In many organisations today, operational managers have been made more financially responsible for their areas, and therefore need to get more involved with a wide range of financial information.

This 2 day course aims to demystify the financial function and explain the different elements of accounting reports in a clear, practical and understandable manner.

Key areas that will be covered in this intensive course include:

1. Comprehensive Introduction to Financial Terms, Accounting Methods and the Jargon and Language of Accounting
2. Understanding Balance Sheets, Income and other Financial Statements and learning to draw conclusions, identify trends and highlight problems
3. Becoming familiar with the make up of Costs and Costings, allowing a better level of control over them
4. Analysing the effect of Pricing on Profitability and looking into the effects of Pricing Strategies
5. Reading and understanding Cashflow Statements, and the importance of Working Capital on the success of a business
6. Discovering how to Prepare, Manage and Monitor Accurate Budgets and Forecasts
7. Using your increased Financial knowledge to improve the quality of your business decisions

This highly intensive 2-day course, “Working with Finance, Accounts and Budgets”, has been developed by CBM Training with the aim of providing non-financial managers with the basics of finance necessary to function optimally within an increasingly financial environment.

By understanding the financial language of accounts, delegates will be able to grasp what financial information Balance Sheets and Income Statements really reflect, how to spot potential problems quickly by analysing Cash Flow and how to gain a firmer control over your costs. The course will also provide an overview of what accountants do, and how to read and understand all the reports that they generate.