Corndel works with organisations to develop their people, build organisational capability and drive measurable performance improvement. As part of DfE Skills Toolkit initiative we are delighted to share some core financial concepts training materials from our blended award winning Chartered Management Institute Diploma Programme.
This course teaches the essential analytical tools and financial reports used to manage organisations. Upon completion of the course you will be able to:
- understand the central accounting statements, comprising the balance sheet, profit & loss account and cash flow forecast;
- calculate key ratios to analyse financial data and make effective decisions;
- draw up and manage a budget for a team or department; and
- investigate the different types of variances that occur from budgeted spend and show how you would correct them.
Click on the icons below to access each module in video, text and audio formats. There are questions to help you review your understanding of each topic.
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