Finance For Directors
Course
In London
Description
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Type
Course
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Location
London
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Duration
2 Days
. Understanding of the terminology to enable a more strategic role in financial board discussions. Optimised productivity and profitability by managing your companyÂ's assets and costs . Better informed strategic business decisions based on P&L and balance sheet. Know-how to control fixed and variable operating expenses to maximise your bottom line. Suitable for: Executive and non-executive directors who need to improve their understanding of financial matters in order to make a more strategic contribution to the financial health of their organisation. It is aimed at senior managers who need to understand the strategic impact of financial decision making.
Facilities
Location
Start date
Start date
Reviews
Course programme
Who is it for
Executive and non-executive directors who need to improve their understanding of financial matters in order to make a more strategic contribution to the financial health of their organisation. It is aimed at senior managers who need to understand the strategic impact of financial decision making.
What is it about
· Understanding of the terminology to enable a more strategic role in financial board discussions
· Optimised productivity and profitability by managing your companyÂ's assets and costs
· Better informed strategic business decisions based on P&L and balance sheet
· Know-how to control fixed and variable operating expenses to maximise your bottom line
· Skills to use commonly accepted financial ratios to assess the health of your business
· An understanding of the difference between Management Accounts and Statutory Accounts what they say about your business
What will i get out of it
Finance is at the heart of any business and all directors need to be able to understand the terminology used, interpret financial statements and assess the health of their business through important key performance indicators. This course will provide the financial knowledge you need to drive business success.
Course overview
· Distinguish between statutory and management accounts
· How to put your ideas across in a manner and language that the chief executive and finance director will understand
· Calculate and interpret financial data
· Financing versus operating leases
· Off-balance sheet reporting
· The profit and loss account and the balance sheet
· Asset Management
· Cash flow forecast
· Budgeting with accuracy
· Contribution
· Break-even analysis
· Assessment of financial health
· Financial terminology
· Calculate and interpret key performance ratios
Finance For Directors