Overview
2 Days $1,600
Financial Management for Business Professionals is an accelerated learning experience that will help non-financial employees understand how financial data is generated and reported, as well as how it can be used for improved decision making and analysis.
- Objectives
- An Introduction to Accounting in Australia
- Purpose of the Accounting Process
- Categories of Accounting Information
- The Functions of Accounting
- The Accounting Cycle
- Source Documents
- Activities
- Introduction
- Activities
- Types of Business Organisations in Australia
- Double-entry Bookkeeping
- Accounting methods
- Chart of Accounts
- Journals and Ledgers
- Trial Balance
- Financial Statements
- Activities
- Definition
- Reasons We Need a Statement of Financial Position
- How to Generate a Statement of Financial Position
- Activities
- Definition
- Reasons We Need The Income Statement
- How To Generate An Income Statement
- Activities
- Definition
- Why Do We Need A Cash Flow Statement?
- How To Generate A Cash Flow Statement?
- Activities
- Definition
- Why Do We Need To Calculate Ratios
- How To Calculate Ratios
- Activities
- Introduction to Break-Even Point
- Definition
- Why Do We Need To Know The Break-Even Point?
- Expense Behaviour
- Break-Even Points in Units
- Activities
Since every employee, manager or owner is a custodian of the company’s profits and cash flow, it is crucial for professionals at all levels to understand the financial implications of their actions to improve profitability, liquidity and sustainability of the business. This course is ideal for any individual who wishes to enhance their business acumen and elevate their comprehension of how business activities can impact the financial results of an organisation.
Before attending this course, students must have:
Varghis Cherian
May 02, 2021Kudos to Magda!!!
Aioni Nanitsos
Sep 13, 2020Magda went out of her way to answer questions, assist people and waited for people to catch up.
Juliette Warder
Jun 21, 2020Magda made a "fearful" topic so much easier and removed a lot of the smoke and mirrors... thank you!!!
Mitch Thompson
Oct 26, 2020Magda was great and had lots of useful examples which helped trasfer the knowledge to real world uses.
Instructors
Magdalena Todor
With over 20 years experience as a facilitator and university ...
