Our financial fluency courses dispel the myths of finance and are a great introduction to the financial accounting world.
Our seven-step path to financial awareness and understanding gives an illustration of the type of financial awareness training courses we deliver. We select the most relevant content and tailor it to your business
Discover where a business gets its money from.
Find out what a business does with its money.
Appreciate the need to record, analyze, and summarise business transactions.
Figure out what the finance department does.
Identify essential business financial systems.
Check financial controls are in place.
Know the difference between financial and management accounting.
Produce quality management information.
Marketing Managers
HR Managers
Sales Managers
IT Managers
Regulatory Managers
Safety Managers
Project Managers
Procurement Managers
Business Development Managers
It's important to know basic financial terminology and concepts and to be familiar with the main financial statements produced by a business.
Make sense of accounting jargon.
Discover why not to use cash accounting' and why timing is essential.
Watch out for hidden accounting costs.
The basics of debits and credits.
Discover what all the accounting books are used.
Understand balance sheets.
Understand profit and loss accounts.
Understand cash flow statements.
Know who uses financial statements and why.
Be aware of accounting regulations and laws.
Profit is the raison d'être for most businesses. Knowing how to make and increase profit is one of the key ingredients for business success.
Know the importance of price and its relationship to volume &revenue.
Realize that not all costs are the same.
Understand how gross margins work.
Appreciate the difference between gross and net margins.
Work out the breakeven point and margin of safety.
Be aware of tax consequences.
Profit is sanity but cash is reality. Without cash, a business can not survive for long. Effective cash management will help a business to endure.
Understand why cash is king.
Find out where all the cash has gone.
Know how to generate cash from stock management.
Know how to generate cash from customers.
Know how to generate cash from suppliers.
Be able to prepare and use a cash flow forecast.
Many businesses invest considerable time in budgeting but few do it successfully. Some simple and practical tips can improve the process.
Know the basics of budgeting.
Find the principal budget factor.
Chose the best way to budget.
Use forecasting techniques to form the budget.
Watch out for issues when setting budgets.
Watch out for issues when monitoring budgets.
Calculate variances from the budget.
Explore alternatives to budgeting.
Businesses should use established techniques to help decide whether or not to commit time, resources, and money to investment opportunities.
Only consider the relevant costs for decision making.
Work out if a business opportunity pays back.
Calculate the return on the investment.
Understand the time value of money.
Use established Investment Appraisal techniques.
Build a financially sound business plan.
A successful business can be judged by the size of its market value. Its performance can be measured by using financial ratios.
Understand what constitutes success.
Analyze return on investment.
Analyze short term solvency.
Analyze gearing ratios.
Analyze measures investor ratios.
Be aware of the drawbacks of performance measures.
Social media marketing is one of the most important digital marketing channels. Social media marketing uses social media platforms to create awareness about the product. Digital Marketing uses online and offline channels to promote products to the customer.
We all operate in an increasingly complex commercial and professional environment that requires us to negotiate on a daily basis not only with customers, clients, suppliers and contractors but also with managers, fellow employees, and colleagues within our own organization.
The key to any successful operation lies in the effective management of risks; the ability to seize opportunities, minimize threats, and optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Operations Risk Management and Mitigation training course, you’ll work through the proactive approach to both sides of risk: threats and opportunities. The approach applies a proven six-step methodology of risk planning through identification, analysis, and control.
Maintaining a high level of productivity in today's successful businesses takes work and continuous learning in a variety of management skills and techniques. To be successful in daily work tasks, knowledge, and skills in management techniques must be learned, practiced, and implemented. People in all types of organizations find themselves needing to find more productive methods of planning work and tasks, setting appropriate goals, using good interpersonal skills, and using effective means of making decisions. A focus on using productive practices allows for effective and efficient management of work and making changes in the organization.
The ASME Plant Inspector Level 1 training course provides the fundamental principles of the inspection, assessment, and management of fixed pressure equipment. The content of the course is delivered in a systematic manner, from the inspection planning process to inspection practices and evaluation of the associated equipment. It is aimed at the upstream and downstream Petrochemical industry but is equally relevant to stakeholders from other sectors that utilize pressure equipment.
This intensive course covers the in-service inspection methodologies and requirements for piping, pressure vessels, and above ground storage tanks.