Financial statements contain vital information about the organisations operating results, and it’s essential that you are able to understand and interpret this info. You have to know where your firm is excelling, and where there are opportunities for improvement. Using, understanding, and interpreting this information will ensure you make much better business decisions.
This CPD certified 1-day course will take you through the essentials of financial management, will give you an understanding of financial terminology, how to prepare and manage budgets effectively, how read and analyse accounts and statements, and most importantly how this information should be used in your decision-making. Attendees will leave this training course with a better understanding of the basic principles of business finance and become more confident in addressing and understanding matters of a financial nature.
- Accounting principles and financial reporting
- Understanding common financial terminology
- Essentials of effective book-keeping
- Interpreting Balance Sheets and Cash Flow Statements
- Interpreting financial statements – ratio analysis, breakeven analysis, cost accounting, working capital, cash flow forecasting
- The components of a good business plan
- Profit & Loss Accounts
- Evaluating the companies’ performance
- Managing cash-flow
- The difference between cash flow and profit
- Costing for decision making
- Budgeting for the future
Who should attend?
This MasterClass has been designed for managers and executives with responsibility for managing budgets, company directors with limited or no financial background or entrepreneurs with little or no previous financial experience. The course would also be beneficial to those in accounting who are looking to update or refresh their knowledge and habits.
On completion you will receive your CMG MasterClass Certificate of Attendance as well as your CPD Certificate containing 5 Structured CPD Points. Please note certificates are issued only at the close of the training course to participants who complete the full 5 hours.
This course costs €365 (Early-bird) normal rate is €395. Includes course documentation and light refreshments. While the course fee does not include lunch, we do provide freshly made sandwiches, coffee and a range of teas and fresh juice for those who require a light lunch. Alternatively you can avail of the local food stores and coffee shops opposite the training centre for hot food or alternative lunch options.