For managers in today’s business world, it is essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have a training or a background in finance, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This course will help you prepare budgets and make decisions with confidence.

This course touches on the fundamentals of finance, the basics of budgeting, the parts of a budget, the budgeting process, how to monitor and manage a budget, how to get a budget approved, ISO 9001:2008 and the decision-making process applied to budget.

 

OBJECTIVES

At the end of this course you will be able to:

• Understand basic financial terminology
• Prepare a budget of any type or size
• Get your budget approved
• Perform basic ratio analysis
• Make better financial decisions

 

TARGET AUDIENCE

This course is designed for:

• Start-up owners
• Managers and supervisors

 

REQUIREMENTS

No previous knowledge required.

 

ESTIMATED COURSE DURATION

6- 8 hours

 

COURSE SPECIFICATIONS

This course comes with 8 lessons consisting of text, interactive cards and quizzes.
It is a self-paced program available 24/7. Participants can learn at their own pace, anytime, anywhere and on any device.

 

CERTIFICATE

A participation certificate will be issued on completion of the course.

 

Course Content

Lessons

Module One: Getting Started

Module Two: Glossary

Module Three: Understanding Financial Statements

Module Four: Analyzing Financial Statements (I)

Module Five: Analyzing Financial Statements (II)

Module Six: Understanding Budgets

Module Seven: Budgeting Made Easy

Module Eight: Advanced Forecasting Techniques

Module Nine: Managing the Budget

Module Ten: Making Smart Purchasing Decisions

Module Eleven: A Glimpse into the Legal World

Module Twelve: Wrapping Up