ATTENDEES

Who is the course aimed At - Financial Awareness training is ideally suited for individuals who wish to improve their financial literacy and make better-informed decisions. It is a valuable tool for professionals in accounting, finance, or business, as well as for those in other industries who want to better understand financial concepts.

This course is also suitable for entrepreneurs, small business owners, and managers who want to improve their financial management skills. It provides essential knowledge for anyone who deals with budgets, cash flow, financial statements, or investments. Additionally, individuals who are new to the workforce can benefit from this training to set themselves up for financial success in the long run.

Whether your goal is to advance in your career or to gain a better understanding of personal finance, Financial Awareness training is designed for all individuals who want to take control of their financial future. It is a practical and comprehensive course for anyone looking to enhance their financial knowledge and decision-making skills.

AGENDA

Course Agenda - Finance Its Part in the Marketing Mix, The Cash Flow Cycle, Lots of Business and How to Go Bust, Working Capital How It Is Used, Cash Flow and Profits, How Costs are Quantified, Costs of Production and Selling, Standard Costing, Understanding the Statutory Accounts, The Profit and Loss Account, The Balance Sheet, Cash Flow Statement, Accounting Conventions, Management Accounts, The Vital Management Tool, Cash Flow Forecasts, Analysing Accounts, Using Ratios to Analyse Performance, Making Inter-firm Comparisons, Using Data to Make Decisions, The Evaluation of Financial Risk, Discounted Cash Flow, Forecasting and Budgets, What Forecasts do we Need, How to Make Better Forecasts, Using Forecasts to Decide the Budget, Zero Based Budgeting, Pricing, Factors Affecting Price, Elasticity of Demand, Pricing Methods, Price and Contribution.

In this Financial Awareness training course, we will cover essential topics such as the role of finance in the marketing mix, the cash flow cycle, and how businesses can avoid going bust. We will also delve into working capital and its uses, as well as understanding how cash flow and profits are linked. Furthermore, we will explore how costs are quantified and the importance of standard costing in financial management.

Participants will gain a thorough understanding of statutory accounts, including the profit and loss account, balance sheet, and cash flow statement. We will also discuss accounting conventions and how they impact financial reporting. Additionally, we will cover management accounts, a crucial tool for decision-making in any organization. Participants will learn how to create accurate cash flow forecasts and use ratios to analyze performance and make informed decisions.

The course will also focus on evaluating financial risk and using discounted cash flow techniques to make sound investment decisions. We will explore forecasting and budgeting, including what forecasts are needed and how to improve their accuracy. Participants will also learn about zero-based budgeting and its benefits. Lastly, we will discuss pricing strategies, factors affecting price, and how to determine the contribution of each product or service to the overall financial performance of a business. .

CERTIFICATION

Course Accreditation - Successful candidates who attend and pass the Financial Awareness training course will receive a temporary certificate of attendance from Xyz Training Group. This certificate serves as proof that the candidate has completed the course and gained valuable knowledge in the area of business finance.

For National Training Card members, all accreditations earned through the Financial Awareness course will be automatically added to their account. This means that the candidate can easily access and showcase their achievements to potential employers or clients.

The Financial Awareness training course is accredited by Xyz Training Group, a reputable and recognized training provider in the UK. This accreditation adds credibility and value to the certificate, making it a valuable addition to the candidates professional portfolio. It also serves as a testament to the candidates commitment to continuous learning and development in the field of business finance.

JOINING

Joining Instructions - The Financial Awareness training course is one day long and has no pre-course requirements. Basic knowledge of business finance is helpful but not mandatory. Photo ID is not needed and candidates should dress in smart business attire.

Candidates are advised to bring a notebook and pen for note-taking during the course. No personal protective equipment PPE or other equipment is required. It is important for candidates to know the location of the course and any specific instructions from the training provider.

The Financial Awareness training course falls under the Business Finance family of training courses. It is designed to provide participants with a comprehensive understanding of financial concepts and practices in the business world. The course is suitable for individuals at all levels of experience and expertise.

Overall, the Financial Awareness training course is a valuable opportunity for individuals to enhance their knowledge and skills in business finance. With its one-day duration and minimal requirements, it is a convenient and effective way to improve financial awareness. Candidates should come prepared with a notebook and pen, dressed in appropriate attire, and aware of the course location and any specific instructions.

If you choose to book online you will immediately be confirmed on the course. You will also be automatically sent a full course information pack, receipt of payment and a VAT invoice by email.

WHY XYZ

Further Information - Financial awareness is a crucial skill for any individual or business. It involves understanding financial concepts, managing money effectively, and making informed financial decisions. In todays fast-paced business world, it is essential to have a solid understanding of financial awareness to stay ahead of the competition. This is where Xyz Training Group comes in. As one of the UKs largest dedicated training groups, we offer a comprehensive Financial Awareness course that will equip you with the necessary skills to succeed in the world of business finance..

Our Financial Awareness course is designed to cater to the needs of both individuals and groups. Whether you are a candidate looking to enhance your financial knowledge or a client with a team of people in need of training, our course is tailored to meet your specific needs. With over 50 centres across the UK, we offer the flexibility of attending an open course or setting up a dedicated course for your team. This ensures that you receive the training you need, at a location and time that is convenient for you..

At Xyz Training Group, we are committed to providing our clients with the best value for their money. Thats why we offer our unique Lowest Price Guarantee. This means that if you find a lower price for the same course elsewhere, we will match it. We believe that quality training should be accessible to all, and our guarantee reflects our dedication to this belief. So not only will you receive top-notch training from industry experts, but you can also be assured that you are getting the best price possible..

Enrolling on our Financial Awareness training course will not only enhance your financial knowledge but also give you a competitive edge in the business world. With our experienced trainers, flexible course options, and Lowest Price Guarantee, theres no reason why you shouldnt choose Xyz Training Group for your financial training needs. Dont miss out on this opportunity to boost your financial awareness and take your career or business to the next level. Enrol with us today and see the difference for yourself..

We're also proud to offer all clients our lowest price guarantee and free use of our award winning Training Management System