This course is aimed at developing a range of skills and techniques to enable delegates to apply financial management to the areas within their control.
The objectives of the course are:
a)
To demonstrate an understanding of the three key financial statements
b)
To develop a practical understanding of cost control and reduction
C)
To be able to illustrate the relationship between costs and pricing
Course Outline:
An introduction to financial management
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a financial quiz
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review of management accounts and published accounts
The key elements of cost control
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how costs are affected by activity
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knowing which costs can be controlled by the manager