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Financial Training

We know that a strong understanding of finance is an important part of the financial health of any business. It’s the same whether you are a business start-up using simple accounts, or on the Board of a public company using IFRS accounts. Understanding how finances work and how to interpret financial information puts owners and managers in a better position to improve performance. 

We have a long history of providing courses and other training to help non-financial people at all business levels to understand and interpret financial information. We work closely with our specialist legal financial training business, MacIntyre Hudson Advisory Services LLP.

We talk the talk, and can help you to get a practical understanding of the language used in company accounts. We can give you an understanding of how the numbers are derived in the financial statements and accounts, and then teach you to interpret financial statements and identify key information about a business, company or group of companies.

How we can help with accounting training

There’s a vast array of financial information you are likely to encounter in your job. Taking a bespoke approach designed for the ultimate end user, we can help you to understand aspects such a:

The types of financial accounts, what are they for and how they link up

  • Annual financial statements, management accounts, group accounts
  • Budgets, cash flows, financial ratios, business plans and forecasts

Accounting standards, principles, policies and estimates

Key components of a set of financial statements including:

  • What’s included and why
  • Overviews of the profit and loss account (or income statement), balance sheet (statement of financial position) and statement of cash flow
  • How to analyse each of these statements, and find what they are telling us about an entity
  • What profit is, and how it is different to cash
  • How to approach reading a set of financial statements
  • How we use accounts and budgets to assist business planning

How financial ratios can confirm the “story” in the accounts’ narrative reports

  • Assessing the entity’s performance and profitability
  • What do they tell us about liquidity and cash flow efficiency?

Through understanding and managing the money that a business receives from its customers and spends on resources, owners and managers can help a business maintain its liquidity and become more profitable. They can also help ensure compliance with the criteria for, say, banking covenants or understanding the financial terms in a buy-out document.

Our training will help you along this road by equipping you with the tools to understand the accounts on which all of this is based.

Get in touch to discuss tailoring a training package for your needs.

Get in touch with our experts

If you want to discuss a specific issue, ask us for a quote, or simply find out what we have to offer, please complete the form below and we'll get back to you as soon as we can.

Alternatively, please email us at webenquiries@mhllp.co.uk

 

Key contact

Tax Partner
Bob Trunchion
+44 (0)20 7429 4100

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Meet the team

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Bob Trunchion

Tax Partner

Whilst Bob qualified in the audit department of a big four firm, he soon moved to their Corporation Tax Department. His move to MacIntyre Hudson has rounded off his knowledge so that he is well versed in all aspects of tax. As well as advising clients on a consultancy basis, Bob is involved in the tax training not only with MHA MacIntyre Hudson and MHA but to clients and also to many accountants and solicitors throughout the country. Whilst he is involved in training, he has appeared on national radio and television talking about tax. Bob believes that simple solutions are often the best ones with taxation.

Get in touch with Bob Trunchion
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Ventsi Tsankova

Accounts Manager

Ventsi joined the firm as an Accounts Manager in 2019.

She has over 8 years’ experience within the accounting industry, predominately working with SMEs.

She prides herself on maintaining long standing relationships with clients and actively seeks opportunities for improving the management reporting function and optimising internal control procedures

Get in touch with Ventsi Tsankova
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James Meek

Accounts Manager

James heads our independent Accounts Hub in Colchester, providing accounts preparation services for clients nationally through a team of financial reporting specialists that are separate from the audit process.

James joined MHA MacIntyre Hudson in 2006 and obtained both his AAT and ACA qualifications with the firm. He specialises in management reporting and large, international group consolidations, and has a flair for designing and building tailored financial reporting tools. 

His portfolio consists of clients across the full spectrum of sectors and industries within the MHA network, affording him unique insight and experience when advising on financial reporting matters.

James prides himself on delivering practical, accurate advice to his clients in a language and manner they can understand. He considers himself to be a problem solver who isn’t afraid to challenge the status quo, often finding the simplest solution is the right one. 

Outside of work James enjoys spending time with his family and trying to cook them a decent meal.

Get in touch with James Meek
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Donna Dallas

Director

Donna started work as a trainee accountant in 2006, having completed a degree in accounting and finance at the University of Kent. After qualifying in 2011, and following the merger of the partnership she previously worked for, Donna has progressed from Supervisor through to Director. 

She has her own portfolio of clients specialising in small to medium sized owner managed businesses in a range of different industries. She has built up a good rapport with her clients and prides herself on maintaining long standing relationships, having worked with a number of clients for over ten years.

Donna is methodical in her approach and likes to help clients to achieve their goals. She provides ongoing financial advice to her clients aiding them to interpret financial information that can influence their strategic development, in addition to general compliance and preparation of quarterly / annual financial statements.

Get in touch with Donna Dallas

What they say about us

The core services provided by the firm, global presence, industrial expertise and proactive response helped us take the decision towards using the services of MHA MacIntyre Hudson. - Tillomed Laboratories Limited

What they say about us

The teamwork and support from the MHA team really made the difference to a complex deal. Anthony Pile - Blue Skies
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