This one day training course will look at the tools and processes you need to build, present and work with your budget, understand a Profit and Loss Statement, Cash Flow and a Balance Sheet. The course will also explain where the financial figures come from to make up these reports.

Why choose Keys Training

• Over 25 years’ experience of delivering quality Microsoft & Business Skills training.
• All Trainers are Microsoft Certified or equivalent.
• Scheduled Public and In-house training throughout the UK.

What’s included

All our inhouse course fees include:

• Reasonable customisation
• Trainer travel
• Handouts and supporting reference material
• Course completion certificates
  

  Budgeting Basics

  • What is a Budget?
  • How Organisations Budget
  • The Budgeting Process
  • Accounting Conventions

  Preparing Your Budget

  • Getting the Right Format
  • Doing the Groundwork
  • Getting the Numbers Right
  • Presenting Your Case
  • Handling Cuts

  Strategies for handling the more demanding customer

  • Budget Management Processes
  • Reviewing Your Budget
  • Controlling Costs
  • Monitoring Expenditure
  • Taking Corrective Action

  Understanding Profit and Loss

  • Profit in Perspective
  • Costs and Revenues
  • The Trading Statement
  • The Profit and Loss Account

  Understanding Balance Sheets

  • Owning and Owing
  • The Ever-Changing Balance
  • Good Health
  • Money to Hand
  • Presenting a Balance Sheet
  • Interpreting a Balance Sheet

  Understanding the Cash Flow

  • Where the detail comes from
  • Constructing a Cash Flow
  • Projecting the Cash Flow