Who is it for?
Anyone with responsibility for financial performance including general managers, department managers, technical specialists, proprietors/shareholders and others who require an understanding of basic financial principles and data.
The course is designed to help you to understand financial jargon and financial records.
The objective is to remove the mystery surrounding commercial financial information so that you can make a stronger and confident contribution to the operation of companies, departments, projects or teams.
You will be able to describe the flow of accounting information, the purpose and content of key accounting reports and understand their inter-relationships. You will learn about the meaning of accrual accounting, the importance of working capital and cash and the use of financial information to measure performance.
No matter what your technical background and skills, you need an appreciation of the essentials of finance in today’s difficult business environment. This course will help to give you the basic understanding of financial principles and terminology that every manager needs. The aim is to build confidence in working with accounting information as an essential management tool.