Sustaining Effective Financial Control training

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

Related Courses

Here is a selection of courses that we think you might also be interested in.

Credit Control
Winning the Budget You Need
Maximising Cashflow, Sales & Profitability
Managing Budgets
Interpreting Financial Statements

This course qualifies for 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