1- You will learn technical terms and what they mean, as well as gaining a practical insight into how financial principles apply to business.
2- You will add a new and essential dimension to your decision making.
Modules Outline:
Module 1: Introduction and Course Overview.
Module 2: Your Role in Your Company Finances.
Module 3: What is Finance?
Module 4: Getting to Know the Players.
Module 5: Record Keeping Terminology:
• Accounting.
• GAAP.
• Bookkeeping.
Module 6: The Balance Sheet:
• Balance Sheet Overview.
• Balance Sheet Terms.
• Assets and Liabilities.
• Fixed vs Current Assets.
• Liabilities and Equity.
Module 7: Profit and Loss (Income) Statement:
• Service and Sales Income.
• Methods of Recording Transactions.
Module 8: Cash Flow Statement:
• Format of a Cash Flow Statement.
• Credit Terms and Discounts.
Module 9: Analysing Financial Statements:
• Ratio Analysis.
Module 10: Budget Basics:
• Defining a Budget.
• Preparing a Budget.
• Types of Budget.
Module 11: The Human Aspect.
Module 12: Finance Jeopardy.
Module 13: Course Wrap-Up.