Overview:

This course is designed for those who need to gain a clearer understanding of the basics of business finance. It covers how finance influences the decisions that are made on a day-to-day basis at a departmental or company-wide level.

The format of the day includes facilitator-led discussion, group and individual activities, and practical examples of financial information and reports.

The course content includes:

• The legalities of Finance
• An introduction to business Finance
• Jargon to watch out for!
• Accounting Fundamentals
• Making profit
• Ways to make and increase profit
• Evaluating business opportunities
• Measuring business performance

Who should attend?

This course is an introductory level course for business finance. It is particularly suitable for anyone in, or moving to, a role that involves management of a budget whether that be at departmental, divisional or company level. Our more advanced course is “Finance for Non-Financial Managers”.

Learning Outcomes:

• Gain an understanding of the basic principles and terminology of finance
• Learn how to interpret key financial information
• Learn how to communicate and present your financial position and budgets more credibly to your colleagues
• Understand the difference between turnover, profit, and cash flow
• Develop an understanding of the methodologies and language of the finance function
• Learn how to read and understand annual reports and company accounts
• Understand costing principles and the difference between variable and fixed costs;
• Explore key approaches to calculating profitability and liquidity

Course Director: Bryan Leslie

Train your team:

This course can be delivered on site for corporate teams and tailored to your specific requirements. For details contact training@edinburghchamber.co.uk

The ECC training experience:

• Expert trainers - Passionate specialists who keep up to date with the latest trends in their field
• Quality delivery - Trainers are assessed annually on the quality of their delivery and delegate engagement
• Practical training methods - Theory and practical based training to take back to the office
• Small class sizes - No more than 15 people to ensure you get the most from our trainers
• Wide breadth of topics - ECC offer over 40 different essential business training courses covering everything from Leadership and Management through to Digital and International Trade
• 3 learning levels – Beginner /Introductory, Intermediate and Advanced

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