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This workshop incorporates a business simulation that allows participants to apply learning about financial matters to a simulated business, see the results and interpret them.
The style of the workshop is light-hearted and fun - almost a contradiction in terms when considering most financial training!
Introduction:
The Fundamentals of Finance gives participants the opportunity to see how their business decisions impact on the finances of their business and to learn how to interpret financial information in a way that is useful to them in making those business decisions. The workshop is highly participative and fun!
What is covered:
In the finance part of the workshop participants are introduced to:
- the financial environment
- the nature and purpose of financial accounting
- the financial frameworks used in the construction of financial statements for external reporting
- the idea of accounting regulation
- the operation of the financial accounting system
- the analysis of financial statements through financial ratios
- the nature, purpose and role of management accounting
- the nature, purpose and role of management accounting
- the inter-relationships and interactions between financial accounting, financial management and management accounting
Suitable for:
Anyone who requires a better understanding of the Business Cycle and Financial Fundamentals.
Course Design and Duration:
This is a practical course that allows participants to learn how to run a simulated company more efficiently and effectively through better financial management. The business simulation is a team-based experience that enables participants to share decision-making and, through this, share experience and learning.
The style of the workshop is light-hearted and fun - almost a contradiction in terms when considering most financial training.
The workshop runs over one day but can be expanded to two days to incorporate other business capabilities such as an introduction to business strategy or developing a marketing perspective.
For further information please click the enquiries button below or telephone our sales team on 00 44 (0)20 7520 9288
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