Course description
Finance for Non Finance: Colour Accounting UK webinars
This course consists of 3 webinars held over 3 consecutive days. Each webinar lasts 2 hours, from 10 am to midday.
Your relationship with financial information will be transformed. Understanding the fundamentals of accounting will give you a platform for breakthrough insights into how businesses work.
Our highly practical and interactive sessions will give you:
a clear framework for the structure of financial information
a robust understanding of the mechanics of accounting
fluency in the language of accounting and finance
enhanced business acumen, based on The Value Cycle of Business™
You will be empowered to:
analyse and interpret financial information with more confidence
understand the story of a business using key financial metrics
understand the relevance of key profit measures, such as EBITDA
spot commercial issues in financial reports
engage confidently in financial conversations
have better financial communication with clients, customers and colleagues
ask powerful questions based on a robust understanding of financial concepts
understand the financial processes in your business
think more commercially about your business
improve decision making to manage profits and cash flow more efficiently
Training Course Content
The course is experienced live and remotely at your desktop. You will receive our workbook and materials in advance to support your learning throughout the course.
Each webinar has a distinct focus:
WEBINAR ONE : The Fundamentals of Accounting
This session builds all the foundational knowledge of accounting that you need. We introduce the concepts that underpin accounting, and establish the meanings of the key accounting categories : assets, liabilities, equity, income and expenses. You will see why a Balance Sheet balances, what it represents, and how it links to the Income Statement.
WEBINAR TWO : Practice Accounting with 'The Board'
This is a practical, hands on exercise that re-inforces and develops your knowledge of the Fundamentals. Using our Pop-up Board, we work through 16 carefully ordered business transactions to develop a deeper understanding of financial information and accounting terms. The purpose of double-entry and accrual accounting will become clear as you understand receivables and payables, depreciation, prepayments and deferrals, and how these impact both cash flow and profit.
WEBINAR THREE : Analysing Financial Information
Now that you understand accounting properly, you will be able to make much more sense of financial information.
We will perform a case study on a set of financial statements in order to understand the story that the information is telling us. We will analyse the information with key financial ratios, and discuss the potential factors and causes that are impacting performance. You will be able to spot trends in the numbers, think about the drivers behind those numbers, and extrapolate them into the future.
Expenses
Price is 500 GBP excl. VAT.
This course consists of 3 webinars held over 3 consecutive days. Each webinar lasts 2 hours, from 10 am to midday.