Financial Management and basic accounting knowledge are vital to the success of any leader within a business environment.
Over the course of this two-day workshop, participants will learn about:
- The art of finance and financial management
- Key financial terms
- Your role in company finances
- Where to find the rules and regulations for your area and industry
- Various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
- How a chart of accounts is created
- Cash and accrual accounting
- Single and double entry bookkeeping
- Debits and credits
- Identifying and analyzing important financial data
- Making financial decisions
- Reading annual reports
- Determining whether a company is financially high or low risk
- Different types of organizational financial plans
- What budgets are and how to prepare them
- What computer skills you need to make you a financial whiz
- Dealing with financial situations that impact the people that work for you
Who Should attend?
Aspiring or existing team leaders, managers and supervisors Prerequisites:
Sufficient numeracy skills and experience in the workplace Duration:
2 Days |
Understanding the cycle of finance will help you figure out where you fit into your company's financial structure, and how to keep your department out of the red. This two-day workshop will help you prepare budgets and make decisions with confidence.
Participants should complete Leading Training's Accounting Skills for New Supervisors course before this workshop or have equivalent knowledge.
At the conclusion of this workshop, you should be able to:
- Define basic financial terminology
- Prepare a budget of any type or size
- Get your budget approved
- Perform basic ratio analysis
- Make better financial decisions
Who Should attend?
Team leaders, supervisors and managers who are responsible for budgeting for their departments Prerequisites:
Having completed the Accounting Skills for New Supervisor's Course or have equivalent knowledge and experience Duration:
2 Days |
