Whatever your role, you will be more effective if you are aware of how your actions and decisions affect financial performance. And, if you are able to talk the language of finance, your ideas and suggestions are likely to be given greater weight.
1 hour
Members: £0 + VAT Non-members: £0 + VAT Free Webinar
This webinar will introduce you to the main financial statements:
We will explore how they are created, the key components of each and how they are used in some of the key financial indicators (KFIs) such as Return on Investment (ROI).
To link financial performance to business decisions, a spreadsheet model will be used. You will be able to see, for instance, what impact a delay in receiving payment from customers has on cash flow or how overall profitability is affected by changes in price and marketing approaches.
We will also consider what the financial statements don’t show us and how they can mislead managers.
Our webinar is designed to appeal to new managers, aspiring managers and those with experience.
This webinar will provide you with extra confidence in making decisions which create value for your organisation while showing others that your technical expertise is complemented by commercial awareness.
Tell us your team's CPD needs and we'll come to you with a specialised training programme, customised for your engineering sector. Contact our advisors if you need help finding the most appropriate training for your team.
Contact us if you have any questions about our training courses.
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A range of options to help you maximise your training budget.
2 day course
Profitability is everyone’s responsibility, not just the “commercial” functions; and engineers have a pivotal role to play. This is an overview of some of the practical ways engineering can contribute to your organisation’s financial health
Qualification
A practical approach to support you in developing the skills to understand financial and management accounting.
Tell us your team’s development needs and we’ll come to you with a specialised training programme, customised for your organisation.
What options are available?
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