Business Finance and Decision Making for Directors
Overview
The purpose of business finance is to provide timely and actionable management information to managers for the purposes of reviewing performance, planning improvement, and making business decisions.
Our two-day “Business Finance and Decision Making for Directors” provides intensive coverage of the key issues in business finance and decision making, with a focus on using financial information for improvement.
The course is highly interactive, with numerous group exercises, and involves making “hands-on” decisions with financial information.
Who Should Attend
Aimed at directors and senior managers, the course will challenge your thinking about the use of financial information in your business, and will help you develop new ways of managing performance and planning improvements. It is, quite possibly, the most powerful business finance course you will ever attend!
The programme is presented by Ross Maynard, Fellow of the Chartered Institute of Management Accountants. Ross has provided financial training to some of the world’s leading companies including Boeing, Rolls Royce, Thermofisher Scientific, Parker Hannifin and many others.
Benefits to you and Your Organisation
Business Finance and Decision Making for Directors will test your perceptions of cost management and help you focus on the true drivers of profit. It will also help you develop the decision making skills that your business needs to evaluate business projects.
The course covers the key topics in business finance and decision making including using Profit and Loss, Cashflow and Balance Sheet statements in business management, and culminating in using financial data for business decisions.
Topics covered include:
- An Overview of issues in Business Finance
- Costing and Business Processes
- Cost Reduction and Process Improvement
- Performance Measures that drive Profit
- The Profit and Loss Account
- Cashflow versus Profit
- The Balance Sheet
- Business Decision Making