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Personal Productivity

Manage Budgets and Financial Plans 1 (PP05EO)

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Instructor

Savvy

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Course Overview

How You Will Benefit:

  • You will understand basic financial terminology
  • You will enhance your decision-making skills by integrating financial management concepts into your thinking
  • You will be able to better control the flow of money through your department
  • You will understand the budgeting process and forecasting techniques

What You Will Cover:

  • What is finance?
  • Getting to know the players of a company
  • Record keeping terminology
  • Balance sheets
  • Liabilities and equity
  • Profit and Loss statements
  • Credits vs. debits
  • Tracking business expenses
  • Analysing financial statements
  • Defining and preparing budgets

Course Content

  • Academy Topics

    • Session Overview

    • Learning Objectives

    • Personal Objectives

    • What is Finance?

    • Who are the Players?

    • Record Keeping Terminology

    • Balance Sheet Overview

    • Sample Balance Sheet

    • Liabilities and Equity

    • Smith’s Gourmet Foods

    • Galvez Manufacturing Company

    • Profit and Loss Statement (AKA Income Statement)

    • Credits vs. Debits

    • Tracking Business Expenses

    • Ways to Track Expenses

    • Analysing Financial Statements

    • Defining a Budget

    • Preparing a Budget

    • Budget Exercise

    • A Personal Action Plan

    • Recommended Reading List

Paid
  • Lessons 21
  • Skill Beginner
  • Last Update 27/02/2025