Understanding Corporate Finances and Their Effect on How Business Operates
Outline
To be a top class EA you don't need to understand your company's finances as well as your CFO. But if you want to understand the opportunities or challenges facing your organisation and assist your executives to the best of your ability by anticipating their needs, it is essential to know the basics. From reporting on departmental or divisional business activities to attending strategic planning sessions or even board meetings, the value of your input will be dependent on your knowledge and understanding of basic financial reports.
This fun and interative course will unveil the simple mysteries behind the world of finance and equip you with the necessary tools and skills to apply financial management techniques when analysing business performance or looking for business enhancement opportunities.
Who Should Attend
This course is designed for all EAs and PAs who need to gain a better understanding of the financial implications of their business decisions or who want to be able to anticipate better the needs of their executives by understanding their financial challenges or objectives.
Course Objectives
By the end of this practical course, you will be able to:
- Read and interpret key financial statements
- Understand financial implications of business decisions
- Use key financial ratios and indicators to assess and plan performance
- Differentiate between profitability and solvency
Course Content
Understand the Role of Finance and Accounting in a Company
- Learning about the different structures of organisations
- Understanding the benefits of mastering key financial concepts
- Understanding shareholder value
Master the Basic Finance and Accounting Concepts
- Return on Investment
- Matching costs and revenue
- Breakeven analysing and risk management
Learn to Read Financial Statements
- Trading, profit and loss account
- The balance sheet and the cash flow statement
- Accounting standards
Learn how to Interpret Financial Statements
- Defining key ratios
- Calculating profitability, liquidity and stability
- Recognising and analysing trends
- Monitoring costs and performance against budget
- Evaluating the long-term financial impact of certain decisions
Your Workshop Presenter
Sant Kumar
Principal Consultant, EAN Training Academy
Sant comes with a strong industry background, management and training experience.
Sant has various management and leadership qualifications including Diploma of Business (Frontline Management), Diploma in Training and Assessment and a Bachelor of Commerce.
While Sant delivers training across various fields, he has a passion for corporate training in various Business and Finance areas
Duration
Three Hour Workshop
Price
EAN Members: $445.00 + GST
EAN Associate Members & Non-Members: $595.00 + GST
Please contact Katrena Friel at BSI Learning on 02 9215 0196 to discuss your program needs.