Background

This seven-day BFM training gives you a thorough understanding and importance of finance management in office. This Basic Financial Management training introduces participants to the fundamentals of financial management. Participants will become familiar with basic accounting concepts and terms, track business transactions, use universal accounting tools such as the general journal, general ledger, and trial balance. Training activities also cover the purpose of and how to use the four financial statements – the income statement, the balance sheet, the cash flow statement, and the statement of stockholders’ equity. Finally, participants learn how to create and enforce a budget by analyzing financial statements, setting objectives, and monitoring performance.