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Price :$ 75.00
We have two versions of this product. Version 1 is for private sector and Version 2 is for charities.
This is a 'Self Study Practical Based Training Guide' that will help non- financial experts understand the financial impact of every transaction undertaken in a business.
A good manager is one who understands how to sell a lot of products or services but selling a lot of products or services does not make the manager an excellent one.
Sales is a gift to a customer until it is translated into cash. It is with this in mind a manager must understand the impact of sales in the profit and loss account (profitability measurement), cashflow statements ( liquidity measurement) and balance sheet (net worth measurement.
The Self Study Training Book covers the following topics:
1. The definition of profit and loss accounts; why and how they are put together
2. The definition of balance sheet; why and how they are put together
3. The definition of cash flow statement; why and how they are put together
4. Finance jargons and how to make sense of financial statements for effective decision making
5. Effective financial controls required for robust safeguards over assets of an organisation
6. How to interpret and evaluate the performance of a business using financial ratios
7. Strategies for identifying financial leakages and maximising cash flow in your business- introduction to effective credit control system
8. Brief introduction to financial costings and budget It also covers examples and exercises with readymade answers you can use to check your level of understanding of a topic.
If you still believe you need more assistance, you can book on one of our training courses at www.businessservicessupport.com or contact us about coaching /consultancy services ,
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