Finance Fundamentals

Explore theory of Finance and Valuation

ABOUT THE PROGRAM

Finance fundamentals course is designed to provide essential knowledge on corporate financial management within the organisation. Finance Fundamental course comes under Business Skills Training that helps in enhancing the efficiency of the business through better services. This course generates a link between the mathematics of finance, investment and valuation analysis. The main focus of the course is to create value for stakeholder and financial management within the workplace for effective outcomes.

The foremost idea about finance is determining what to buy, gathering proper resources to purchase it and then managing the resources using which the product or service is purchased. This course will cover everything from understanding the balance sheet to derivatives and securities. During the training, the delegates will also find some examples to look into financial reports from some companies for business decisions and then analyse the data that is required for making personal financial decisions as well.

  • Delivered by Certified instructors in luxury venues

  • Discover the best practices involved in Finance Fundamentals

  • Learn to allocate and manage the resources

  • We at MSP Training offer the best price in the industry

  • Learn how to estimate cost structure and price decision for better improvement

  • Key learning points and tutor support

  • Trusted by many leading brands across the industry

  • Measure the improvement of business by using financial information

WHAT'S INCLUDED ?

Find out what's included in the training programme.

Includes

Key Learning Points

Clear and concise objectives to guide delegates through the course.

Includes

Tutor Support

A dedicated tutor will be at your disposal throughout the training to guide you through any issues.

Includes

Courseware

Courseware will also be provided to the delegates so that they can revise the course after the training.

PREREQUISITES

Finance Fundamental course has no prerequisites but having some basic knowledge regarding the finance can be beneficial.

TARGET AUDIENCE

  • Finance Fundamentals course is very beneficial for those professionals who don’t have any idea or knowledge regarding the finance
  • Those who don’t have any formal financial training
  • Those who want a basic understanding of processes and procedures involved in the financial decision making
  • Business owners and managers can also attend this training in order to take better decisions as it helps in growing business

WHAT WILL YOU LEARN?

  • Get to know about the key drivers of business value and their working
  • Discover the fundamental principles of business success
  • Learn about the purpose of business information system
  • Determine how the management decisions impact the financial decisions of the company
  • Identify how to measure the improvement of business by using financial information
  • Learn to allocate and manage the resources of specific service or product
  • Determine the process of estimating cost structure and decisions for price for better improvement

Enquire Program

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PROGRAM OVERVIEW

MSP Training’s Finance Fundamental course will help the professionals to grasp the basics of finance including interpreting financial reports, recognizing the influence of strategies on work and also communication with the other professionals who are into the project. Learn to improve the knowledge and confidence in financial to make sure that fair decisions are being taken while measuring the performance of the employees. The professionals who don’t have a financial background and want to improve their understanding of the subject must join this training programme.

This course provides delegates with the financial concepts, terminologies, tools and strategies required to manage the finance in the organisation effectively. We at MSP Training ensures that the delegates gain the maximum out of the subject with the help of our experienced instructor. The training includes the real world examples that make the understanding of the subject easy and interesting.

The focus of the course:

The major focus of the course will be on the fundamental financial principles of project evaluation, funding and other resources. It also helps the team leaders to make better decisions related to finance and work more effectively by applying the learnt principles within the organisation. The aim of the business may be long-term or short-term depending upon the need. This leads to management of risk or challenges that may arise in future.  

 The major topics of the training include the following:

  • Understanding financial statements
  • Managing finances in the short term
  • Analyzing risk and return
  • Obtaining short-term and long-term financing
  • Understanding the stock and bond markets
  • Comparing the Facebook and Microsoft IPOs
  • Working with financial institutions
  • Using capital budgeting
  • Creating simple personal saving and investment plans 

Exam

Finance Fundamentals have the following exam pattern, and the delegate has to pass the exam in order to get certified.

  • Exam Type: Objective type
  • Exam Duration: 90 minutes
  • Passing percentage: 45 percent

PROGRAM CONTENT

The course consists of three modules. Each module has different learning topics of the subject.

Module-1

Elementary with the Customers (Sales & Debtors)

  • Invoice, Credit Notes & Statements
  • Sales & Debtors Control
  • Credit Control & Debt Collection

Elementary with the Suppliers (Purchases & Creditors)

  • Invoice, Credit Notes & Statements
  • Purchases & Creditors Control
  • Credit Control & Debt Collection

Elementary with the Banks (Cash Management)

  • Receipts & Lodgements
  • Payments
  • Recording & Reconciliation

Financial and Accounting Statements

  • Profit & Loss Account
  • Balance Sheet

Introduction to Cash Flow

  • Cash versus profit
  • Cash generated from operations
  • Sources and Uses of Funds

Financial Ratio Analysis

  • Profitability
  • Financial status
  • Efficiency

Budgets and Planning

  • Breakeven analysis
  • Budgeting process
  • Contribution and profit
  • Matching assets and funding

Module-2

  • Financial decision-making: Components
  • Working on business and strategy for cash-flow
  • Define Capital and overtrading
  • Managing Cashflow
  • Effect of financial decisions on P&L and Balance Sheet
  • Use of KPI in Managing information
  • Use a few key ratios to analyse accounts
  • Break-even and margin of safety                                          
  • Marginal costing, the elasticity of demand and pricing decisions

 

Module-3

Introduction to Accounting

  • Define Accounting
  • Assumptions for Accounting
  • Assets, Liabilities, and Equity
  • Accounting Principles
  • The Accounting Equation

Balance Sheet

  • Define Balance Sheet
  • Accounting Equation and Balance Sheet
  • Business Transactions and the Balance Sheet
  • Classifying Assets and Liabilities
  • The Balance Sheet in Action

Work with Accounts

  • The General Ledger
  • The Chart of Accounts
  • User Accounts for Transactions
  • Understand Debits and Credits
  • Double Entry Accounting
  • Account Balances
  • Revenue and Expense Accounts

Financial Statements

  • Define Financial Statements
  • Revisiting the Balance Sheet
  • The Income Statement
  • Statement of Owner's Equity
  • Generating Financial Statements
  • The Accounting Period
  • Business Entities and Financial Statements

Account Cycle

  • Introduction to the Accounting Cycle
  • Identify Source Documents
  • Record-Journal Transactions
  • Post to the General Ledger
  • General Trial Balance
  • Record Adjusting Entries
  • General the Adjusted Trial Balance
  • Prepare Financial Statements
  • Record Closing Entries

Finance Fundamentals Enquiry

 

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Reach us at 0121 368 7851 or info@msptraining.com for more information.

ABOUT Newcastle

New Castle upon Tyne is the other prominent name of the Newcastle. The Edinburgh is 103 far from it, and the capital city is 277 miles from it. Among the northeast region, Newcastle has the huge bulk of the population and is the main region of Tyneside Conurbation. If we talk about the rank regarding population among the urban city of the United Kingdom, it stands at eight. It is also a member of the Eurocities network of European cities. Until 1400, it was an integral part of the county of Northumberland. Later on, it became county till the becoming part of the Tyne and Wear in 1974. Geordie is the regional dialect of the region. This dialect is also followed by near-by people in large extent. New castle University has attracted a huge bulk of students and giving its services in the city.

The city developed around the Pons Aelius, which is a Roman settlement. During the 14th century, the city wool industry boomed at a faster pace. With time this industry got another rival regarding Coal Mining Area.  The Port set up near River Dyne was also recognized at the Global level. The economy of the Newcastle includes digital technology, retail, tourism, cultural Centres and corporate headquarters. It all contributes £13 billion Gross Value Added in the economy of the country. New Castle is the famous football club that is followed by people of the region. The city also hosted the Great North Run, a half marathon in the past. It attracts approximately 58,000 runners each year

History

The history of the city started with the settlement of the Roman. After the Roman Empire, The city was ruled by the powerful Empire of Anglo-Saxon Kingdom of Northumbria. The infrastructure of the city was damaged after the deadly war between Anglo-Saxon and Danes. Throughout the middle ages, Newcastle acted as a fortress for the northern side of the England’s.  In the 13th century, a high stone wall was built around the town to protect the city from invasion. The King William the Lion was imprisoned in Newcastle during the late 11th century.

The setup of ship production unit and armaments became the main of the target of enemies during the second world war. There were a large number of the Air Strikes at that time that caused a huge loss to the infrastructure of the city. The expansion of the public sector of the city got expanded during 1960.

Climate and Economy

Owing to its closeness to Cold Ocean, The city experiences the coldest weather condition of the United Kingdom. In contrast with the current scenario, the region comes under the rain shadow of the North Pennines which ultimately makes it the driest region of the country. In opposite to other cities of United Kingdom, New castle has colder winters but cooler summers. The city geographical position is similar to the Southern Sweden and Copenhagen, Denmark

The new castle was also an important city for shipbuilding, engineering, manufacturing coal mining during 19th century Industrial Revolution. Whereas the second half of the 20th century faces a lot of downfall by heavy industries. The city has put a lot of efforts to improve and save the climate of the region.

Demography

As per the last survey that was conducted by ONS in 2015, the population of the city was around 2,94,000. The City also accommodate the largest student community owing to Northumbria. The major bulk of the students residing in the Heaton and Jesmond. The city has a maximum population of the Christian community, where 16% people do not follow any religion. The dialect of Newcastle People is commonly recognized as the Geordie. The health of people of this city is not good as per the previous records of the city.