Finance Essentials - Facilitated Group Learning Session (Online)
Finance Essentials - Facilitated Group Learning Session (Online)
Financial management is essential for effective leadership. With the transition to Support at Home and upcoming pricing caps (as recommended by IHACPA), now is the time to strengthen your business skills and advance your career in the expanding In Home & Community Care sector.
This facilitated group session covers the fundamentals of finance and why it matters. You'll gain insight into the various types of aged care providers, their financial reporting requirements, and key financial concepts. We'll break down accrual vs. cash accounting, show you how to interpret essential financial statements (profit and loss, balance sheet, and cash flow), and explore strategies to boost your organisation’s financial health. Learn how benchmarking and key ratios drive data-informed decision-making.
Designed for leaders in In Home and Community Aged Care, this 90-minute facilitated learning module will help you understand key financial management principles —empowering you to lead your organisation to success. There will also be opportunities for you to ask questions and further enhance your finance knowledge.
Note: A minimum number of 10 participants is required to run group sessions.