Financial Awareness Business Simulation

About This Course

The input of individuals from all areas of an organisation, is increasingly impacting on the operational and strategic success of any business. Understanding these dynamics is a must.

The Financial Awareness is a sophisticate simulation that builds essential financial fundamentals for every business professional, irrespective of their background or area of expertise.

As in the real world, participants have to be prepared to deal with uncertainty, manage risk and react to unexpected events. The 1-Day Balinca Financial Awareness simulation builds essential financial fundamentals in order to achieve this understanding.

Key Takeaways:

• Changing the financial monologue into a dialogue
• The importance of different financial ratios
• The effect of good inter-departmental communication
• Understanding and experience the different parts of an annual report
• How to complete an income statement and a balance sheet and see how they relate to business.
• Improving the use of your resources and increase the cash flow.
• Recognising how key indicators measure the success of a company and how your actions can influence them.

This Course is for people who:

• Want to understand an annual report, key indicators
• Are in sales, marketing or operations but want to understand the impact of business unit on the overall performance of the company
• Are non-financial professionals who wanta to quickly acquire financial and economic knowledge.
• Have direct line budget responsibility
• Are managers who would like to better understand the bigger picture and see the impact of your decisions
• Are a business owner or an entrepreneur who wishes market share