Free

Finance For Non Financial Managers

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Dudley Canal & Tunnel Trust

501 Birmingham New Road

Dudley

DY1 4SB

United Kingdom

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Event description

Description

This free masterclass aims to boost the competence of owner managers, entrepreneurs and senior managers in the theory and practical everyday use of financial documents so that they may be confident in their business dealings with team members, investors, bankers, customers and suppliers.

The masterclass will cover:

  • I thought accounts were for accountants! What are the key financial statements? Why do they matter to me and my business? What are they telling us; interpret them and how will others interpret them?
  • Profit and Loss: A quick look at how each of the elements are treated that make up business income, expenditure and overheads.
  • The Balance Sheet in detail: Taking a snapshot of your business - what can we learn?
  • The cashflow forecast: How to use common sense to build up a picture of our business future. The key difference between profit and cash, demonstrating the issues of working capital.

The masterclass will enable delegates to:

  • Use forecasting techniques to set budget and performance targets
  • Monitor spending and performance
  • Consider, project and manage options for change
  • Have a greater appreciation of the importance of financial management, how to interpret financial reports and the basic components of how to start to put together important financial reports

FAQs

What are my transport/parking options for getting to and from the event?

By car:
Ten minutes from J2 of M5
Follow brown signs that say 'Dudley Canal Tunnel and Limestone Mines'
Large car park available

The nearest train stations to the venue are:
Tipton (approx 20 min walk)
Dudley Port (approx 30 min walk)


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Date and Time

Location

Dudley Canal & Tunnel Trust

501 Birmingham New Road

Dudley

DY1 4SB

United Kingdom

View Map

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