This course looks at some of the components that make up a companies accounts, and discusses fundamental concepts in their creation, how they are prepared, and how to interpret them.
DurationWhy does a finance professional need to know how to understand financial statements?
The financial statements of a business represent a snapshot of its financial health at a certain point of time and the performance over the reported time frame. If we have a good understanding of how to interpret these financial statements, we are better equipped to recognise the risks that may be present in both the businesses that we operate and the businesses of our clients.
Being able to recognize these risks means we will be well informed in terms of managing our own businesses, or from an insurance perspective, when in discussion with insurers and other interested parties and able to provide appropriate risk management advice.
This course looks at some of the components that make up a companies accounts, and discusses fundamental concepts in their creation, how they are prepared, and how to interpret them.
Based in Auckland, New Zealand, Professional IQ College is one of New Zealand’s leading providers of education and training for those working in the insurance and financial services industries.
Originally established in 2009 as IBANZ College Ltd, (now Professional IQ College Ltd), we deliver NZQA accredited programmes leading to qualifications in financial services as well as industry certificates and learning to promote competency and professionalism throughout the financial services sector.
Professional IQ College is a Private Training Establishment (PTE) registered with NZQA and accredited by The Skills Organisation to deliver training and assessment for insurance and financial services qualifications within New Zealand.
Finance for non-financial managers explains the financial concepts and accounting processes used in most businesses providing a foundation for you to understand and use financial information in decision making, including resource allocation and evaluating financial performance.
This accredited course contains 20 hours of learning split into 10 sessions which cover an introduction to the basic concepts of finance, teaching you how to read basic financial statements.
The realities of business are such that a knowledge of business and accounting principles is essential if we are to discharge the responsibilities of our jobs effectively.
The ILX Finance for Non-Financial Managers e-learning course is the only e-learning package to be have been accredited by the APMG and has been used to train over 100,000 people world-wide.
Position yourself to be more confident in your business and financial decisions. This course will provide you with a better understanding of financial information and basic operations so you can make better decisions that will positively impact your company's bottom line.
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