The Balance Sheet Barrier: The Basics of Business Finance

Introduction

Accountancy is the language of business and those who do not understand it are at a serious disadvantage. Understanding the basics of financial management gives any business professional a more informed view about the company’s performance and allows them to play a more active role in shaping its strategy.

The Balance Sheet Barrier: The Basics of Business Finance is a helpful introduction for non-financial managers to the main features of a balance sheet, a profit and loss account and a cashflow forecast.  By demystifying financial jargon, the course will help them interpret financial information and use it to make better business decisions.

Who is the course for?

The Balance Sheet Barrier: The Basics of Business Finance is suitable for people who are likely to become first-time managers, and those who are already managers but have little or no knowledge of how key financial statements are calculated and what they mean.

This course is appropriate to any business sector, there are no formal entry requirements and employees do not require any prior experience.

What will you get from this course?

When you have completed this course you will be able to:

• understand the difference between key financial documents
• describe the significance of the balance sheet, profit and loss accounts and cash-flow forecasts.
• understand how money goes round the business and how to track and measure it

Course features

Famous faces Dawn French and John Cleese show you the basics of business finance using everyday language and graphics to explain key financial documents and complex concepts in a simple and easy-to-understand dialogue.

These well-known personalities act out the differences between a well-educated company director who knows nothing about finance and the owner of a small factory who knows all about how money goes round the business. Delivered in a light hearted and entertaining way, it will help you understand the foundations of this complex side of business. 

Before you begin you’ll take a short test to help identify any knowledge gaps. As you work through the course you’ll be presented with simple exercises to check your learning.

You can start the course straight away and access it at any time, providing you have the use of a computer with an internet connection. The course is available for six months from the date first accessed.

Other courses you might be interested in

Financial Environment
Working to a Budget
Cost-Benefit Analysis
Harvard ManageMentor

Course code

104198BT015

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