PAs will be enabled to support the management team by defining what financial
controls are, how they are used and why they are necessary in business. The course
is specifically tailored to address the areas of finance which feedback has shown are
most important to PAs, demystifying financial concepts and statements as well as
their interpretation. Attendees will also discover how to control spending by using
budgets effectively.
Maximise contribution to organisational success through the understanding of
key financial concepts
This one-day workshop is vital in helping others understand how a business works and why commercial awareness is an important skill. The course will examine key terms and financial jargon, allowing attendees to participate more fully in budgetary processes and participate in financial matters.
Topics covered include:
Financial jargon - what it means
An introduction to basic concepts - profit/cash/revenue/capital
The financial statements explained - the trading & profit and loss account
The balance sheet and how to use it
An introduction to Value Added Tax
Financial controls and their importance
Budgets - planning and control
Cash flow forecast
