Business professional need to understand the financial factors critical to business success. This interactive seminar will show how finance works in today’s fast-moving business environment. For any business the key elements of profitability, liquidity and financial structure are critical to continuing success and competitiveness. So these three elements are comprehensively explored and developed at all levels of business activity. You will learn about the accounting processes of recording and reporting business transactions and how these are summarised as periodic financial reports, in accordance with statutory requirements. You will also learn financial reports are analysed and by a variety of user groups
The seminar also has an inward focus, and will explain why management accounting is essential to business survival, and success. It will show how budgeting can control costs and improve profitability. It will also explain and develop tools and techniques for evaluating proposed new investment projects. The seminar will enable you to understand the business from both a financial and strategic perspective, and how business decisions will impact on corporate profitability.
Highlights of the seminar:
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The strategic and operational role of the Finance Function
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The principles of accounting and financial reporting
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How to understand and analyse financial reports
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How management accounting helps to maintain control and improve efficiency
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How we can ensure that investment returns meet the stockholders expectations