cash flow and how the balance sheet is interpreted

Description

Key Learning Outcomes

By the end of this module the delegate can:

  • To be able to explain the meaning of profit and identify the different types of profit
  • To recognise the importance of businesses managing cash flow effectively
  • To understand the relationship between profit and cash in a business
  • To interpret the figures on a balance sheet

Who Would Benefit

This module will benefit anyone not in a finance role but seeking to understand these key aspects of the finance function.

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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.

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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.