Understanding Finance Accounts and Budgets -for Non-Financial Directors and Managers of small businesses

Training Provided by Executive Solutions Ltd This interactive one-day workshop will provide managers, directors or other key decision makers from a nonfinancial background running small or medium size businesses with practical exercises and simple techniques to increase their understanding of financial information, accounts and budgeting so they feel comfortable asking probing questions about financial information for their own business or their competitors. This workshop is ideal for: a Small business owners, managers or other key decision makers from non-financial backgrounds or those who do not feel comfortable/ confident asking probing questions about accounting and finance - the language of business. a Key decision makers who are keen to increase their understanding of accounting and finance and welcome practical hands on training to help them to demystify the jargon that surrounds these topics. What is the Workshop all about? a Understanding Your Accountsa a in which participants prepare hands on a set of final accounts so that they can understand: a the structure and underlying principles of a P&L Account and a Balance Sheet. a the difference between a P&L Account and Balance Sheet. a how profit -gross and net - is calculated. a the significance of the concept of breakeven. a the difference between P&L Account and Cash-flows using a reconciliation technique. This may sound technical BUT once you have prepared these accounts the mystery disappears and clarity prevails even for those who have felt that this subject is out of their league. The workshop is nothing like the usual a Accounting for Non Accounting Managers/ Staffa courses which are usually about large companies. The focus here is on the needs of business owners to understand and be aware of the key financial figures affecting THEIR business.

Understanding Finance Accounts and Budgets -for Non-Financial Directors and Managers of small businesses Financial and accounting reports for small businesses
one-day workshop (29 July 2009)

Location: Central London

The key financial statements Profit and loss Accounts and Balance sheets

Demystifying the numbers preparing , understanding and reviewing Profit and Loss Accounts and Balance Sheets.
The relationship between profits, cash flow and working capital
Why regular financial information can improve business performance
Budgeting - how to prepare or improve your budgeting
Budgeting as a motivational tool
Scorecards for business success -creating your business scorecard

Cost: 300 (includes workbook, lunch, refreshments)

About The Training Provider: Executive Solutions Ltd

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