LBTC Financial Literacy Course, Helping Professionals Make Informed Financial Decisions

1. LBTC Financial Literacy Course, Helping Professionals Make Informed Financial Decisions Not exactly the sole one, but money is certainly the most fundamental purpose of business! However, while engaging yourself in the sales, marketing and operational aspects of your business, you may forget to attend your business on the financial front. This is quite a natural tendency. Often, senior managers, senior executives, etc. from other departments keep away from numbers, however, in the modern context, it is necessary that the key people have an understanding of financial concepts and financial reporting, so that the business, along with its fuel (its finances) is managed in a better manner. LBTC offers a modern-age financial literacy course in the form of financial analysis training and financial reporting. It deals with a lot of modern-age concepts that help managers become better business leaders. Financial literacy course, along with the comprehension of the complex financial reports, is important for a better understanding of the financial health of the business, and also to forecast the situation, and design strategies accordingly. LBTC’s financial literacy workshop serves this purpose, as it includes everything that is required to be a better manager and business owner from the financial viewpoint. LBTC Financial Literacy Workshop | Accounting Crash Course | LBTC Finance Crash Course At the outset, let us look at the financial literacy workshop. Cash Budget: Accounting concepts, the need for managers to understand accounting, gross profit and gross profit margin calculation, and timings of receipts and payments. Introduction to the Profit and Loss Statement: Types of accounts, measuring profit, double-entry bookkeeping, trial balance, sales cost calculation, capital versus revenue expenditure/ income. Balancing the Basics: Accruals and prepayments, the statement of financial position, and assets and liabilities. Company Accounts: Profit and loss statement, the statement of changes in equity, intangible assets, financial position statement, revaluing assets, corporate governance, and the statement of comprehensive income.

2. Company Finance: Share capital, venture capital, the nature of limited companies, the stock exchange, loan capital and debentures, reporting requirements, and retained profits. Accounting for Depreciation and Bad Debts: Bad and doubtful debts, disposal of non- current assets, the straight line method, the reducing balance method, users and limitations of the statement of financial position. Interpreting Financial Statements: Probability ratios, liquidity ratios, ratio analysis, the pyramid of ratios, the working capital cycle, and control of working capital. Capital Structure and Investment Ratios: Investment ratios, capital structure, and limitations of ratio analysis. The Statement of Cash Flows: Managing cash, source of cash flow, tax, interest and dividends, movements in working capital, non-current assets and the statement of cash flows, and what to look for in cash statement flows. Contact US: Address: Seven Pancras Square 7 King’s Boulevard Kings CrossLondon N1C 4AG. Phone No: +44 2038597711 Website: https://www.lbtc.co.uk/