Business Financial Management is your gateway to mastering the financial skills essential in today’s thriving economic landscape. With businesses constantly seeking professionals who can navigate complex financial waters, the demand for adept financial managers is at an all-time high. This course equips you with a comprehensive understanding of the accounting logic and the balance sheet, delving into the intricacies of the profit and loss statement. You’ll develop the analytical prowess to dissect financial statements and craft strategic financial plans, empowering you to make informed investment decisions. As industries evolve, your ability to manage finances effectively becomes crucial, positioning you as a valuable asset in any organisation. Embrace this opportunity to enhance your financial acumen and propel your career forward.
Business Financial Management
Corporate
40 hours
Introduction
Objectives
- To understand the accounting logic and create accurate balance sheets.
- To analyse profit and loss statements for financial insights.
- To evaluate financial statements to develop effective strategies.
- To apply financial management principles in investment decisions.
- To interpret financial data for strategic business planning.
- To identify key financial indicators to assess business health.
- To develop skills in financial forecasting and budgeting techniques.
Table of Contents
UNIT 1. THE ACCOUNTING LOGIC AND THE BALANCE SHEET
Accounting logic
The balance sheet
General journal and ledger book
Generally accepted accounting principles
The most common balance sheet accounting entries (I)
The most common balance sheet accounting entries (II)
UNIT 2. THE PROFIT AND LOSS STATEMENT
Income and expenses
The profit and loss statement
The most common accounting entries of income and expenses (I)
The most common accounting entries of income and expenses (II)
The cash flow statement
UNIT 3. FINANCIAL STATEMENTS ANALYSIS AND FINANCIAL STRATEGY
Analysis of the evolution of the balance sheet
Strategy to ensure liquidity
Strategy to ensure solvency
Leverage and return on equity
Analysis through financial ratios
UNIT 4. FINANCIAL MANAGEMENT AND INVESTMENT DECISIONS
The financial system
Financial mathematics
Investment decisions. NPV
Investment decisions. IRR