Business professionals need to understand the financial factors critical to business success. This course will show how finance works in today’s fast-moving business environment. For any business the key elements of profitability, liquidity, and financial structure are critical to continuing success and competitiveness. So these three elements are comprehensively explored and developed at all levels of business activity.
You will learn about the accounting processes of recording and reporting business transactions, and how these are summarised as periodic financial reports following statutory requirements. You will also learn how these financial reports are analyzed by a variety of user groups.
This seminar also has an inward focus, and will explain why management accounting is essential to business survival, and success. It will show how budgeting can control costs and improve profitability. It will explain and develop tools and techniques for evaluating proposed new investment projects. This training course will enable you to understand the business from both a financial and strategic perspective and how business decisions will impact on corporate profitability.
At the end of this course the participants will be able to: