Financial Management For Non-Financial Managers
The need to understand the fundamentals of finance and financial management and to be able to interpret financial statements is vital for any manager in business.
This knowledge will assist managers in interpreting financial statements and financial reports, and in playing a role in the strategy and performance of their businesses.
Who should attend?
The course is aimed at owner managers and managers or administrators, who have limited financial/accounting background but who, as they rise up in their businesses, are increasingly expected to prepare and manage budgets and forecasts and to contribute at management meetings to the discussions around operating results. The course has been run successfully in centres around the country to over 500 delegates with very positive feedback from them.
Course Content
Principles of accounting
Business Structures
Profit and loss and costing
Cash Flow and profit
Accounting conventions and standards
The Financial Statements
Provisioning and accruals
Gearing and working capital management
Ratio analysis/performance measures
Budgets and business planning
Principles of business valuations
Time: 08:00 - 16:00
Venue: BDO House, 22 Wellington Road, Parktown, Johannesburg
Cost: R3600