Knowledge: the edge in business
Working with Business owners
to Build Better Business
Knowledge Business Systems - Financial Fundamentals

Financial Fundamentals: An Introduction

  

Primary Objectives

On completion of the Financial Fundamentals: An Introduction course, participants will have an understanding of the essentials required to operate and manage the accounting function for a business. This will enable them to analyse and manage performance of the accounting function, improve the basis of decisions made and be in a position to question and challenge accounting information as presented.

 

The course is fully participative and the opportunity is taken to “learn by doing” This enables participants to analyse and review accounting records for their own business.

 

Financial Fundamentals: An Introduction is developed specifically for Business Owners, Directors and Managers who have not previously had the benefit of any formal business training, particularly with regard to the finance fundamentals.

 

Each Financial Fundamentals: An Introduction course is amended and customised so that it best meets the needs of the host group. Participants are encouraged and expected to develop and use their own material so that the skills learned and developed are of maximum benefit and application.

 

The ideal number of participants ranges from eight to twelve, though larger and smaller groups can be catered for. Course Duration is one day. Courses can be run on or off site as required.
 
Financial Fundamentals: An Introduction:  Course Content
Basics with the Customers (Sales & Debtors)
 
  • Invoicing, Credit Notes & Statements.

  • Sales & Debtors Control.

  • Credit Control & Debt Collection.

Basics with the Suppliers (Purchases & Creditors)

 
  • Invoicing, Credit Notes & Statements

  • Purchases & Creditors Control.

  • Credit Control & Debt Collection.

Basics with the Banks (Cash Management)
 
  • Receipts & Lodgements.

  • Payments.

  • Recording & Reconciliation.

Accounting & Financial Statements

 
  • Profit & Loss Account.

  • Balance Sheet

Understanding Cash Flow.

 
  • Cash versus profit.

  • Cash generated from operations.

  • Sources and uses of Funds.

Financial Ratio Analysis.

 
  • Profitability.

  • Financial status.

  • Efficiency.

Budgets and Planning.

 
  • Breakeven analysis.

  • Budgeting process.

  • Contribution and profit.

  • Matching assets and funding.

If you wish to learn more, or to develop a proposal on the Financial Fundamentals: An Introduction course to meet your specific needs please call 01 8439114 or email gyb@knowledge.ie
  

Other Management Development Courses & Workshops include:

 

Growing Your Business

Management Skills for the Business Owner: Development & Practice

Cashflow Management

Finance for the non-Financial Manager

Presentation Skills

Time Management Skills

 
© 2012  Knowledge Business Systems   Designed by Marajon  

Knowledge Business Solutions - Finance for the Non-Financial Manager