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Table of contents
Part 1 - A Dream of Future Wealth
Overview
Course resources
Purpose of these slides
Installation
What is the structure of the course?
Example from Part 1: Model 106
Example from Part 2: Model 201
Model 208 scoreboard: competing across the internet
What will I learn?
What is the assessment process?
The aim of Part 1
Model 101: Introducing Sales, Debtors and Receipts
Introducing Sales and Receipts
Water tanks and pipes
Starting up a Business Flight Simulator model
Adding a delay
Adding history
Changing Sales and Receipts delay
Some key questions
Model 101 definitions
Test 101
Model 102: Introducing the Bank Account and Undistributed Profits
A closed system
The rules of engagement
Example of a business with no costs
Blue matches red
The Balance Sheet balances
Definition of the Balance Sheet
Explanation of Undistributed Profits
Other Model 102 definitions
Test 102
Model 103: Introducing the P&L, Balance Sheet and Cash Flow schedules
Introducing a simple set of accounts
A recent business history
Profit and Loss Account
Balance Sheet
Cash Flow
Debtors Analysis
Undistributed Profits Analysis
Some fundamental accounting principles
Bank Account
Test 103
Model 104: Introducing Cost of Sales and Creditors
An example of Cost of Sales
Introducing Costs and Payments
Introducing Gross Profit
Introducing Cash Flow
Financial Accounts for Model 104
Questions to explore
Model 104 definitions
Test 104
Learning outcomes so far
Model 105: Experimenting with Profit, Assets and Cash
The difference between Profit and Cash Flow
Summarising Profit, Assets and Cash
Delay longer for Receipts than Payments
Delay longer for Payments than Receipts
What are "Assumed Assets"?
Test 105
Model 106: Introducing Stock and Purchases
An example of Stock
Introducing Stock to the simulation
Too much Stock
Model 106 numeric reports
Recap on Model 105
Model 106 definitions - 1
Model 106 definitions - 2
Test 106
Model 107: Introducing Fixed Assets, Capital Expenditure and Depreciation
An example of Fixed Assets
Introducing Fixed Assets
Spend on Capital and Depreciation
Expenses and Operating Profit
Model 107 numeric reports
Model 107 definitions
Test 107
Model 108: Introducing Share Capital, Bank Loans and Investments
Simplifications so far
Model 108: A Retailer
Issuing Share Capital
A Bank Loan
Expenses
Interest and Tax Rate
Making an Investment
Paying your first Dividend
A retail business in full swing
Model 108 numeric reports
A new business scenario
Choosing your strategy
Initial business planning for Part 2
Recap: Undistributed Profits
Simplifications to be removed in Part 2
Test 108
Model 109: The critical financial flows
Capital, Cash and Assets
Financial flows
Initial funding
Starting the business
Trading profitably
Generating cash
Paying a dividend
Generating profit but consuming cash
Model 109 numeric reports
Test 109
Part 1: Learning outcomes and progress review
Learning outcomes from Part 1
Preview of Part 2
Viewing your test results
Your personal progress
Overall progress of your training group
Identifying areas for follow up
Preparing for the Part 1 Assessment
