Financial Constraints

Aims & Objectives

This one day course will enable delegates to deliver effective practical training sessions to their staff.

Course Objectives

• Reading and interpreting financial information
• Constructing and managing budgets
• Managing and controlling costs
• Building and working with budgets
• Making a business case
• Justifying decisions with financial information
• Understand financial statements, principles and conventions
• Basic Accounting – Accruals Accounting
• Capital v Revenue
• Accruals, provisions and depreciation
• Cost terminology and behaviour
• The VFM model
• Defining Value
• Estimating and planning cost
• Models for cutting cost without cutting value

Target Group

• This programme is designed for any manager working within the Social Care Sector. Managers who deal with and manage budgets will get the greatest benefit.

Accredited

• This is a non-accredited course.

Additional Information

• Delegates will be equipped with a range of knowledge and skills to improve their decision making and increase their level of confidence when dealing with finances in the workplace.
• This programme is interactive. It uses case studies that stimulate the role of managers.