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Finance for non-finance people
“In the business world, the rear-view mirror is always clearer than the windshield.”
Warren Buffet
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How much do you know about finance?
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The three primary financial reports (P & L, Balance Sheet & Cash Flow Statement), what they mean and why we have them
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How to read a P & L and Balance Sheet
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The four places for profit and how a profitable business can go bust
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Financial terms and what they mean eg. turnover, gross profit, debtors, creditors
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Other reports that an FD can provide.
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What does shareholding in a business mean and how to value a business.
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The story that the numbers can give you
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Insurance requirements (PI and PL)
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