Finance: The Basics

This course is ideal for finance professionals who are looking for an introduction for junior or non-finance colleagues. It will also be useful for those who want to check how to explain financial concepts to colleagues.

The Basics covers documents such as the profit statement, the balance sheet and cash flow analysis, and how they are linked. It also covers budgetary control, standard costing and discounted cash flow evaluations. These topics are set against the place of an organisation within the economy, different kinds of accountancy, and the way financial objectives are arrived at, implemented and monitored. Background information and knowledge is combined with interactive activities and scenarios so that learning can be applied in the workplace.

The Basics enables learners to:

• Understand what the finance function does and how it can help intheir role
• Deduce relevant information, and to recognise its limitations
• See how decisions impact on the business as a whole
• Prepare for greater responsibility