A Quick Glance

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    Gain the skills to navigate Your way around the application interface

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    Delegates will be able to success with your Business Finances

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    Guaranteed lowest price in the industry

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    Understand the best practices within Finance Fundamentals

Finance Fundamentals course is the Speed Reading Course in the Business Skills Training. This training provides a comprehensive introduction to corporate financial management. The subject links the mathematics of finance, valuation and investment analysis. Portfolio theory provides the relationship between risk and discussion of capital structure. The focus is on creating shareholder value, financial and management within the organization to produce effective outcomes.

Who should take this course

  • Insurance professionals
  • Business managers and business owners
  • Finance and accounting personnel
  • Assistant-Treasurers, Treasury employees
  • Bank and financial institution employees
  • Law professionals
  • HR professionals
  • Government employees
  • Administrators
  • Not-For-Profit administrators and managers
  • Professionals in career transition


There are no prerequisites for this course


What Will You Learn

  • Apply the fundamentals of financial management in the workplace
  • Interpret the primary financial statements and make decisions that are in the financial interest of your organisation
  • Understand the principal accounting terms, including recognising the difference between cash and accrual accounting
  • Calculate the key financial ratios and understand the results so you can identify significant issues, prepare recommendations and apply strategies to improve cash flow
  • An understanding of the key drivers of business value and how to work with them
  • The fundamentals of personal finance (income, assets, liabilities, expenses) and how they relate to your life
  • How to get started on a long term investment plan
  • What key numbers you need to know about your student loans, as well as the key resources for finding loan servicers and negotiating payment plans
  • Describe the role and objective of financial management
  • Recognise and apply the time value of money formulae
  • Explain the risk/return tradeoff using examples from Portfolio Theory and the Capital Asset Pricing Model
  • Value bonds and common stocks
  • Apply concepts of cash flow analysis, evaluation techniques and the cost of capital for capital budgeting
  • How to get out of debt if you are already in it (and how to stay out of debt forever)
  • How to check and protect your credit report and credit score
  • How to build credit even if you have no previous credit history
  • How to create a budget that will actually work
  • What to look for when renting an apartment
  • How to give back to your community
  • How retirement accounts work and what account is right for them
  • Two basic principles for business success
  • An understanding of the purpose and uses of business management information, including management accounts, cash flow, profit and loss statements and balance sheets
  • An insight into how your management decisions will affect your company's financial decisions 
  • Identify, understand and apply a model for financial decision-making
  • Identify and appreciate how human behaviour affects financial decisions
  • Identify and understand how financial needs change over the life course
  • Identify and understand the impact of inflation and tax on incomes
  • Apply and appreciate the social and economic factors that influence spending
  • Design and manage a household budget
  • Identify and understand insurance products and when to buy them
  • An understanding of how to use financial information to drive and measure business improvement
  • An understanding of the mechanics of cost structures and pricing decisions with options for development.

What's included

  Course Overview

Finance Fundamental course explains about basic financial concepts and theories. Which enable you to better understand financial decisions facing individuals and modern business organisations. This course highlight the practical application of financial concepts.  It includes personal finance issues, awareness of stock market, financial operations, and much more. 


  • Exam Type: Objective
  • Duration: 90 minutes
  • Pass %age: 45

  Course Content


Basics with the Customers (Sales & Debtors)

  • Invoicing, Credit Notes & Statements
  • Sales & Debtors Control
  • Credit Control & Debt Collection

Basics with the Suppliers (Purchases & Creditors)

  • Invoicing, Credit Notes & Statements
  • Purchases & Creditors Control
  • Credit Control & Debt Collection

Basics with the Banks (Cash Management)

  • Receipts & Lodgements
  • Payments
  • Recording & Reconciliation

Accounting & Financial Statements

  • Profit & Loss Account
  • Balance Sheet

Understanding Cash Flow

  • Cash versus profit
  • Cash generated from operations
  • Sources and Uses of Funds

Financial Ratio Analysis

  • Profitability
  • Financial status
  • Efficiency

Budgets and Planning

  • Breakeven analysis
  • Budgeting process
  • Contribution and profit
  • Matching assets and funding 


  • Elements of financial decision-making
  • How business works - business cash-flow, step-by-step
  • Cash flow management 
  • Working capital and overtrading
  • How financial decisions affect the P&L and Balance Sheet
  • Management information - choosing and using KPIs
  • Using a few key ratios to analyse your own and competitor accounts
  • Break-even and margin of safety
  • Marginal costing, the elasticity of demand and pricing decisions. 


Introduction to Accounting

  • What is Accounting
  • Accounting Assumptions
  • Assets, Liabilities, and Equity
  • Accounting Principles
  • The Accounting Equation

Balance Sheet

  • Accounting Equation and Balance Sheet
  • Business Transactions and the Balance Sheet
  • Classifying Assets and Liabilities
  • The Balance Sheet in Action

Working with Accounts

  • The General Ledger
  • The Chart of Accounts
  • Using Accounts for Transactions
  • Understanding Debits and Credits
  • Double Entry Accounting
  • Account Balances
  • Revenue and Expense Accounts

Financial Statements

  • Introduction to Financial Statements
  • Revisiting the Balance Sheet
  • The Income Statement
  • Statement of Owner's Equity
  • Generating Financial Statements
  • The Accounting Period
  • Business Entities and Financial Statements

Accounting Cycle

  • Introduction to the Accounting Cycle
  • Identifying Source Documents
  • Recording Journal Transactions
  • Posting to the General Ledger
  • Generating a Trial Balance
  • Recording Adjusting Entries
  • Generating the Adjusted Trial Balance
  • Preparing Financial Statements
  • Recording Closing Entries

Finance Fundamentals Enquiry


Enquire Now

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Reach us at 02036 039666 or info@pentagonit.co.uk for more information.

About Wrexham


Wrexham is the largest town located in the north of Wales and also an educational, commercial, administrative, commercial and retail centre. Wrexham is located between lower Dee valley alongside England border and Weish Mountains. Historically it is the part of Denbighshire, the town became part of Clwyd in 1974, and since 1996 it has been the centre of Wrexham County Borough. According to 2011 census, Wrexham had a population of 61,603 which made it a fourth largest urban area in Wales.


Council purchased Parciau in the year 1907, and it later turned into a Public Park. In 1910 first cinema in Wrexham was opened. The population of Wrexham continued to grow drastically. In 1901 population was 14,966 and by 1931 it reached 18,567. The population of Wrexham crossed 40,000 for the first time in the year 1981. First-time electricity was generated in the year 1900 in Wrexham. In 1907 electric trams replaced horse-drawn trams and in 1927 they were replaced by buses.

In 1913-1917 Garden Village was built in Wrexham. In the 1920s and 1930s Wrexham council started working for slum clearance. At that time new council house estate has been constructed at Action Park. Other council estates were built at Maes Y Dre and Spring Lodge in 1930s. In 1965 boundaries of Wrexham was extended. In the 1930s at Queens Park, council estate was built. Another was established at Bryn Offa. Action Park estate was extended in the 1960s.

In 1911 Gresford Collery was opened. An explosion and fire accident at Gresford Collery in 1934 killed 261 miners, and three rescuers also died. In late 20th century, traditional industries declined in Wrexham. Coal mining almost ended. Gresford Collary closed in 1973. In 1986 Bersham Collery was closed. New industries came into existence in Wrexham including Pharmaceuticals, engineering, chemicals, electronics and food processing. During Second World War, a big ordnance factory was built at Wrexham, and it was converted into industrial estate after 1945. In 1983 Bersham Heritage Centre was opened. In 1985 Maelor Hospital was opened. The swimming pool was constructed in 1970. In 1998 it was refurbished and renamed as Waterworld Leisure Complex. In 1999 two new shopping centres were opened in Wrexham named Henblas Square and Island Green. First Wrexham Science Festival was held in 1998. In the 21st century, Wrexham is still a developing city. In 2002 Border Retail Park was opened. In 2008 Meadow Shopping Centre was opened. Now Wrexham has a population of 43000.