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£5.57
+ VAT£5.57
+ VATOn-Demand course
Beginner level
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:
Raising the money to invest in the business
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