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Financial Understanding for the Senior Executive

Plan your profits, take control and protect your cash flow

Business need

This programme defines the jargon so that you can take control, ask your accountants the right questions and improve profitability. You’ll leave with a clear understanding of how to use financial and management accounting techniques to improve your company’s fortunes.

Who will benefit?

Directors and senior managers from any business sector who want to improve their knowledge of finance. Senior managers of growing companies will find the course particularly valuable. Delegates need not have had any previous financial training.

High spots

* The competitive business project – allowing you to put your strategies to the test

* Discuss your company’s financial reports with one of our accountants

* Pricing – use the TACK Price/Volume chart to understand how your prices can dramatically affect your profitability

* Acquire the necessary financial information needed to make the right decisions – understand the bottom-line impact of getting critical decisions wrong

Key learning points

* Read company accounts and understand the business from the figures – know what to look for and what to ignore

* Identify what the figures really represent – understand the key financial ratios

* Prepare meaningful budgets – and forecast profitability

* Generate value from your business for your shareholders – discover what the City’s looking for in a flotation or sale

* Manage your cash – assess the balance between equity, loans and other finance options to make the right choices for your company

* Manage the risks in foreign trading – consider the pros and cons of trading and having assets or liabilities in foreign currencies

Related courses

Leadership in Senior Management