Skip to content
Skip to navigation menu

 

Finance, Funding & Resources

Lose your Fear of Finance: Skills for Business and Research

1 day

Financial awareness is a fundamental part of starting a business and is important within the research environment too. Whether you are thinking of starting your own business or just want to improve your financial knowledge and skills, this workshop will put you on track.

At the end of the day you will be able to:

  • Prepare an operational cash budget using an Excel template;
  • Understand what profit/loss statements and balance sheets are and how they are constructed;
  • Understand the basics of ‘dragon’s den finance’ (“I’ll sell you 40% of my company for £1m”);
  • Tell how quickly a company pays its creditors and gets paid by its debtors;
  • Understand the difference between capital and revenue items;
  • Understand the difference between full and marginal costing;
  • Understand the difference between overheads and direct costs;
  • Fill out a VAT form;
  • Know the meaning of accruals, depreciation, creditors, reserves, and a whole lot of other accounting terms.

30 April 2014

Room 0.27B, Hadyn Ellis Building, Maindy Road
09:00 - 17:00

Provider: UGC
Target Group: RS & PGR