Finance for Procurement
Procurement Training- FINANCE FOR PURCHASERS
This programme will provide procurement practitioners with the tools and confidence to analyse financial accounts and use them to develop successful procurement strategies
Benefits to the delegates
By the end of the programme, delegates will be able to:
- Interpret a set of financial accounts
- Analyse financial accounts to help devise procurement strategies
- Calculate the most common financial ratios and know what they could indicate
Benefits to the organisation
To provide procurement practitioners with the tools and confidence to analyse financial accounts and use them to develop successful procurement strategies
By the end of the programme delegates will have a better understanding of:
- The difference between profitability and cash flow
- Capital expenditure, revenue expenditure and depreciation
- Management of working capital
- Key financial ratios – how to calculate and interpret
- Financial statements
- Profit and Loss
- Balance sheets
- Cash-flow statements
Dates & Locations
This course has now finished for 2010, please contact training@cipsa.com.au for more information or in-company training solutions.