Sustaining Effective Financial Control
Practical Training for Professionals
Summary
- Tutor is available to students
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Location & dates
Boar Lane
Leeds
West Yorkshire
LS15NS
United Kingdom
16 St. Mary's Street
EDINBURGH
Midlothian
EH11SU
United Kingdom
Cheadle Royal Business Park
Cheadle
Cheshire
SK83FS
United Kingdom
Brailsford Way
Nottingham
Nottinghamshire
NG96DL
United Kingdom
Overview
This Sustaining Effective Financial Control course is a one-day workshop style course which will demonstrate how, by accessing the correct financial information, you can sustain the financial health of your company and improve profitability and cash flow. The course is designed for busy profit responsible or cost centre managers.
Managers will be invited to bring examples of their own financial reports.
This Sustaining Effective Financial Control course is available throughout the UK.
CPD Value 5.5 Hours
CPD
Description
9.30 - 9.45 Coffee & course objectives
9.45 - 10.30 What information is needed:
- time frame
- format
- accuracy
10.30 - 11.15 Reading your profit and loss account
- what it tells you
- what it doesn't tell you
- applying ratios and measures of performance
- benchmarking against your competitors
11.15 - 11.30 Coffee break
11.30 - 12.45 Actions to improve profitability
- fundamentals of costing
- knowing your break even point
- understanding how costs may vary with sales
- key measures of efficiency and productivity
- identifying your key performance drivers
- using budgets; dealing with variances
12.45 - 13.30 Lunch Break
13.30 - 14.30 Understanding your Balance Sheet
- what it tells you - how much is invested
- what it doesn't tell you
- identifying working capital
- applying ratios and measures of performance
14.30 - 15.30 Managing working capital
- stock management
- debtors and credit management
- creditors and other payments
15.30 - 16.15 Managing your cash resources
- understanding cash flow forecasts
- profit v. cash
16.15 - 16.30 Action plans - what will you do now?
Questions and answers
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.