{"id":3708,"date":"2020-12-24T09:17:45","date_gmt":"2020-12-24T09:17:45","guid":{"rendered":"https:\/\/www.lbtc.co.uk\/?post_type=course&#038;p=3708"},"modified":"2024-10-15T18:42:49","modified_gmt":"2024-10-15T18:42:49","slug":"afb101ax","status":"publish","type":"download","link":"https:\/\/www.lbtc.co.uk\/course\/afb101ax\/","title":{"rendered":"Accounting and Finance Essentials for Managers Workshop"},"content":{"rendered":"<h2>Overview<\/h2>\n<p>This training workshop is for anyone needing a basic understanding of business finance and insights into operational decision-making.<\/p>\n<h2>Agenda<\/h2>\n<h3>Importance of Financial Management<\/h3>\n<ul>\n<li>The elements of financial management<\/li>\n<li>Key accounting terms and terminology<\/li>\n<li>How cash and profit differ<\/li>\n<li>The two main financial reporting statements: the income statement and the balance sheet<\/li>\n<\/ul>\n<h3>Measuring Financial Success<\/h3>\n<ul>\n<li>Measuring management success<\/li>\n<li>Measuring risk and return<\/li>\n<li>The importance of cash flow and working capital<\/li>\n<li>Budgeting and budgetary control<\/li>\n<\/ul>\n<h3>Managing Financial Resources<\/h3>\n<ul>\n<li>The importance of cost behaviour<\/li>\n<li>Cost management<\/li>\n<li>Opex and Capex<\/li>\n<li>Break-even analysis<\/li>\n<\/ul>\n<h2>Target Audience<\/h2>\n<p>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\u2019s financial position.<\/p>\n<h2>Learning Outcomes<\/h2>\n<p>Upon completion of this training workshop, you will understand:<\/p>\n<ul>\n<li>The relevance of finance to operational decision-making.<\/li>\n<li>The relationship between operational and financial measures.<\/li>\n<li>Why a deeper understanding of cost and cost behaviour can help operational staff.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Overview This training workshop is for anyone needing a basic understanding of business finance and insights into operational decision-making. Agenda Importance of Financial Management 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 Measuring Financial Success [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8218,"template":"","edd-categories":[771],"edd-tags":[],"subject":[13],"class_list":{"0":"post-3708","1":"download","2":"type-download","3":"status-publish","4":"has-post-thumbnail","6":"download_category-lbtc-course","7":"subject-accounting-finance-banking-courses","8":"entry","9":"edd-download","10":"edd-download-cat-lbtc-course"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Accounting and Finance Essentials for Managers training workshop | London, UK<\/title>\n<meta name=\"description\" content=\"Accounting and Finance Essentials for Managers training workshop with UK&#039;s premier training provider - London Business Training &amp; Consulting. 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