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 Tonbridge

Tonbridge is a place where markets were used to set up in the past. It was not mandatory at all for the smooth conduct of the market but it has potential to hold a market was also recognized as Market town. It comes under the jurisdiction of the Kent County. The population counting took place in 2015. The total population of the town was approximately 40 thousand. The famous river Medway flows through the city. The nearby locations are Royal Tunbridge Wells and Maidstone. The capital city London is 29 miles far from the city.  

History

As per the records of the Domesday Book, the town was recognized as Tonebridge. There is no concrete evidence of the suffix “bridge” but as per the old records there was a bridge belonged either to estate or Tuna. Some old records gave an idea that a large number of streams of high street could also be the reason. Prior to 1870, some also named this city as Tunbridge

Some of the architectures were constructed in the past such as Priory of St Mary Magdalene, Castles and a few more. One part of the city outskirt is known as Dryhill. When William Rufus got the throne, he captured the town with his military power. After some years, the town was again captured by King John immediately signing of Magna Carta. The earl, as well as his son, took the responsibility to save this town. Later on, this city was surrounded by Prince Edward who was the son of King Henry III. After went through a lot of damage, this was again constructed and renovated. Later this becomes an official residence of Edward II

During the medieval era, the City was strategically important for the kingdom. The number of steps had been taken by the king to improve Administration as well as Strategic part. These include the chartered that was issued to built walls around the city to save it from future attacks. Apart from this, the Charter to hold a market, Court Sessions were also issued. It was the mandatory condition that at least Two MP’s attend  Parliamentary sessions. But the construction of the walls had never been done. The “Fosse” commonly a ditch was constructed at that time. During the year of 1552, under the letters, patent of Edward VI Tonbridge school started its services for the town.

In the year of 1880, there was a parliamentary election held in this city and it also witnessed a riot during the election. The actions happened immediately after the announcement of the results of the election where a number of people gathered near the town and they started pelting stones toward winning party followers. At the time, The county’s chief showed exemplary leadership skills by controlling the riot. During 1939 to 1945, a prisoner of the camp is also set up in this city. The exact location of the camp was the junction point of the  Tudeley Lane and Pembury Road.

The Interesting, as well as sad incident of security depot robbery, is also associated with the town’s history. On feb2006, around £ 53 million was stolen from a depot.

Economy

There have been many major industries such as light painting, light engineering, and financial services. Tonbridge along with Tunbridge Wells has been nominated as Regional Hub by the South East Assembly. Since many years the town maintained the status of the market town. The Castle gatehouse a large country park and activities attracted many tourists towards the city. Other exposures facilities are indoor and Outdoor Swimming Pool, a leisure center, and various large sports ground are also included in the number. A lion’s share facilities are subsidized by the government itself.