Course objective

• To enhance the participants’ knowledge, skills, and abilities in the field of business finance

Course content

• Understand the financial and accounting terms used in business.
• Develop skills in financial literacy.
• Understand the main financial statements and how to be used to monitor and control business performance.
• Understand the financial language, asking relevant financial questions, and making business decisions using financial criteria.
• Highlight the need for good budget construction and the basic techniques for budgetary control.
• Develop operating budgets
• Understand how cash budgeting can affect motivation and control
• Understand the way in which financial information is collected, organized and classified within the financial systems of the organization
• Learn a range of financial analysis skills for enhancing and interpreting the financial data of the organization
• Understand how planning and budgeting can assist managers in business, and appreciate why many organization are replacing budgeting with other management models