Finance: Understanding The Basics

COURSE DESCRIPTION

This course covers the basic framework for understanding the accounting procedures within a practice: daily, monthly and annually.

Including cost management, understanding your practice and how to “keep your finger on the pulse”.

This course will help you understand your business and assist you in taking back the control over your financial development.

Participants may wish to bring pen and paper when attending the course (optional).

The following may be helpful to bring along if management gives permission for you to do so:-

• Budgets
• Profit and Loss statements
• Debtor Management
• Key Performance Indicators
  

COURSE CONTENT

• Day to day to monthly accounting procedures
• Monthly accounting procedures: Profit & Loss statements, budgets and debtors management
• Cost management: How to use the information extracted to assist with ongoing financial management decisions
• Understanding budgets and Profit and loss statements

LEARNING OUTCOME

On completion of this course, participants will have covered the basis of accounting and how to put their skills into the practice and manage the business from a financial factor.

TARGETED INDIVIDUALS

Individuals currently working as a Practice Manager/Supervisor that have limited or no understanding of their practice financials
Doctors, wanting to obtain/increases their knowledge in finance and how it reflects to the running of your business

COURSE DURATION

3 hour workshop