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Finance the Basics

Date:25/03/2020 (09:30 - 16:30)

Status:ACTIVE | 5 or more places remaining

Member Rate: £195.00 +VAT | Non Member Rate: £250.00 +VAT |

Location:
Edinburgh Chamber of Commerce
40 George Street
EDINBURGH
Midlothian
EH2 2LE

Map: Click here

Overview:
 
This course is designed for those who need to gain a clearer understanding of the basics of business finance.  It covers how finance influences the decisions that are made on a day-to-day basis at a departmental or company-wide level.
 
The format of the day includes facilitator-led discussion, group and individual activities, and practical examples of financial information and reports.

The course content includes:
 
  • The legalities of Finance
  • An introduction to business Finance
  • Jargon to watch out for!
  • Accounting Fundamentals
  • Making profit
  • Ways to make and increase profit
  • Evaluating business opportunities
  • Measuring business performance 
Who should attend?
 
This course is an introductory level course for business finance.  It is particularly suitable for anyone in, or moving to, a role that involves management of a budget whether that be at departmental, divisional or company level.  Our more advanced course is “Finance for Non-Financial Managers”.

Learning Outcomes:  
  • Gain an understanding of the basic principles and terminology of finance
  • Learn how to interpret key financial information
  • Learn how to communicate and present your financial position and budgets more credibly to your colleagues
  • Understand the difference between turnover, profit, and cash flow
  • Develop an understanding of the methodologies and language of the finance function
  • Learn how to read and understand annual reports and company accounts
  • Understand costing principles and the difference between variable and fixed costs;
  • Explore key approaches to calculating profitability and liquidity
 
Course Director: Bryan Leslie
 
Train your team:
 
This course can be delivered on site for corporate teams and tailored to your specific requirements. For details contact training@edinburghchamber.co.uk

The ECC training experience:
  • Expert trainers - Passionate specialists who keep up to date with the latest trends in their field
  • Quality delivery - Trainers are assessed annually on the quality of their delivery and delegate engagement
  • Practical training methods - Theory and practical based training to take back to the office
  • Small class sizes - No more than 15 people to ensure you get the most from our trainers
  • Wide breadth of topics - ECC offer over 40 different essential business training courses covering everything from Leadership and Management through to Digital and International Trade
  • 3 learning levels – Beginner /Introductory, Intermediate and Advanced



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Terms and Conditions
Full payment must be received when booking.

Events Cancellation Policy
Bookings cancelled more than 7 days prior to event/training course will receive an 80% refund. Specific cancellation policies may apply to certain events. Please check individual events details for more information.

Prices exclude VAT
If paying online VAT at 20% will be added before the payment is taken.