Programme masterclass ‘Business finance for TT professionals’ 17 November 2011 Amsterdam (Schiphol airport) - the Netherlands Session leader: George Fildes 09.30
Welcome
09.45
The finance model How your business works from a financial perspective The difference between turnover, profits and cash flow The importance of cash management (cash is king!) How your business is funded and where money is spent
11.15
Coffee & networking break
11.30
Financial terminology depreciation & amortisation gearing EBIT and EBITDA accruals and prepayments capitalisation of costs
13.00
Lunch break
13.30
Financial statements The key statements (P&L, Balance Sheet & Cash Flow) explained How to quickly interpret the financial stability, solvency & efficiency of a business – the key financial ratios
15.15
Tea & networking break
15.15
Management accounting The relationship between sales, margins & costs Costing methods – full, marginal and activity based Budget & Forecasts The Profit Improvement Model
17.00
Closure