Finance and Accounting for Senior Managers
Equip yourself with one of the most important senior management business skills by learning how accountants see the world. It will make a huge difference to how you view your business and how you make your key strategic decisions. You dont need to be able to prepare accounts, but you do need to know what to do with the results.
This practical and comprehensive three-day CMBD course will explain some of those concepts you think you should know about, but dont yet. It will show you how to actually apply this knowledge when you get back to the workplace and possibly to your own personal finances.
Delivered by an experienced and highly qualified tutor, Finance & Accounting for Senior Managers covers accounting in a practical and understandable fashion. The focus is on obtaining and interpreting the correct information for your business or area of responsibility. You will cover the main financial reports that are produced as well as management accounting and financial accounting principles. The course will explain in detail how to use relevant information to control your business or organisation better and how to make more informed decisions.
What You Will Learn
Why financial information is required and how to check that you are measuring the right things for your business.
How to interpret accounts.
Which financial factors to consider in making decisions.
How to identify which of your products/services are most profitable and what to do about those which arent.
Why budgets are used.
How to use investment appraisal to choose between projects.
Whats more important than profit, and how to manage the most important resource in a business.
How to apply basic accounting concepts to your personal finances as well.