The Business Financial Management course offers you the opportunity to become an expert in a booming sector with high demand for skilled workers. In a context where the Financial decisions are crucial to business success, this course equips you with the the skills required to interpret balance sheets, understand accounting principles and analyse annual accounts. You will learn how to to analyse the profit and loss account and to develop financial strategies that optimise any organisation’s resources. The ability to to manage business finances effectively and make investment decisions The right skills will position you as a valuable professional in the job market. With a practical and accessible approach, the course is delivered online, allowing you to learn at your own pace and from anywhere. Don’t miss this opportunity to improve your skills and make your mark in such a relevant and dynamic field.
Business Financial Management – Finance for Non-Financial Professionals
Introduction
Objectives
- Understand accounting principles in order to interpret balance sheets accurately.
- Analyse the profit and loss account to assess profitability.
- Identify financial strategies based on an analysis of annual accounts.
- To develop skills for effective investment decision-making.
- To assess the impact of financial decisions on business management.
- Apply financial concepts to optimise business strategy.
- Interpret financial reports to improve the company’s financial health.
Table of Contents
TEACHING UNIT 1. ACCOUNTING LOGIC AND THE BALANCE SHEET
Accounting logic
The Balance Sheet
The Journal and the General Ledger
Accounting principles
The most common balance sheet accounts (I)
The most common balance sheet accounts (II)
TEACHING UNIT 2. THE PROFIT AND LOSS ACCOUNT
Income and expenditure
The profit and loss account
The most common accounting entries for income and expenditure (I)
The most common accounting entries for income and expenditure (II)
The Cash Flow Statement
TEACHING UNIT 3. ANALYSIS OF ANNUAL ACCOUNTS AND FINANCIAL STRATEGY
Analysis of changes in the balance sheet
Strategy for ensuring liquidity
Strategy for ensuring solvency
Leverage and Financial Return
Analysis using economic and financial ratios
TEACHING UNIT 4. BUSINESS MANAGEMENT AND INVESTMENT DECISIONS
The financial system
Financial mathematics
Investment Decisions. Net Present Value (NPV)
Investment decisions. The IRR