Training Course Outcomes:
Understand financial reports and differentiate between profit and cash
Understand the concept of working capital
Understand how common accounting reports can improve budgeting
Appreciate basic taxation and its implications for business structures
Identify cash flows, select appropriate methods of handling inflation, taxes and non-cash flow expenses such as depreciation
Understand the application of sensitivity analysis, the nature of risk and how to handle risk in the analysis
Use common budget reports to manage business operations
Relationship to Competency Standards:
BSB FIA 402A Report on financial activity
