Lucy Academy

Budgets and Financial Reports (LUCY_EIMF_SS_BFR1122)


Description
Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When terms like ROI, EBIT, GAAP, and extrapolation join the conversation, you'll want to know what people are talking about, and you'll want to be able to participate in the discussion.

Understanding finance basics like financial planning and budgeting is a fundamental part of running a successful business — large or small. Without finance training, your company’s balance sheet can quickly become out of order and your business unsustainable.

The Budgets and Financial Reports course will give you a solid foundation in finance. We'll cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.

During this 8-hour self-paced elearning course, learners will have the opportunity to learn the following:
• Identify financial terminology
• Understand financial statements
• Identify how to analyze financial statements
• Understand budgets
• How to make budgeting easy
• Understand advanced forecasting techniques
• Understand how to manage the budget
• What are the benefits of sound financial management
• What are the key principles of how best to manage your finances
• Identify How to make smart purchasing decisions
• Identify the legal aspects of finances

Course Content
• What is Finance?
• Key Financial Statements
• Analyzing Financial Statements
• The importance of Cash Flow
• Understanding Budgets
• Budgeting Made Easy
• Advanced Forecasting Techniques
• Managing the Budget
• Making Smart Purchasing Decisions
• Financial Risk Management
• A Glimpse into the Legal World

With case examples that make learning stick

Training Method
Cases studies and stories are one of the best ways to remember information. So, every module is built around a memorable context your users won’t forget.
Written & reviewed by experts
Each topic is heavily researched using the most up-to-date information from subject matter experts. Senior instructional designers review every module to ensure that the intended skills and knowledge are transferred.

Registration and Access

To register to this course, click on the ”Buy Now” button to pay online and receive your access. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalising your payment.

Access to the course is valid for 365 days.

Certificate

Once you complete the above modules you will receive your certificate, which is issued by the European Institute of Management and Finance (EIMF).
Content
  • LEARNING CONTENT
  • Budgets and Financial Reports
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever