Course not currently available
Accounting and Budgeting for Managers
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Thank you for the great care and learning experience from all staff. Special appreciation to all the trainers and the great effort they put into the lessons. Bill puts in lots of effort and passion; Gerald has a wealth of experience and knowledge, and Geoff's lecturers were very good - detailed, relevant and very precise. Good execution, great talent. Thanks so much Aneta, Praveen, and Christina for the great customer service.
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Really very good - presenters = excellent / professional and patient with attendees - course was very useful to me and I have learnt a lot. Thank you to Christinas as well - very helpful. I hope to have the chance to come back to one of your classes one day!
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Short course
In London ()
Description
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Type
Short course
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Level
Intermediate
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Duration
1 Week
• Enable you to be able to interpret and apply financial information in a business environment
• Assist you to put together a budget enabling you to justify expected expenditure
• Develop skills of interpreting financial statements and calculating selected key ratios
• Enable you to measure budgetary performance
• Provide skills to enable you to conduct effective investment appraisals
About this course
• Those for whom finance is part of their responsibility and need a greater understanding of finance. They will be from all sectors, including private, public and not-for-profit including
• Those who are non-specialists in finance
• Budget holders who are responsible for creating and managing their department’s budgets
• Operations managers who want to know more about cost management and projects
• Senior sales and marketing employees who have to understand financial statements
• Senior managers who require greater financial literacy skills
• Managers facing financial decisions or expect to make a contribution to a wider planning process
Reviews
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Thank you for the great care and learning experience from all staff. Special appreciation to all the trainers and the great effort they put into the lessons. Bill puts in lots of effort and passion; Gerald has a wealth of experience and knowledge, and Geoff's lecturers were very good - detailed, relevant and very precise. Good execution, great talent. Thanks so much Aneta, Praveen, and Christina for the great customer service.
← | →
-
Really very good - presenters = excellent / professional and patient with attendees - course was very useful to me and I have learnt a lot. Thank you to Christinas as well - very helpful. I hope to have the chance to come back to one of your classes one day!
← | →
Course rating
Recommended
Centre rating
Priscilla Macharia
Laurence Bovey-Rohart
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 15 years
Subjects
- Financial
- Financial Training
- Investment
- Public Sector
- Public
- Interpreting
- Financial Accounting
- Management Accounting
- Accrual Accounting
- Budgeting
- Financial statements
- Income Statement
- Balance Sheet
- Liquidity
- Debt
- Investment Appraisal
- Budgeting Processes
Course programme
Concepts and Principles
Financial accounting and management accounting – the differences
· Cash and accrual accounting compared and when they are used
· International accounting standards – formats and content
· The distinctive character of public sector accounting and budgeting
Interpreting Financial Statements
· The income statement (P & L) statement, format, content and key concepts
· Interpretation of key ratios derived from the income statement; P/E ratio, Profit margin
· The language and major components of the balance sheet
· Business ratios derived from the balance sheet and P & L together, liquidity, debt, profitability, etc.
Investment Appraisal
· Defining the value generated and the required return – the hurdle rate
· Return on capital employed – calculation methodology and interpretation
· Payback period calculations
· NPV and IRR calculations
· Non-financial aspects of investment appraisal and decision making
Essential Budgeting Processes
· Purpose and benefits, problems and limitations of capital and operational budgets and the important differences
· Budget processes in the private sector
· Budget processes in the public sector
· Identification of risks to the budget and actions to mitigate them
Measuring Financial Performance
· What is financial performance?
· Financial performance in the public sector
· The importance of cash flow – how to measure and improve it
· Gross profit, operating profit, net profit margin
· Key investor ratios
Accounting and Budgeting for Managers