Principles of Finance for Administrative Managers
This one day training course is a Unit of SFJ Awards – Level 3 Award in Professional PA & Administration Skills
Overview
This course will enable PAs and Administrators to better support their teams from a financial perspective. You will be able to interpret the key financial statements including profit and loss accounts, balance sheets and cashflow reports. You will be able to create and monitor departmental and project budgets and understand financial terminology and jargon.
This is a live Virtual Instructor Led One-Day training course that runs from 9.30 – 16.30 UK time with a break for lunch.
“I wish I had done this training years ago! It answered so many questions I have always felt scared and almost embarrassed to ask. It has helped me to understand massively… the fundamentals and importance of finance, why decisions are made, why we need to take time to evaluate and how it can be such a fantastic tool to plan for the future. This course really adds so much value.”
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Daniel Skermer
At the end of this course you will be able to:
- Demystify financial terminology and jargon
- Understand the business flow of money and business cycle phases
- Recognise different financial structures of organisations
- Read and interpret the main financial statements - Profit and Loss/Income Statement. Balance Sheet/Position Statement and Cashflow
- Differentiate between Capex and Opex and understand the process of depreciation
- Understand the basic mechanics of VAT
- Develop and monitor a department or project budget
- Identify, manage and control costs
Why train with Your Excellency?
We're PA/EA champions
Your Excellency champions PAs like no other training provider. We design and deliver accredited training and qualifications that help to develop your career and profile within your business. Our founder and Director Lindsay Taylor is a former PA herself so she understands the challenges you face in this diverse role. We advocate membership of a professional body and have a close relationship with the Institute of Administrative Management (IAM).
We're part of a big network
We’re well connected in the PA, VA and learning & development communities. We value the power of networking and can give you a personal introduction to PA Networking owners in your area so you can tap into the amazing community around you. Furthermore, during your period of study with us you have student membership of the IAM. Upon achievement of your qualification you can upgrade to full IAM Membership at preferential Your Excellency alumni rates.
We Deliver Accredited Training and Qualifications
This course is one of 12 available within the Level 3 Award in Professional PA and Administration Skills. Complete 5 of your choice and you will achieve your own professional qualification. We work with Awarding Organisation SFJ Awards who are regulated by Ofqual. This means you can be sure that our content is of the highest quality and completely up to date.
Industry leading training
If you want to take your career as a PA or EA to another level, there is no better training partner than Your Excellency to ensure you achieve your goals. Because we understand that in the PA, EA and Administrative profession you often have many different responsibilities, our courses cover everything from marketing to finance, event management to business writing.
