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Understand Accounts & Budgeting by 5.30 pm (Finance for Non-Financial Managers)

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Description and objective: The course explains the key financial statements - what they mean, how they interrelate, where the figures come from.

It identifies the key financial objectives of most businesses as maximising profitability, that is achieving the highest possible profit with the least possible amount of cash tied up in the business.

It explores these parallel goals, with exercises and discussions on margins and costs and the control of stock and debtors. It concludes by considering the contribution of budgeting to achieving the objective of maximising profitability.

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