Importance of Financial Management

This training workshop will show operational staff the financial consequences of their activities.

• The elements of financial management
• Key accounting terms and terminology
• How cash and profit differ
• The two main financial reporting statements: the income statement and the balance sheet

This training workshop is suitable for staff who wish to improve their understanding of how accounting and finance can help in their decision-making and how this impacts on the organization’s financial position.

Upon completion of this training workshop, you will understand:

• The language of financial management.
• The difference between making money and managing money.
• The components of the key financial statements.