Sustaining Effective Financial Control

1 Day
Bristol (Clifton) 16th Mar 2021
28th Jul 2021
5.5 hours

Course Overview

This Sustaining Effective Financial Control course is a one-day workshop style course which will demonstrate how, by accessing the correct financial information, you can sustain the financial health of your company and improve profitability and cash flow. The course is designed for busy profit responsible or cost centre managers.

Managers will be invited to bring examples of their own financial reports.

This Sustaining Effective Financial Control course is available throughout the UK.

CPD Value 5.5 Hours

Course Locations

Sustaining Effective Financial Control London
Sustaining Effective Financial Control Manchester
Sustaining Effective Financial Control Nottingham
Sustaining Effective Financial Control Birmingham
Sustaining Effective Financial Control Bristol
Sustaining Effective Financial Control Edinburgh
Sustaining Effective Financial Control Leeds

This course is worth 5.5 Continuous Professional Development hours.Learn more about CPD

Timetable

9.30 - 9.45 Coffee & course objectives

9.45 - 10.30 What information is needed:

  • time frame
  • format
  • accuracy

10.30 - 11.15 Reading your profit and loss account

  • what it tells you
  • what it doesn't tell you
  • applying ratios and measures of performance
  • benchmarking against your competitors

11.15 - 11.30 Coffee break

11.30 - 12.45 Actions to improve profitability

  • fundamentals of costing
  • knowing your break even point
  • understanding how costs may vary with sales
  • key measures of efficiency and productivity
  • identifying your key performance drivers
  • using budgets; dealing with variances

12.45 - 13.30 Lunch Break

13.30 - 14.30 Understanding your Balance Sheet

  • what it tells you - how much is invested
  • what it doesn't tell you
  • identifying working capital
  • applying ratios and measures of performance

14.30 - 15.30 Managing working capital

  • stock management
  • debtors and credit management
  • creditors and other payments

15.30 - 16.15 Managing your cash resources

  • understanding cash flow forecasts
  • profit v. cash

16.15 - 16.30 Action plans - what will you do now?

Testimonials

Excellent venue and course materials, great to have real life examples from the trainer to illustrate and reinforce the training concepts.

Simon Mee, Government Internal Audit Agency

James Graham the trainer was excellent.

James Bailey, Lutron EA Ltd

Has given us confidence to work on balance sheet and cash flow issues.

Babitha Sivaharan, Accounts Admin Ltd

Good presentation, really thought provoking.

Sylvester Jugo, Resource Intermediaries Ltd

Benefits

  • the information needed to maintain effective financial control
  • understand key measures of financial performance
  • actions to improve the profitability and cash flow of your business
Live Virtual Training
In-Person Training
Book your place on one of our online courses...
28th Jul 2021
Full Day
£280.00
Places
28th Oct 2021
Full Day
£280.00
Places
...or create a training session that suits you using one of the options below.
Private Virtual Training
1-2 delegates £580.00
Each additional £80.00
1-2-1 Virtual Training
Per session£550.00
U-Choose Virtual Training
Per delegate£280.00
Places
Book your place on one of our scheduled courses...
16th Mar 2021
Bristol (Clifton)
£480.00
Places
22nd Mar 2021
London
£480.00
Places
30th Mar 2021
Manchester
£480.00
Places
29th Apr 2021
Nottingham
£480.00
Places
11th Jun 2021
London
£480.00
Places
18th Jun 2021
Leeds
£480.00
Places
12th Jul 2021
Birmingham
£480.00
Places
16th Jul 2021
Edinburgh
£480.00
Places
31st Aug 2021
London
£480.00
Places
9th Sep 2021
Bristol (Clifton)
£480.00
Places
View 3 more available dates
6th Oct 2021
Nottingham
£480.00
Places
12th Oct 2021
Manchester
£480.00
Places
17th Nov 2021
London
£480.00
Places
...or create a training session that suits you using one of the options below.
Inhouse Training
1-5 delegates £1,200.00
6-10 delegates £1,650.00
Each additional £100.00
1-2-1 Training
Per session£600.00
U-Choose Training
Per delegate£480.00
Please choose a training location
Places