Reporting and Budgeting
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Thank you or the warm reception and hospitality. The trainers / facilitators were experienced professionals with good delivery. I found the training programme very refreshing and hope to apply the knowledge gained at my workplace. I am happy that LCT was able to attract a mix of participants from different countries and backgrounds. I look forward to attending some other LCT programmes in the years to come.
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Everything excellent. Thank you for everything.
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Well-organised programme... Good job!
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Course
In London
Improve your effectiveness in the management of finances in your organisation!
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Type
Course
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Location
London
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Start date
August
other dates
Improve your effectiveness in the management of finances in your organisation or department with this Reporting and Budgeting Course, organized and imparted by London Corporate Training.
The training aims to give its delegates the necessary tools to describe the major concepts underpinning accounting and finance, and to interpret and apply financial information in a business environment.
They will also be capable of putting together a budget, assessing budgetary performance and conducting effective investment appraisals.
If you are interested in joining this educational experience, ask more details through emagister.co.uk.
Facilities
Location
Start date
Start date
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
-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 or the warm reception and hospitality. The trainers / facilitators were experienced professionals with good delivery. I found the training programme very refreshing and hope to apply the knowledge gained at my workplace. I am happy that LCT was able to attract a mix of participants from different countries and backgrounds. I look forward to attending some other LCT programmes in the years to come.
← | →
-
Everything excellent. Thank you for everything.
← | →
-
Well-organised programme... Good job!
← | →
Course rating
Recommended
Centre rating
Dominic Nwikobe
Rafiah Rafaa Albusaid
Kwabena Gyan Kwakye
Khalifa Ramadhan Aljadjali
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
- Interpreting
- Budgeting
- Investment
- Financial
- Public
- Public Sector
- Financial Training
- Finance
- Finance strategy
- Finance Managers
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
Reporting and Budgeting