Course Overview                                                                                              

  

Understanding the balance sheet, profit and loss account and cash flow forecast.

This workshop will help participants to understand the language used by accountants, and make sense of the three key financial documents; Profit and Loss Account, Cash Flow Forecast and The Balance Sheet.

Benefits of attending

• An ‘Interactive Workshop’ designed to stimulate and inspire delegates
• Understand the business context
• Outlining the major external factors impacting any organisation
• Define fixed and variable costs
• Calculate cost of sales
• Understand and construct a ‘profit and loss’ account
• Understand and construct a ‘balance sheet’
• Appreciate ‘actual v forecast’ performance
• Understand and construct a ‘cash flow’ forecast

Who will benefit

 

For all managers, supervisors and administrative personnel who need to know more about financial records and reports. This workshop is aimed at those with no or little previous experience of finance and accounting, but whose jobs require them to have contact with the financial department.

A highly practical and participative workshop, designed to give delegates a foundation in financial awareness and confidence in being able to ask the right questions within their own organisation.