- Payment Terms: Enquire
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Overview
Every part of day-to-day business life has a financial implication and for employees to be successful it is vital that they understand the financial effects of their roles their actions or their lack of action. This programme will give you an understanding of the importance of finance in business by examining:
The recording of financial data The presentation of financial data both internally and externally The use of financial data to understand and manage the business The purpose and implementation of the planning and budgeting process
Finance in a business is very important it's what makes or breaks a business. All business' need to consider finance for many purposes from survival in bad times to the next success in good times. No matter how well a business is doing it's essential to have financial plans in place for those rainy days. In an increasingly globalised and competitive world businesses rely on using cash reserves to fund their business projects. London TFE offer Finance courses in London where an individual will understand the concept of money. This course focuses on the principles of finance how to apply it in a business and be able to manage unexpected financial situations with ease. Also acquire skills in structuring and analysing financial problems and evaluate investments for a business.
Objective
Understand the way in which financial information is collectedorganised and classified within the financial systems of the organisation
Learn a range of financial analysis skills for enhancing and interpreting the financial data of the organisation
Understand how planning and budgeting can assist managers in businessand appreciate why many organisations are replacing budgeting with other management models
Who Should Attend
If you have responsibility within your organisation for profit, control of cost or capital investment, or are responsible for any element of financial control within your organisation, this programme will be highly relevant to you.
Course Outlines
Day 1 - Financial fundamentals
Accounting is an information system
Where do we get the information from?
Who uses the information?
Day 2
Using financial information to tell a story about the business
The importance of profit - the Profit and Loss Account
The importance of cash
the Cash Flow Statement
Why profit and cash are not the same
The Balance Sheet
what is it designed to tell us?
Day 3
Using financial information to manage the business
part 1
Working Capital Management
Financial Analysis and Interpretation
Day 4 - Using financial information to manage the business
part 2
Product Costs
Breakeven analysis
Day 5
Planning and Forecasting
Constructing a budget
Beyond budgeting
Capital budgeting
About London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
Enquire about this course
You may add more courses here,
your list will be saved.