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
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Chapters

  • Understanding Profit - Introduction
  • Understanding Profit - Section 1
  • Understanding Profit - Section 2
  • Understanding Profit - Section 3
  • Understanding Profit - Section 4
  • Understanding Profit - Summary