Financial Environment

Financial information is used to measure performance and help make decisions about how an organisation should operate. Despite its importance, many managers do not fully understand the financial information they use or how it fits into a wider business context.

This course will give you a theoretical introduction to understanding and analysing business information.

It shows you how to interpret financial information and, in doing so, make better decisions. It covers important elements of finance that affect businesses of all sizes.

You'll learn how to:

• understand the important elements of finance that affect all managers and team leaders
• read and understand company accounts, balance sheets and profit and loss accounts
• identify sources of finance available to businesses and be able to use key financial ratios to analyse performance
• understand the importance of managing cash flows.

How this course can help your business:

• Make sound business decisions based on accurate financial information
• Avoid costly mistakes and wasted time due to poor financial decisions
• Minimise risk by considering the impact of financial decisions on other parts of the business
• Protect and support your business by taking a logical and structured approach to financial decisions

Course Code: 100594BT004