, Finance for financially-challenged banking chairmen, Video Arts

Finance for financially-challenged banking chairmen

We’ve just launched a new version The Balance Sheet Barrier, a financial training video. It’s specifically targeted at non-financial managers but, given recent events at the Co-operative, we thought maybe it was time to get some financial learning out to a wider audience. So, here’s our (alternative) guide to finance for banking professionals…

  • Fixed costs

    – Not to be confused with the ‘cost of getting a fix’, a fixed cost remains unchanged even with variations in output.

  • Gearing

    – Again, easily confused with ‘actions involved in getting ‘gear’, ‘blow’ or any other illegal substance’. Gearing is actually a measure of the extent to which a company is funded by debt.

  • Depreciation

    – Certain assets, such as buildings and equipment, depreciate, or decline in value, over time. Embarrassing chairmen depreciate at a faster rate than other assets.

  • Current Liabilities

    – The board, the regulators, the politicians..? The real definition is: money owed to suppliers, reducing the amount the business itself has had to invest in working capital.

  • Acid Test

    – To dabble with Class A narcotics…or a measure of a company’s ability to pay its short term debts.

Video Arts Balance Sheet Barrier demystifies business finance and explains P&Ls, balance sheets, and cash flows: in a way that even a bank chairman can understand.

Written by
Video Arts

Video Arts

Other Articles

Thanks for getting in touch. One of the team will get back to you very soon.

In the meantime why not explore the library.

Explore the Catalogue

Request a trial

Submit the form below and one of our team will be in touch to discuss the best Video Arts setup for you!

Mark Helen Baxendale
Twitter Facebook Instagram LinkedIn YouTube