Duration

2 days

Aim

Managing money and budgets is not a game. To ensure that your understanding and knowledge is more than sufficient to manage this correctly this workshop provides you with the knowledge required to carry this task out successfully.

Target Audience

For those who are required to deal with money and budgets. Suitable for non-finance Managers and team leaders

Prerequisites

This course assumes no prior training within the subject.

Course Content

 Introduction and Course Overview  Finance Jeopardy  Your Role in Company Finances  What is Finance?  Getting to Know the Players  Record Keeping Terminology  The Balance Sheet  Liabilities and Equity  Profit and Loss Statement (Income Statement)  Tracking Business Expenses  Analyzing Financial Statements  Encyclopedia Excitement  Using Accounting Software  The Importance of Bookkeeping  Pre-Assignment Review  Budget Basics  Managing Profit Performance  Comparing Investment Opportunities  The Human Aspect  Credits vs. Debits  ISO 9001:2000  Decision Making  Workshop Wrap-Up

Course Objectives

**At the completion of this course participants will be able to: **

 Understand the basics of accounting and finance  Identify their role in finances  Identify financial reports, including a profit and loss statement, an income statement, and a financial statement  Track business expenses  Develop a good budget  Manage money in simple ways to generate a profit  Compare investment opportunities  Know what to do when finances affect people  Be familiar with the ISO 9001:2000 series  Enhance their decision-making skills

Course Outline