Overview
Creating and maintaining organisations wealth is a fundamental consideration in today's complex and fast-paced climate. This module is for those who recognise the benefits of understanding how the financial side of organisations operates . An awareness of the financial impact of one’s actions and the actions of the team is critical . Participants will appreciate the need to achieve targets and budgets & how to forecast future demands and service levels
Why Attend?
Accounting is sometimes described as the language of business. To be effective, managers need to be financially literate. They do not need to be experts, but need to be able to interpret figures and understand what lies behind them. The fundamentals of finance can readily be grasped in 3 days, by which time managers will be equipped to perform their own jobs better, communicate better with their accountants and contribute better to the management team.
The course will improve the participants ability to develop business plans, manage budgets, understand the financial implications of day-to-day decisions.
Overview of Programme Aims
- To facilitate participants in non-financial management positions, with an understanding of financial management and the applications of accounting to the management of a business.
- To provide participants with a clear understanding of finance, how it affects the day-to-day operations of an organisation and its importance in the planning and decision-making processes.
- The programme is designed to provide the learner with understanding, knowledge and practical skills required to understand the basics of finance and how money works.
- To provide managers and decision-makers who do not possess a strong grounding in finance an understanding of their company’s financial paradigm.
- Participants will gain a detailed understanding of critical financial fundamentals and will as a result be able to communicate with financial practitioners with more confidence.
- Take a practical , pragmatic view point on money matters and translate the jargon , conventions and formats of accounting so that they become useful tools in every day language.
