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Training Course Summary:

Successfully controlling finance requires the establishment and review of all aspects of procedures, authorisation, reporting and monitoring of financial transactions. This course has been designed to provide delegates with practical approaches to financial management and control.

Benefits:


Be able to review and improve financial controls
Monitor key financial 'drivers'
Assess the impact of contractual terms
Reducing financial risk

Who Should Attend:

All managers involved in any aspect of monitoring and improving business financial performance.

Training Course Overview/Content:

Growing the business - turnover, profit, volume and price
Sales - recording, monitoring, procedures and controls
Reducing credit risk
Purchases - authorisations, procedures and controls
Costs - monitoring and optimising the cash position
Monitoring and optimising asses utilisation
Financing for the business - borrowing, hire purchase, leasing, gearing
Evaluating the cost of finance - simple interest, compound interest, periodic rests
Contractual terms - suppliers and customers