On completion delegates will understand the role of finance and accounting in the organisation and have an understanding of how accounting transactions end in financial statements. Delegates will also develop their knowledge of double entry bookkeeping, understanding income statements, balance sheets of a listed company, including consolidated accounts, cash flow statement, ratio analysis and be able to predict failure prone businesses. Annual reports will be dealt with as well as current issues affecting finance in an organisation.

Course facilitated by Graeme Jay – senior lecturer on finance modules at MBS and leading property consultant (Director of the Institute of Realtors).

Finance for non-financial managers
The aim of this programme is to:

• Enable the participant to understand the finance and accounting aspect of their business in more detail.
• Enable the participant to understand the accounting cycle and the flow of transactions better.
• Enable the participant to evaluate the financial statements of any business more efficiently and effectively.
• Enable the participant to evaluate and determine whether or not a business is failure prone.
• Enable the participant to budget correctly and understand the importance of timeous and correct billings as well as the management of working capital and the impact on the business' cash flow.
• Ensure that the practice manager understands costing issues within the practice.

Programme coverage:

• The accounting cycle of the business
• The financial statements of the business
• Analysis of financial statements
• Prediction of failure prone businesses
• Budgeting and cash flow
• Working capital management

Programme outcomes:
This programme has the following objectives and learning outcomes:

Introduction to the accounting cycle and financial statements
After completing this module, the participant will:

• Have gained an understanding of the accounting cycle within the business
• Have gained a good understanding of what the financial statements of the business are communicating
• Have gained a good understanding of how to analyse and interpret financial statements
• Be able to predict whether or not a business is failure prone

Budgeting, cash flow and resource planning
After completing this module, the participant will:
• Be able to budget and plan for the business correctly
• Understand the impact of working capital management on the business' cash flow

Venues

Date: 08 July 2008 to 10 July 2008
Location: Milpark Business School, Johannesburg
Cost: R5999.00
More info: Cnr Main Road East and Landeau Terrace, ext of Melville

Date: 21 October 2008 to 23 October 2008
Location: Milpark Business School, Johannesburg
Cost: R5999.00
More info: Cnr Main Road East and Landeau Terrace, ext of Melville

Contact: ELISA RICKSON
Company name: Milpark Business School
Telephone number: +27117184023
Email address ELISAR@MILPARK.CO.ZA