Scheduled Finance for Non-Financial Managers - Accredited courses

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Finance for Non-Financial Managers - Accredited

Unit Standard: 
117156
NQF Level: 
NQF 4
Credits: 
4
Course Category: 
Finance

Accredited
Duration: 2 Days
Time: 8:30am-4:00pm

 

WHO SHOULD ATTEND
• Managers at all levels
• Office managers
• Administrators
• Finance clerks
• Anyone in business with a need to understand financial statements, ratios and concepts
• Business owners and entrepreneurs
HOW YOU WILL BENEFIT
• Learn the terminology of finance and accounting, including assets, liabilities, expenses, profit and cash flow
• Understand the balance sheet and be able to determine your business’s financial position
• Analyse income statements, balance sheets and profit and loss statements in order to evaluate business results and to make informed decisions
• Develop a working knowledge of working capital and cash flow management
• Learn to compile statements of assets and liabilities
• Understand the difference between management reporting and external reporting
WHAT WILL BE COVERED
• Basic bookkeeping and accounting terms
• Debits & credits
• Assets and Liabilities
• Drawing up and understanding the income statement and the balance sheet
• Managing cash flow and working capital
• Developing your own budgets and cash flow forecasts
• Management accounts vs external accounts
• Understanding ratios and their relevance to decision making

 

Official course name: 
Interpret basic financial statements 
Accredited: 
Yes

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