For managers in today's business world, it's essential to have a working knowledge of finance. We all play a role in our organization's financial health, whether we realize it or not. If participants don't have training or a background in finances, they may be at a disadvantage as they sit around the management table. Understanding the cycle of finance will help participants figure out where they fit into their company's financial structure, and how to keep their department out of the red. This workshop will familiarize participants with the key concepts of finance and accounting and help them prepare budgets with more confidence.
Highlights of what participants will learn:
- Participants should be able to assess the financial performance and health of their firm;
- Enhance their decision-making skills by integrating financial management concepts into their thinking;
- Assess various software applications for managing finances;
- Control the flow of money through their department;
- Understand the budgeting process and forecasting techniques.