Managerial Finance

Objective:

To allow managers with little accounting and financial background and experience the opportunity to examine the methodology used in financial decision making.

Designed for:

Managers and senior officers who wish to have a general understanding of the role of accounting and finance which will enable them to improve their financial performance.

Outcomes:

• Effective use of financial information
• Understanding and analyzing the content of financial reports
• Interact more confidently and effectively with financial professional

Content:

Understanding finance & The Balance Sheet:

• Why financial information is important
• The relationship between finance & accounting with other departments
• The structure and interrelationship of financial statements
• The Balance Sheet:
  • Assets
  • Liabilities
  • Ownership
  • Using this report effectively

Understanding Income Statement and Cash Flow Statement:

• The Income Statement:
  • Sales
  • Gross profit
  • Operating expenses
  • Operating income
  • Other incomes and expenses
  • Using this report effectively
• Profits vs. Cash Flow

• The Cash Flow statement
  • Cash from operations
  • Cash for investing
  • Cash from Financing
  • Using this report effectively

Key Financial Tools:

• Cost Accounting
• Analyzing performance
  • Profitability
  • Financial Leverage
  • Productivity
• The Annual Budget
• Financing the business