Profit & Budgets

Half day

Financial Management Development Program

Drenched in the storm of the financial  crisis? Snowed under with financial jargon and incomprehensible concepts? Under pressure to reign in a budget that you don't understand? 

Financial management is an important addition to your management skills.  Learn what the jargon means, how to crunch the numbers and how to read the reports and end your financial crisis early!

Who Should Attend:

Non-finance managers in any industry

Objectives:

By the end of this workshop you will be able to:

• Explain what the Profit & Loss Statement and Balance Sheet are.

• Distinguish between Capital and Revenue items.

• Talk about "above the line" and "below the line" items without bluffing.

• Calculate Cost of Sales, Gross profit, Gross margin, Net profit

• Calculate break-even and contribution margin.

• Complete a text book operating budget.

• Use the Net Present Value method to complete a simple Capital Budget.

Content:

• Introduction to Financial Statements
• The Profit & Loss Statement
• Cost of Sales
• Contribution margin and break-even point
• Operational budgeting
• Capital budgeting

Public Courses

$495 per person

Sydney CBD : Saxons Level 10, 10 Barrack Street

Melbourne CBD : Saxons Level 8, 500 Collins Street

Contact us for dates