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Understanding Profit, Cash Flow and the Balance Sheet

Finance Skills1 Credit1 CPD Point

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Understanding Profit, Cash Flow and the Balance Sheet

The delegate will learn about why a business needs a healthy cash flow and how the balance sheet is interpreted.

Key Learning Outcomes

  • 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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