Financial Management Advanced

This Intensive, hands-on one day training course builds on the fundamentals taught in Financial Management.

Course Aims

This Intensive, hands-on one-day training course builds on the fundamentals taught in Financial Management: Introduction. In the Advanced course, delegates learn how to reconcile a bank statement, choose a reconciliation reviewer, control an organisation's cash and prepare a Cash Flow Statement. Course activities also cover the various tools available for analysing financial statements. Delegates will also learn how to calculate inventory value and depreciation, and why organisations use accounting methods when reporting financial information on financial statements.

Who Should Attend?

Anyone, whether a business owner, manager, supervisor or accounts specialist, who have a basic understanding of Financial Management and needs to learn more advanced techniques and how to apply then within their company.

Cash Management • Fundamentals of Cash • Bank Reconciliation • Maintaining Control of Cash
Analysis of Financial Statements • The Importance of Analysing Statements • Ratio Analysis of a Balance Sheet
Analysis of Profit & Loss (Income) Statements • Profitability from Profit & Loss Statements • Comparative and Percentage Analyses
Stock Costing • Basics of Stock Costing • Stock Costing Methods • Commonly Used Stock Costing Methods
Calculating Depreciation

• What is Depreciation ? • Factors Involved in Depreciation • Common Depreciation Methods