Improving Financial performance-Advanced: A 20/20 MDS® eLearning Course
How well is your organization performing? How can its performance be improved? Why is turnover up and yet profits are down? How effectively are you using resources? What can be done to improve the cash flow of the organization? How is your organization viewed by 'outsiders' and indeed do you assess other organizations?
Questions such as these are constantly being asked and a mass of accounting information is often given in an attempt to provide the answers. Many managers, however, fail to make effective use of the available information, simply because there is so much information available. In order to get the best out of such information managers must understand the main jargon used by accountants and be able to use some of the 'tools' or techniques which are available to analyze financial information.
This second module in the series examines the terminology you will encounter in 'internal' accounting information produced specifically for managers. The techniques of ratio analysis (based on the information contained in the published external financial statements) are also examined in terms of how they offer a practical technique for using the financial, accounting information, including the 'external' financial statements, to improve financial performance.
The 20-20 MDS® series by WCOD is a management and leadership development program designed for professionals seeking to improve their management and leadership skills to help them reach their potential in the work world. Until now, the courses and workshops in this program were only available as a complete course of study within an accredited program. WCOD has recently begun making the eLearning courses and workshops from this management and leadership development program available to learners, trainers, coaches and consultants on a course-by-course basis.
The 20-20 MDS® eLearning courses available here are about 3 to 4 hours long, and may be completed in one sitting, or bookmarked and resumed at a later date when time permits. If you or your company are interested in information regarding the accreditation of these courses through the Institute for Leadership and Management, please contact us at info@readytomanage.com.
The 20-20 MDS® series courses and workshops are most appropriate for use with aspiring, junior or middle managers seeking to improve their management and leadership skills to help them reach their potential in the work world. These courses contain a useful mix of theory, practical explanation of concepts.