Sustaining Effective Financial Control - Virtual Training
Short course
Online
Description
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Type
Short course
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Methodology
Online
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Duration
1 Day
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Start date
Different dates available
This Sustaining Effective Financial Control course is a one-day workshop style course which will demonstrate how, by accessing the correct financial information, you can sustain the financial health of your company and improve profitability and cash flow. The course is designed for busy profit responsible or cost centre managers.
Facilities
Location
Start date
Start date
About this course
"the information needed to maintain effective financial control
understand key measures of financial performance
actions to improve the profitability and cash flow of your business"
Reviews
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 13 years
Subjects
- Financial Training
- Financial
- Cash Flow
- Finance
- Planning
- Cash Flow Statement
- Assets
- Financial Reports
- Financial Terminology
- Financial implications
- Non-Finance Manager
- Liabilities
- Finance Department
Course programme
9.30 - 9.45 Coffee & course objectives
9.45 - 10.30 What information is needed:
- time frame
- format
- accuracy
10.30 - 11.15 Reading your profit and loss account
- what it tells you
- what it doesn't tell you
- applying ratios and measures of performance
- benchmarking against your competitors
11.15 - 11.30 Coffee break
11.30 - 12.45 Actions to improve profitability
- fundamentals of costing
- knowing your break even point
- understanding how costs may vary with sales
- key measures of efficiency and productivity
- identifying your key performance drivers
- using budgets; dealing with variances
12.45 - 13.30 Lunch Break
13.30 - 14.30 Understanding your Balance Sheet
- what it tells you - how much is invested
- what it doesn't tell you
- identifying working capital
- applying ratios and measures of performance
14.30 - 15.30 Managing working capital
- stock management
- debtors and credit management
- creditors and other payments
15.30 - 16.15 Managing your cash resources
- understanding cash flow forecasts
- profit v. cash
16.15 - 16.30 Action plans - what will you do now?
"Sustaining Effective Financial Control - Virtual Training