By Ross Maynard, Director

Business Finance

Language: English
All Levels

Course description

There are three main reasons for business failure – an under-skilled management team; ineffective marketing; and poor financial management. Every manager, or student of management, requires a good grasp of business finance. This course will help. Business finance concerns the management of the monetary resources of an organisation. There are two aspects to this: • Raising the money to invest in the business • Managing that investment properly to generate a return Raising the money is about having an attractive proposition and managing the risk to investors. Managing the investment is about the financial controls and reporting of the business. This course covers the three main financial reports; financial performance indicators; and investment analysis. This course will give you a good grasp of the key principles and issues in business finance. Participants in this course will learn: • The history of business accounting • Why businesses fail • The two main purposes of business finance and accounting • The key principles of business finance and what they mean • What debits and credits are • The three key financial statements for an organisation • What the Balance Sheet tells you • What the Income Statement (also called the Profit and Loss Account) tells you • What the Cashflow Statement tells you • Key financial performance indicators in business • Analysing business investments

Related Skills

Course overview - 12

  • What is business finance?

  • Why businesses fail

  • The Principles of Business Finance Part 1

  • The Principles of Business Finance Part 2

  • The Balance Sheet

  • The Income Statement

  • The Cashflow Statement

  • A Business Finance Exercise

  • Financial Performance Indicators

  • Investment Analysis

  • Investment Analysis Exercise

  • Key Learning Points in Business Finance

Learners who have already enrolled in this course

Meet your instructor

Ross Maynard
Ross MaynardDirector
I am a Fellow of the Chartered Institute of Management Accountants in the UK, and director of Ideas2Action Process Excellence Ltd.  I have 30 years’ experience as a process improvement consultant and facilitator, combining strong analytical skills, with 30 years’ experience of process analysis and improvement, and organisational transformation. I have supported improvement projects with some of the world's leading organisations including Boeing, Rolls Royce, Thermofisher Scientific, Royal Bank of Scotland, Parker Hannifin, Watlow Electric, Bosch, the NHS, and many others.  I have spoken at conferences and seminars in the UK, Denmark, Russia, Italy and Australia; and had many articles published in business journals. As well as process improvement consultancy and facilitation, I am a professional author of online business courses, and regularly delivers live webinars for the ACCA and other professional organisations. I live in Scotland with my wife and daughter.