Financial Essentials

Instructor led, group-paced, classroom-delivery learning model with structured hands-on activities.

This course is intended for business professionals who intend to pursue a career in finance or managers who are interested in understanding the fundamental principles of finance.

Windows Office Excel 2003 Level 1 is the only prerequisite skill. You might be interested in the following related courses:

• Problem-Solving Skills
• Negotiating Skills
• Business Presentations
• Advanced Communication Skills

Upon successful completion of this course, students will be able to:

• Describe critical aspects of the budgeting process, including budgeting matters and methods of budgeting.
• Investigate the three major components of a budget. You will also examine the process of managing a budget.
• Determine the internal and external parties affected by a company's operations. You will also examine the cash-based and accrual-based methods of accounting.
• Thoroughly examine the makeup of an income statement, a balance sheet, and a cash flow statement.
• Use common-size financial statements to conduct both a trend evaluation and a competitive evaluation. You will also look at the many financial ratios that offer valuable information about a company's ability to generate revenue, meet financial obligations, and manage debt.
• Examine the decision-making process when considering potential investments. You will also explore a number of financial formulas that will help you assess the value of such investments.

Lesson 1: Budgeting Fundamentals

Topic 1A: Budgeting Benefits
Topic 1B: Budgeting Methods

Lesson 2: Managing a Budget

Topic 2A: Prepare a Budget
Topic 2B: Control a Budget

Lesson 3: Exploring the Ground Rules of Finance

Topic 3A: Who Needs Finance?
Topic 3B: Track Revenue and Expenses

Lesson 4: Using Financial Statements

Topic 4A: The Income Statement
Topic 4B: The Balance Sheet
Topic 4C: The Cash Flow Statement

Lesson 5: Evaluating Performance

Topic 5A: Make Comparisons
Topic 5B: Determine Liquidity
Topic 5C: Determine Activity
Topic 5D: Determine Profitability
Topic 5E: Determine Solvency

Lesson 6: Making Investment Decisions

Topic 6A: The Investment Decision-Making Process
Topic 6B: Conduct a CVP Analysis
Topic 6C: Project Appraisal Techniques

Infero Training Ltd is based in the Lace Market in Nottingham. Training courses take place at the following locations including Nottingham, Derby, Loughborough, Mansfield, Chesterfield, Burton-on-Trent, Lincoln, Leicester, Sheffield, Stoke-on-Trent, Tamworth, Wolverhampton, Walsall, Birmingham, Solihul, Coventry, Nuneaton, Peterborough, Grantham.