Financial Awareness

In today’s competitive business world firms are under unprecedented pressure to deliver value to their owners and other key stakeholders. Managers in all parts of the organisation are now finding that they need some financial know how to cope with the responsibility placed on them as business managers and key decision-makers; monitoring and improving business performance, investing in capital projects: all require some degree of financial knowledge. The key financial skills are not difficult to learn and in the hands of an experienced manager they can provide a formidable competitive advantage.

This Financial Awareness training course will feature:

• Using the language of finance to communicate with colleagues and finance professionals
• Interpreting financial statements to assess the financial health of the company
• Managing and reducing costs; maximising profit
• Planning, budgeting and forecasting methods and systems
• Techniques for assessing viability of capital investment projects
• Using financial forecasts to manage risk and assist in business decision making

Training Course Objectives

By the end of this training course, participants will be able to:

• Understand the principles and jargon of financial management
• Analyse and interpret financial statements
• Use cost and profit analysis for decision making
• Understand and use Excel tools for forecasting and financial analysis
• Master the financial tools for planning and budgeting
• Apply the tools of capital investment appraisal

Who is this Training Course For?

The training course covers the essential business finance skills and will be highly beneficial to any managers and other employees who use financial information, make important business decisions or interact with the organisation’s finance team

This Financial Awareness training course is suitable to a wide range of professionals but will greatly benefit:

• Divisional managers
• Strategy and planning managers
• Finance and accounting team members
• Functional managers within divisions and at organisational head offices
• Purchasing and sales managers
• Managers going through career development programmes

How will Training Course be Presented?

The training course is structured as a highly participative workshop with formal presentations, case studies and interactive worked examples. Relevant examples and case studies are provided to illustrate the application of each of the topics covered and opportunities are provided to learn and practice the use of powerful modern finance skills and tools, reinforced with practical examples and exercises. The practical application of Excel tools will be demonstrated and there will opportunities for delegates to practice them.

• AZTech Certificate of Completion for delegates who attend and complete the training course