Event Date: 23 May & 20 June 2018

Duration: 2 x 3 hour sessions, 9.00am -12.00 noon

Location: BDO, 1130 Pukaki Street, Rotorua

Description

Have you ever wondered why you haven’t got the profit your Accountant has told you you earned in the bank?

This two part programme has been designed to provide businesses with a working understanding of the financial basics that they need to run their business. The programme provides today’s small to medium business manager with practical skills and knowledge to analyse and interpret the financial performance of a business. It also gives an understanding of how to use these skills to identify emerging problems. Particular emphasis is given to understanding what profit versus cashflow is and key performance indicator monitoring systems.

 

The Expected Outcome of Attending This Programme

  • Participants will have a better understanding of critically important financial management principles and methods of diagnostic analysis. You will therefore be able to exert tighter control over your business and identify emerging problems more quickly.
  • Participants will be able to work more effectively with their financial advisers because they’ll have a better understanding of the language of finance.
  • Most importantly, participants will learn about business-specific financial performance indices that they can use in the ongoing management and control of their business.

 

Specifically, this training programme deals with the following issues:

  • What profit really is, how it is measured, and why it is different from cash flow
  • How you can manage the relationship between risk and return in business
  • The 4 ways to improve the profitability of your business
  • How to increase sales revenue
  • How to analyse costs to improve the performance of your business
  • How you can use a technique called Cost-Volume-Profit analysis on your own business
  • What you really need to measure to manage your business effectively
  • How to measure and control your working capital and ensure that it’s consistent with your overall business strategy
  • How to grow your business so that you simultaneously increase profit and cash flow
  • What you need to do now to project and monitor the performance of your business

 

Cost: $1,200 + GST (please note you may qualify for a registration fee subsidy of  up to 50% through the Regional Partnership Programme contact Matt O’Meeghan on 07 347 9087 for more information)

Includes: 

  • A COMPLIMENTARY place for an accompanying person from your business
  • A participant’s guide plus handouts
  • Morning tea Includes

 

Register your interest below:

Advanced Financial Management Programme Event Registration

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