Are you confident in your ability to interpret financial statements and make strategic decisions based on financial data? Many directors and key senior team members find themselves questioning their financial acumen, especially when faced with complex financial concepts. If you feel that your understanding of finance could be stronger, Finance Demystified is the perfect solution.
Delivered by fds, this director-level training course is designed to equip you with the essential financial knowledge needed to excel in your role. Whether you choose the full-day or half-day session, you’ll gain the confidence to navigate financial statements, assess the financial health of your business, and communicate financial information effectively.
Finance Demystified Course Overview
This training course aims to equip directors and executives with a foundation in financial understanding and the accounts used in business. Participants will gain the confidence to interpret financial statements, make strategic decisions based on financial data, and effectively communicate financial information.
The course has been developed for those without a finance background, such as directors and executives, department managers, and anyone who needs a better understanding of financial concepts for effective decision-making.
Finance Demystified Course Outcomes
The course outcomes for the half-day are:
- Understand the difference between a profit & loss account, balance sheet and cash flow statement.
- Test and improve your understanding of key financial terminology.
- Complete an interactive task focusing on a company-based set of financial statements, set up in real format to better interpret real company financial accounts.
- Learn how to assess the financial health of a business.
- Understand financial ratios and how they can be used to evaluate the overall financial condition of an organisation.
Or if you are interested in the full-day course, this will include the outcomes mentioned above, plus five additional outcomes:
- Learn the Board’s role regarding company financials.
- Learn the difference between low and high financial gearing to better understand a company’s measure of financial leverage.
- Understanding management accounts and how they are used within the business.
- Gain a better understanding of budgets and forecasting.
- Learn the different types of funding available to businesses and when different options may be more suitable.
Get In Touch to Book Your Finance Demystified Session
Facilitated in-person, in a half-day or full-day session option, we can deliver the Finance Demystified course to up to ten attendees. For any attendee numbers beyond this, we would aim to understand the group’s requirements, taking into consideration all participants and the level of interactivity available.
If you would like to learn more or discuss your company or group’s requirements, please get in touch to have a confidential discussion about the Finance Demystified course.
