Business Finance 101

Description

Business Finance 101:

A Beginner’s Guide to Business Accounting and Finance

Course Description

Course Description

Three are three main reasons for business failure – an under-skilled management team; ineffective marketing; and poor financial management. Every manager, or student of management, requires a good grasp of business finance. This course will help. 

Business finance concerns the management of the monetary resources of an organisation. There are two aspects to this:

1. Raising the money to invest in the business
2. Managing that investment properly to generate a return

Raising the money is about having an attractive proposition and managing the risk to investors. Managing the investment is about the financial controls and reporting of the business. This course covers the three main financial reports; financial performance indicators; and investment analysis. 

This course will give you a good grasp of the key principles and issues in business finance.

Key Learning

Participants in this course will learn:

• The history of business accounting
• Why businesses fail
• The two main purposes of business finance and accounting
• The key principles of business finance and what they mean
• What debits and credits are
• The three key financial statements for an organisation
• What the Balance Sheet tells you
• What the Income Statement (also called the Profit and Loss Account) tells you
• What the Cashflow Statement tells you
• Key financial performance indicators in business
• Analysing business investments

Curriculum

L1 What is business finance?

L2 Why businesses fail

L3 The Principles of Business Finance Part 1

L4 The Principles of Business Finance Part 2

L5 The Balance Sheet

L6 The Income Statement

L7 The Cashflow Statement

L8 A Business Finance Exercise

L9 Financial Performance Indicators

L10 Investment Analysis

L11 Investment Analysis Exercise

L12 Key Learning Points in Business Finance

Pre-Course Requirements

None

Additional Resources

None

Course Tutor

Your tutor is Ross Maynard. Ross is a Fellow of the Chartered Institute of Management Accountants in the UK and has 30 years’ experience as a process improvement consultant specialising in business processes and organisation development. Ross is also a professional author of online training courses.

Ross lives in Scotland with his wife, daughter and Cocker Spaniel