Finance De-mystified - Specially for HR and Training People
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Are you a HR / Training professional trying to get a grip on finance?
Would you like to…
1. Be able to read financial reports and make sense of them?
2. Plan and manage your budget better?
3. Manage wage costs and prepare wage forecasts?
4. Stand your ground or put a business case to people that only look at the numbers?
5. Conduct a return on investment analysis on your training?
6. Have some tools, techniques and spreadsheets to help you manage better?
If you have answered yes to any of the above, you need:
Finance De-Mystified - Specially for HR & Training People!
This 2-day programme will give you the skills and confidence to approach finance and financial people in a new light. Specially designed by Invisio for the IITD, the trainer, Tony Shone will take participants step by step through the principles and practice – plenty of practical examples and case studies will reinforce learning, and there will be plenty of time for questions.
Feel the Fear and Do it – Book Now!
This two-day course will cover the following areas:
- The Basics of Accounting - Balance Sheet; Profit & Loss Statement; Cash Flow Statement; Accounting concepts; Contribution Analysis and Breakeven
- Analysing Accounts - Key Performance Indicators; Profitability; Liquidity; Efficiency
- Forecasting & Budgeting - Cost Plus & Zero Base methods; Wage forecasting
- Investment Appraisal - The evaluation of expenditure
- Profit Sensitivity Analysis - Taking a more strategic approach to profit improvement
After this course, participants will be able to
- Describe the fundamental principles behind the compilation of a company's accounts
- Analyse and interpret the data in a meaningful way
- Understand the key performance indicators of a business and those of particular reference to HR/Training professionals
- Demonstrate the techniques used in forecasting and budgeting and develop a methodology for forecasting wages
- Demonstrate two methods of evaluating routine and capital investment
- Conduct a profit sensitivity analysis to establish a more strategic approach to profit improvement
Course Objectives:
At the end of this programme, participants will be able to:
• Describe the fundamental principles behind thecompilation of a company's accounts
• Analyse and interpret the data in a meaningful way
• Understand the key performance indicators of a business and those of particular reference to HR/Training professionals
• Demonstrate the techniques used in forecasting and budgeting and develop a methodology for forecasting wages
• Demonstrate methods of evaluating capital investment
• Conduct a profit sensitivity analysis to establish a more strategic approach to profit improvement
Course Content
• The Basics of Accounting:
o The Balance Sheet
o The Profit & Loss Statement
o The Cash Flow Statement
o Accounting Concepts
• Contribution Analysis & Break Even
• Analysing Accounts
o Key performance indicators
o Profitability
o Efficiency
• Forecasting and Budgeting- Cost Plus & Zero Base methods; Wage forecasting
• Investment Appraisal - The evaluation of expenditure
• Profit Sensitivity Analysis
Provider : www.invisio.ie
The Trainers Learning Skillnet is funded by member companies and the Training Networks Programme, an initiative of Skillnets Ltd, funded from the National Training Fund through the Department of Education and Skills.
