A workshop for 19-29 years olds living in West Sussex who do not have their level 4 or higher maths GCSE (or equivalent). Learn how to calculate your pay and understand a payslip. Know what deductions you should pay and how to check your're on the right tax code.
A workshop for 19-29 years olds living in West Sussex who do not have their level 4 or higher maths GCSE (or equivalent). Become more confident using maths to help with everyday spending.
A workshop for 19-29 years olds living in West Sussex who do not have their level 4 or higher maths GCSE (or equivalent). Learn how to plan a budget for your weekly or monthly income.
A workshop for 19-29 years olds living in West Sussex who do not have their level 4 or higher maths GCSE (or equivalent). Learn how to maximise your heard earned money with money saving tips.
A workshop for 19-29 years olds living in West Sussex who do not have their level 4 or higher maths GCSE (or equivalent). Learn how to calculate your pay and understand a payslip. Know what deductions you should pay and how to check your're on the right tax code.
Finance doesn't have to be a puzzle. And if you want to get anywhere with your career, it had better not be! Whatever your role, you have an impact on the financial wellbeing of the organisation you work for, whether you've got specific financial responsibilities or not. This thoroughly practical, fun and enjoyable one-day workshop will help unpuzzle finance for you. It's an ideal opportunity to master the terminology, get to grips with the concepts, learn how 'the finance department' works and understand the part you play. This course will help participants: Appreciate the role and importance of Finance within organisations Be able to recognise and describe some of the common items and jargon used Identify the elements of the Profit & Loss and the Balance Sheet Understand cashflow Make better decisions Manage budgets 1 Introduction Expectations Terminology Key financial principlesAccrualsConsistencyPrudenceGoing concern 2 The three main financial statements Profit & Loss accountIncomeCost of salesGross profitAdministrative expenses ('overheads')Net profit/(loss) for the financial year (the 'bottom line')P&L format Balance SheetTerminologyFixed AssetsCurrent AssetsCurrent LiabilitiesLong-term LiabilitiesCapitalB/S format Cashflow Statement Financial and management information systems 3 Budgets and forecasts Why budget? Types of budget - incremental or zero-based Budgeting for costs - fixed and variable Budgeting for income An eight point plan for budgeting for your department Case study: Small Brother Ltd Problems and solutions 4 Accruals Accruals - what and why? Prepayments 5 Open forum