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The essential language of business is financial and the success or failure of a business is measured in financial terms. Research conducted all over the world has proved that non-financial people with a sound grasp of business finance make greater contributions to the performance and success of their business unit. They are more effective performers and more effective managers and leaders - which results in better performance and consequent benefits for the members of their teams. In short, the business benefits, and therefore everybody involved with the business benefits.
This self-study course provides an effective way for every non-financial person in business to learn and understand business finance in an enjoyable and practical way.
Target Market
The course is aimed at equipping non-financial people in business with the understanding they need to manage the financial aspects of their work more effectively. It is ideal for admin managers, HR managers, and all non-finance line managers.
Course Includes
- Hyperlinked key ideas with definitions of the concepts
- Video clips introducing each section
- Exercises after each section in the form of quizzes, multiple choice questions, and case studies.
Course Content
1. Introduction
2. Business Basics
- The Purpose of Business
- In Order to get started
- Different forms of business registration
3. Financial Scorecards
- The Income Statement
- The Balance Sheet
- Cash Flow Budgets/Forecasts
4. Interpretation and Analysis
- Profitability Ratios
- Liquidity Ratios
- Efficiency Ratios
- Leverage Ratios
5. Working Capital
- Introduction
- The Cash Conversion Cycle
- Managing Working Capital
Course Outcomes
- Understand the principles of business from a financial perspective
- Interpret financial reports quickly and easily
- Emerge with clear insights on areas of strength and weakness and determine the appropriate action required
- Draw a financial plan for your business unit
- Take an active part in financial discussions and decision-making
- Apply and use key financial ratios to measure the performance of your business unit
- Manage working capital effectively
- Know the different forms of business registration
About the Author
Anthony Galloway has over 20 years of experience in the training and development field and is a specialist in the training of Business Finance. He is the founder and Chief Executive of Omni-U. He was commissioned by Butterworths to create a series of courses on Business Finance. Anthony is currently completing the 2nd course in this series.
Butterworths Publishers is one of the largest publishing and information businesses worldwide, with activities in the professional, business, consumer and scientific markets. The course can be purchased through Butterworths directly or through Eduflex.com.
Cost
R399.00 (incl VAT) |