For managers in today’s business world, it is essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have a training or a background in finance, you may be at a disadvantage as you sit around the management table.
Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red.
This course will help you prepare budgets and make decisions with confidence. The course touches on the fundamentals of finance, the basics of budgeting, the parts of a budget, the budgeting process, how to monitor and manage a budget, how to get a budget approved, and the decision-making process applied to budget.
Objectives
- Understand basic financial terminology
- Prepare a budget of any type or size
- Get your budget approved
- Perform basic ratio analysis
- Make better financial decisions
Target Audience
This course is designed for:
- Start-up owners
- Managers and supervisors
Requirements
No previous knowledge required.
Estimated Course Duration
6- 8 hours
Course Specifications
This course comes with 8 lessons consisting of text, interactive cards and quizzes.
It is a self-paced program available 24/7. Participants can learn at their own pace, anytime, anywhere and on any device.
Course Content
- Module One: Getting Started
- Module Two: Glossary
- Module Three: Understanding Financial Statements
- Module Four: Analyzing Financial Statements (I)
- Module Five: Analyzing Financial Statements (II)
- Module Six: Understanding Budgets
- Module Seven: Budgeting Made Easy
- Module Eight: Advanced Forecasting Techniques
- Module Nine: Managing the Budget
- Module Ten: Making Smart Purchasing Decisions
- Module Eleven: A Glimpse into the Legal World
- Module Twelve: Wrapping Up
Certificate
A participation certificate will be issued on completion of the course.