Training Course Overview
Financial information provides an essential basis for all business managers to undertake their roles effectively and confidently. Financial information originates from the organization’s accounting system, and represents a comprehensive view of events that have already occurred, but it also provides an ideal database for forecasting future events, for preparing budgets, for setting targets, and maintaining control of operations. It can also be used to measure comparative performance and profitability.
This Anderson training course is designed to provide managers with the skills to understand, interpret, and utilize financial information, and to apply this in planning, controlling, and making decisions which are informed, logical, and which add value to their organization.
Training Course Objectives
By attending this Anderson training course, delegates will be able to:
- Understand how financial statements are prepared, and what they mean
- Analyse and interpret annual financial statements
- Know how cost analysis helps us with control, resource allocation, and pricing
- Appreciate the importance of budgets, and how they are prepared
- Be aware of how our company is financed, and what is the annual cost
- Use a variety of techniques to evaluate new investment proposals
- Recognize and manage financial risks, using a range of techniques
Designed For
This Anderson training course is designed for those non-financial staff who wish to gain a better understanding of how finance supports all of the operations and activities of their business. For example this would include managers and supervisors in:
- Sales and marketing
- Logistics and supply
- Human resource
- Production and engineering
- Risk management and internal audit