Finance Essentials - Online Training Package - CPD Certified
Finance Essentials - Online Training Package - CPDUK Accredited.
Welcome to The Mandatory Training Group's online Finance Essentials training package. All our online training courses, programmes and qualifications are accredited by the CPD Certification Service (CPDUK).
This online Finance Essentials training package will teach you the basics of financial management, how money flows, why cash flow is important, and how to create and stick to a budget. The skills you gain from these online finance training courses will enable you to manage a business and your expenses.
Course content
This online Finance Essentials training package includes the following modules:
Who is the course for?
This online Finance Essentials training package is ideal for first-time managers and anyone looking to establish solid foundational knowledge in finance.
Course aims
The aims of this Finance Essentials eLearning package is for learners to:
- Learn the basics of financial management, how money flows, why cash flow is important, and how to create and stick to a budget.
- Gain skills to enable you to manage not only a business but also your expenses.
- Broaden their knowledge and skills needed in financial management.
Learning objectives
On completion of this Finance Essentials e-learning package, the learner will be able to:
- Discuss the benefits of sound financial management
- Name the key principles of how best to manage your finances
- Know which pitfalls to avoid
- Understand how the economy functions
- Know how the circular flow of money works
- Explain the difference between real flows and money flows
- Know what “leakages” and “injections” are
- Explain the difference between leakages and injections
- Understand the key financial statements are – for both businesses and individuals
- Discuss the difference between being profitable and having a positive cash flow
- Explain how to produce a cash flow statement that gives a proper account of your activities
- Name the different types of and functions of budgets
- Illustrate how to structure a budget for your future operations.
Learning outcomes
The learning outcomes of this online Finance Essentials training package are to help you:
- List the benefits of sound financial management
- Know the key principles of how best to manage your finances
- Differentiate between real flows and money flows
- Define ‘leakages and ‘injections’
- List the key financial statements are – for both businesses and individuals
- Read and write financial statements
- Differentiate between being profitable and having positive cash flow
- Develop cash flow generation strategies
- Name the different types of and functions of budgets
- Know how to structure a budget for your future operations.
Finance Essentials - Online Training Package - CPDUK Accredited.
