Finance for non-financial managers
More than ever in today's business environment, management decisions made at all levels of an organisation need to be based upon a sound understanding of the financial implications to the business and the importance of justifying return on investment.
Trainer: Grant Vernon - Business Made Simple
Cost (includes vat and lunch)
Members R1 100 p/p, R1 070 p/p for three/more, R1 020 p/p for five/more
Non-members
Please note that payment is required in advance. R1 200 p/p, R1 170 p/p for three/more, R1 120 p/p for five/more
Overview
This workshop will familiarise you with the key concepts of finance and
accounting and help you to prepare and present budgets with more confidence.
Gain the finance and accounting savvy that you need to manage budgets, justify requests and spot operational problems before they get out of hand. In this training
you'll learn the practical financial skills that will help you make better management decisions. Straight forward and no-nonsense, this course enables you to get straight
to the heart of financial issues, demystifies financial information and gives you confidence and control when making financial decisions.
This programme will bring benefits such as:
• Understand the contents and implications of the balance sheet, cash-flow and income statement.
• Develop your team's financial understanding and how their decisions affect the organisation's financial performance.
• Realise the importance of cash and profit, and the links to businesses strategies and tactics.
• Understand the most important financial ratios and trends and generate options for improving financial performance.
• Champion the cause of cost cutting and improving profits.
• Establish clear goals; quickly and effectively measure and understand your financial results.
• Be able to appreciate cash-flow and profit and how they are managed; be able to develop forecasts and monitor and control costs on projects.
What we will cover:
• Introduction and balance sheet.
• Accrual accounting and the income statement.
• Cash flows.
• Working capital assets.
• Ratio analysis.
• Long-lived assets and marketable securities.
• Liabilities and long-term debt.
• Deferred taxes.
• Stockholders' equity.
Who should attend
The marketing, technical or personnel executive who is required to take divisional financial decisions; professionals such as lawyers, architects and quantity surveyors who need a knowledge of financial terminology and financial analysis; and other executives seeking exposure to the issues of financial analysis and decision-making.
Time: 08:30 - 16:30
Venue: Chamber House, Royal Showgrounds, Pietermaritzburg
Cost: Members: R1 100 p/p, Non-members: R1 200 p/p