Finance - The Basics

Every decision that a business makes potentially impacts on the finances of the organisation. This course helps to demystify accounting and finance and provides a broad understanding of the basics. Areas covered include why financial records are maintained, the importance of accounting systems, financial terminology, and an overview of the financial statements. Delivery is based around discussion of the topics with the use of practical examples and exercises to help embed the new skills. This is an ideal introductory course for those wishing to undertake Finance for Non Finance Managers.
What will you learn?
  • Understand the Financial Statements and how you can influence the results
  • Understand different financial terms and concepts
  • What is a Profit and Loss Account
    (or income and expenditure account for the third sector)
  • What is a Balance Sheet and the relationship with the Profit and Loss Account
  • What is a Cash Flow Statement
  • Why “cash is king” – the difference between profit and cash
  • Debits and credits
  • Accounting ledgers and systems
  • The Trial Balance
  • Preparation of accounts
  • Jargon busting
  • Other accounting transactions including VAT
Who is it for?
Business owners, managers, professionals and support staff who need to understand more about basic accounting and finance and how they function within business.

In addition, we can tailor a programme for your needs with our in-house training courses making them focused, consistent and relevant to your business needs.

Find out more 01224 343917

Course duration: 1 day

Please note that payment is due at the time of booking. Invoicing is only possible on immediate payment terms after receipt of a valid purchase order number (if applicable).



Aberdeen & Grampian Chamber of Commerce
The Hub, Exploration Drive
Aberdeen Energy Park
Bridge of Don
AB23 8GX
Limited places available
Please select a date