Finance essentials - the principles

Member price for Online Live: £144.50 + VAT
Non-member price for Online Live: £170 + VAT

Member price in England: £268 + VAT
Non-member price in England: £315 + VAT

Timing: 2.00pm-5.15pm

Overview

This highly interactive course will see delegates apply key financial principles to a business of their own choosing. Delegates will have a short review of the knowledge gained from Module 1 of the programme. The course then goes on to discuss and work through examples of what constitutes Capex, what happens to Non-current assets over time as well as rules around revaluation and disposal of assets. This course will also cover the impact of the accruals principle using worked examples for a range of transactions produced by its application.

Who should attend

This course is for anyone who wants to start to understand financial terms or processes or wishes to cement their existing knowledge.

What you will learn

Every action within a business has some kind of financial impact whether it be signing a multi million pound contract or simply using some salaried time having a cup of coffee. A greater understanding of what happens within a business and its financial impact can only be beneficial to an organisation’s long term success and the quality of the financial information they produce. With a greater focus on financial stability in these pressured times the skills, knowledge and behaviours that this course promotes will provide delegates with a more rounded CV and can only improve their career prospects.

By the end of the course delegate will, with the aid of their notes, be able to explain:

• what the financial rules and guidelines are when producing financial information
• what constitutes Capital expenditure and Operating expenditure
• how depreciation and amortisation work in a range of different situations and the impact on the accounts
• the impact of lease accounting on the financial statements
• the impact on the financial statements of an accrual, a prepayment, accrued income and deferred income
• what a provision is and how it differs from an accrual and a contingent liability
• case studies to bring the theory to life

Related courses

This course is part of BPP’s Finance for Non-Financial Managers programme that consists of 8 half day modules. The courses are designed to be stand alone but, as a programme, provide a comprehensive understanding of key finance concepts for non-finance managers from accounts production and interpretation to budgeting and forecasting.

The courses in the programme are:

• Finance Essentials - The Statements
• Finance Essentials - The Principles
• Finance Essentials - Introduction to Control and Audit
• Finance Essentials - Company Accounts and The Annual Report
• Finance Essentials - Introduction to Strategy and the Business Case
• Finance Essentials - Introduction to Investment Appraisal
• Finance Essentials - Introduction to Budgeting
• Finance Essentials - Introduction to Forecasting & Reporting

Questions?

BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com