The Basics of Business Finance

Accountancy is the language of business and those who do not understand it are at a serious disadvantage.

Understanding the basics of financial management will give you a more informed view about your company’s performance, allowing you to play an active role in shaping its strategy.

This course is a helpful introduction for non-financial managers to the main features of a balance sheet, a profit and loss account and a cash flow forecast.

By demystifying financial jargon, the course will help you interpret financial information and use it to make better business decisions.

You'll learn how to:

* understand the difference between key financial documents
* describe the significance of the balance sheet, profit and loss accounts and cash-flow forecasts.

• understand how money goes round the business and how to track and measure it

How this course can help your business:

• Make sound business decisions based on accurate financial information
• Have more control over your business finances
• Avoid costly mistakes and wasted time due to poor financial decisions
• Protect and support your business by taking a logical and structured approach to financial decisions
• Plan more effectively

Course Code: 104198BT015