Accounting and Budgeting for Managers

London Corporate Training
En London (Inglaterra)

£ 2,550 - ($ 68,819)
más IVA

Información importante

  • Short course
  • Intermediate
  • London (Inglaterra)
  • Duración:
    1 Week
  • Cuándo:
    24/04/2017
    otras fechas
Descripción

• Enable you to be able to interpret and apply financial information in a business environment
• Assist you to put together a budget enabling you to justify expected expenditure
• Develop skills of interpreting financial statements and calculating selected key ratios
• Enable you to measure budgetary performance
• Provide skills to enable you to conduct effective investment appraisals

Información importante
¿Esta formación es para mí?

• Those for whom finance is part of their responsibility and need a greater understanding of finance. They will be from all sectors, including private, public and not-for-profit including
• Those who are non-specialists in finance
• Budget holders who are responsible for creating and managing their department’s budgets
• Operations managers who want to know more about cost management and projects
• Senior sales and marketing employees who have to understand financial statements
• Senior managers who require greater financial literacy skills
• Managers facing financial decisions or expect to make a contribution to a wider planning process

Instalaciones

Dónde se imparte y en qué fechas

Inicio Ubicación
24 abril 2017
29 agosto 2017
11 diciembre 2017
London
3 Shortlands, Hammersmith, London, W6 8DA, London, Inglaterra
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¿Qué aprendes en este curso?

Interpreting
Budgeting
Financial Accounting
Balance Sheet
Investment
Financial
Public
Public Sector
Management Accounting
Financial Training
Debt
Financial statements
Investment Appraisal
Income Statement
Liquidity
Accrual Accounting
Budgeting Processes

Programa académico

Concepts and Principles

Financial accounting and management accounting – the differences

· Cash and accrual accounting compared and when they are used

· International accounting standards – formats and content

· The distinctive character of public sector accounting and budgeting


Interpreting Financial Statements

· The income statement (P & L) statement, format, content and key concepts

· Interpretation of key ratios derived from the income statement; P/E ratio, Profit margin

· The language and major components of the balance sheet

· Business ratios derived from the balance sheet and P & L together, liquidity, debt, profitability, etc.

Investment Appraisal

· Defining the value generated and the required return – the hurdle rate

· Return on capital employed – calculation methodology and interpretation

· Payback period calculations

· NPV and IRR calculations

· Non-financial aspects of investment appraisal and decision making


Essential Budgeting Processes

· Purpose and benefits, problems and limitations of capital and operational budgets and the important differences

· Budget processes in the private sector

· Budget processes in the public sector

· Identification of risks to the budget and actions to mitigate them


Measuring Financial Performance

· What is financial performance?

· Financial performance in the public sector 

· The importance of cash flow – how to measure and improve it

· Gross profit, operating profit, net profit margin

· Key investor ratios