The Overall Objective

is to increase knowledge and confidence, by developing financial knowledge & skills, contributing towards better understanding of Company financial situations, tools and measures to monitor Company performance, and better decision making upon recognising when action is needed.

Training Objectives: by the end of this training the delegates will be able to...

• Describe the key financial terminology relevant for them
• Define the nature of the companies and business organisations, and how their finances are produced.
• Select and apply appropriate financial measures to financial statements to assess viability
• Demonstrate methods of exposure control in case study situations.

Sessions​​ 

Outline Content

Possible Case Studies

Pre Training

  • Individual briefing

  • Option: pre training quiz

  •  

Introduction & Learning Objectives

  • Outline Agenda

  • Overall Objectives

  • Personal Learning Objectives

  •  

Company Structures and Accounts

  • Technical Knowledge quiz

  • Live Companies House search

  • Delegates to come prepared with company examples

  • Large PLC

Making sense of company financial statements

  • What is P&L, Balance Sheet

  • Key Financial Indicators
    Profitability & Viability
    Shareholders Funds, EBITDA, Positive Net Assets

  • LCC ITT ratios

  • Own company

  • Case study for each department
    mix of large plc, medium UK, small UK & overseas company

Measures & Tools for managing risk

  • Bank references

  • Credit agency checks - Creditsafe

  • Guarantees

  • Bonds & Insurance

  • CCJs

  • Use Creditsafe for large co & small co​​ 

Company Changes

  • New directors/owners/name/legal structures

  • Relenat examples

What does “going bust” really mean?

  • Administration process

  • Liquidation

  • Dealing with the Administrators

  • Customer who went into administartion

Overseas Companies

  • Brief discussion/examples

  • Other Case study/studies

  • Chinese/Indian company

  • Local subsidiary

Learning Review

  • Action Planning

  • Start. Stop, ​​ Continue

  • Link to development plans/objectives