Since 1999, Maguire has developed learning interventions based on ‘The Pathway to Excellence’ philosophy and this approach demands that training should not be merely about course delivery, but measureable outcomes. Read more...
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Understanding Profit, Cash Flow and the Balance Sheet
Aim: The delegate will learn about why a business needs a healthy cash flow and how the balance sheet is interpreted.
By the end of this module the delegate can:
- To be able to explain the meaning of profit and identify the different types of profit
- To recognise the importance of businesses managing cash flow effectively
- To understand the relationship between profit and cash in a business
- To interpret the figures on a balance sheet