Finance for Non-Financial Managers with Rosemary Freeman ACA .CTA
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This course is designed for managers whose primary roles are not in finance but who require a better understanding of finance and the terminology adopted by accountants. It will help you to understand the financing and use of money in a business and includes:
How money moves around a business.
An explanation of accounting jargon including capital, revenue, reserves, gearing, fixed assets, debtors, creditors.
The working capital trap.
This course will allow you to explore the need for Financial Information, including:
A look at the profit and loss account and what it means.
Assets and Liabilities
The fundamental accounting concepts used in preparing the accounts.
The problem of stock and depreciation.
A look at the Balance Sheet and what it does and doesn't tell us.
The importance of cash availability - A look at the cash flow forecast and budgeting and preparing for growth.
The difference between profitability and solvency.
If you want to be able to understand financial Jargon, read a Balance Sheet, produce a cash flow forecast and a profit loss account, then this is the course for you.