Awareness that finance is not something that is separate
from the day-to-day activities within a business and
that each decision that is made within the organization
has a financial impact, was the stance that this client – and
many others -took when engaging Harper Craven to design
this rolling programme. Part of its management education
offering, this practical workshop underlines the direct
link between everyone in the business and organizational
financial well being.
Elements covered:
Why finance is important. What the link is between shareholder value, the business
and finance
Risk and shareholder expectations. The nature of risk, how this is measured by
shareholders and how this impacts decisions made within the business
Finance and the wider environment. The factors that need to be taken into account
when making commercial decisions
Financial statements. Understanding what a balance sheet, profit and loss account
and cash flow statement are, and how the statements impact on each other
Financial analysis. The concepts of analysis and the usefulness of financial
analysis in decision making
How the individual impacts the financial statements. How the day to day actions
undertaken by people impact on the bottom line profit, and thus shareholder value
Budgeting and control. Why budgeting is important. Understanding the main
stages in the budgeting and monitoring processes