Understanding key financial tools, such as balance sheets and budgets, is an essential for the new manager; even if they come to the role with solid financial experience, a new manager now needs to understand how financial tools guide decision-making, and recognise their new responsibilities regarding the use of financial information when making recommendations.

This half-day session provides an overview of fundamental financial management practice and looks at basic financial tools such as budgets, profit and loss statements, and balance sheets. Delegates learn how financial tools can be used to deliver organisational goals such as profit maximisation and cost reduction, and gain an understanding of how to use financial information to inform decision-making.

• Fifth of six sessions within the 'Developing Managers' programme.
• Relevant to all sectors and organisations.
• An ideal overview for first time managers, irrespective of workplace context.
• Provides an overview of the basic financial tools new managers need to be effective in their role, and explains how financial tools can guide decision-making.
• Combines theory and practice to develop a basic understanding of financial decision-making tools.

For more information, please contact:

Carol Tighe
LAIBS Business Development Manager

Email: laibs-info@anglia.ac.uk
Tel: 0845 196 5685