Finance for PAs and Administrators

This course is designed for PAs, administrators and commercial assistants who would like a better understanding of how their organisation's finances work. It delivers a serious subject in an accessible and easy to understand way with lots of fun built in.
• Understand how a business works financially
• Understand a range of financial jargon and concepts
• Better understand financial accounts and reports
• Participate in the budget process
• Feel confident to discuss and handle business matters

Setting the scene

• What are we going to cover?
• What are my priorities for the day?

The Business Cycle

• What it is
• How it works
• Why it's important

How Businesses are Funded

• Capital funding
• Debt versus equity - what's the difference?
• What is appropriate for which business?

The Balance Sheet, Profit and Loss Account and Cash Flow

• What each one means
• Understanding the basic concepts of each
• What they are used for

VAT

• The basics
• Input tax, output tax and how you deal with them

Budgeting

• The principles
• Different kinds of budget

Financial Controls

• What they are
• Why they are important

Conclusion

• Recap of what has been learned
• Questions
• How will I use what I have learned?