AN INTRODUCTION TO FINANCE
Understanding relevant financial terminology, a basic overview of an accounting system. How to create profit and loss accounts, cash flow and balance sheets.
THE ROLE OF BALANCE SHEETS
Consolidation Balance Sheets and Balance Sheet Ratio Analysis
Identifying the key elements of the income statement and calculating key ratios associated with the income statement
Identifying the importance of cash to a business. Preparing and understanding a cash flow statement.
COSTS AND BREAKEVEN
Fixed and variable rates, simple breakeven, cash flow charts and profit.
A guide to preparing and understanding a budget. Creating effective budgets.
Basic ratios to extract information from reports. Understanding and analysing accounts.
How to prepare accruals and prepayments, capital and revenue reports. Evaluating company financial statements.
Cash flow forecasting, credit control functions and credit control policies.
Effective debt collection phone scripts and debt collection letter content.