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Course Content• Understanding accounting terminology.• Fixed/non-current assets, gearing, accruals, working capital, depreciation, amortisation. What do these terms (and others like them) actually mean? • Appreciating the reasons for and uses of the profit and loss account/income statement, the balance sheet and the cash flow statement/forecast • The content of each statement; what they reveal to managers and what they might fail to reveal • The elements of cost and using costs for decision making Direct costs, indirect costs, overhead recovery, breakeven analysis • Preparing and using budgets for planning and control purposes • Planning and controlling costs and revenues to improve business performance • Effective budgeting techniques Speaker/sBook Now |
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