Course overview
This training workshop is for anyone needing a basic understanding of business finance and insights into operational decision-making. It will:
- show operational staff the financial consequences of their activities.
- demonstrate the combination of KPIs and regular management information is vital to an organisation’s operational success.
- explain how the finance function contributes to the effective use of resources.
What you'll learn
Upon completion of this training workshop, you will understand:
- The relevance of finance to operational decision-making.
- The relationship between operational and financial measures.
- Why a deeper understanding of cost and cost behaviour can help operational staff.
Study method
- Online
- Blended
- In-class
coursesonline.co.uk customers are now eligible to apply for an XO Student Discount Card.
Enrol in a course today to unlock exclusive deals.
Duration study load
- 3 days
Course features
- Management consultation service
- Paperless service delivery model
- Flexible open course schedule
Who's it for?
This training workshop is suitable for staff who wish to improve their understanding of how accounting and finance can help in their decision-making and how this impacts on the organisation’s financial position.
Subjects
- The elements of financial management
- Key accounting terms and terminology
- How cash and profit differ
- The two main financial reporting statements: the income statement and the balance sheet
- Measuring management success
- Measuring risk and return
- The importance of cash flow and working capital
- Budgeting and budgetary control
- The importance of cost behaviour
- Cost management
- Opex and Capex
- Break-even analysis
About London Business Training & Consulting
London Business Training & Consulting (LBTC) is a business and management training and consultancy service provider operating out of its head office in Hammersmith, West London. For over fifteen (15) years LBTC has catered for the learning & development needs of innumerable individuals and organisations of all sizes from all over the world.
Our customised approach to every management solution we deliver has afforded our clientele world-class business performance. As a result, LBTC benefits from regular re-engagement by our clients year after year, or every time they encounter a business challenge that is seemingly insurmountable.
