* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
This course provides participants with a basic understanding of financial management. It demonstrates how to read and understand key elements of financial statements and reports, such as balance sheets, income statements, and cash flow statements. They also learn how to apply basic financial and accounting principles to budget preparation and analysis.
What Do Participants Learn?
Understanding the goals of financial management
Defining key accounting concepts
Recognizing the use and characteristics of a balance sheet
Recognizing the use and characteristics of an income statement
Identifying a cash flow statement and how to use it
Identifying the importance and characteristics of an audit and that of its primary documentation
Defining double-entry bookkeeping concepts in relation to the accounting equation
Comparing the functions and contents of a ledger and a journal
Identifying the different types of budgets
Describing the elements necessary to prepare a basic budget
Identifying specific tools for analyzing and benchmarking financial information
Discussing the time value of money
Who Should Attend?
Human Resources officials
Those who aspire to be more financially aware
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Preparing a budget
Statement of cash flows
Application of concepts and formulas
Financial decision making, budget planning, proposals and communication of information