Managing Budgets and Finance 

Dates TBA

Duration:

Please note that this is a three day program.

Why Attend?

For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organisation’s finances, whether we realise it or not.  For those who don’t have training or a background in finances, you may be at a disadvantage as you sit around the management table.  

Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure. This workshop will familiarise you with the key concepts of finance and accounting and help you prepare budgets with more confidence.

Learning Objectives:

At the conclusion of this workshop, you should be able to assess the financial performance and health of the organisation
Enhance your decision-making skills by integrating financial management concepts into your thinking
Understand the budgeting process and forecasting techniques
Manage your own budget, inventory and petty cash

Workshop Outline:

Introductions, learning objectives and agenda

Pre-Assignment—Complete a case study 

Understanding Accounting and Finance
    Getting to know the language of accounting
    Getting to know the players
    The cycle of finance
    Assets, liabilities and net worth
    Accounts payable and receivable
    Collections

Creating a Paper Trail

Managing Accounts Receivable

Understanding Financial Statements
    Basics of double entry bookkeeping
    Debit and credit accounts
    Understanding balance sheets, statement of earnings and retained earnings

Budgeting and Forecasting Techniques
    Forecasting techniques
    Capital budgets, operating budgets
    Zero-based budgeting
    Flexible and fixed costs
    Supporting budget items
    Preparing budgets

Comparing Software Applications

Managing Your Own Budget
    Internal controls and self-checking procedures
    Spotting trouble early
    Making budget adjustments

Review and Personal Action Plan

Evaluations

Methodologies: Case studies, discussions, skills play and demonstration.

Investment:

$TBA

Groups:

Do you have a group of people interested at your organisation? Contact us to find out more about our cost effective on site training options.

Booking:

There are a variety of booking options available

Phone us on: 1300 558 252

Email us: sue@synergyplustraining.com

Fax us: 1300 558 173
  Please include the name of your organisation, phone, email address and the name of the participant.
  We will email your invoice as a PDF document within 48 hours.

Or use the form below!

You can also pay online via our secure server (if places are still available you will find an online server link at the top of this page) 

Or download our registration form here

All cards are welcome.

We always cater for vegetarians or special dietary requirements. Also, all of the venues have wheelchair access

All of our programs and services are 100% quality guaranteed.
 

Synergy Plus Training Pty Ltd  3.16 / 35 Shelley St King Street Wharf SYDNEY NSW 2000
Phone: 1300 558 252 | Fax: 1300 558 173 |  Email: info@synergyplustraining.com