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| Based on SAQA's Unit Standard ID 117156 NQF Level 4, 3 Credits
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Today's dynamic workplace requires
individuals to broaden their skills and
possess a working knowledge of business
practices, principal of which is a working
knowledge of finance and accounting.
However, many individuals believe they have
a mental block when it comes to figures and
are consequently nervous to deal with
financial information.
This course takes the fear out of finance by
removing the myths and explaining financial
and accounting concepts in a manner that is
straightforward and easy to grasp. By
attending this course, learners will establish
a working knowledge of finance and develop
a firm understanding of its role within their
organisation.
They will also learn how financial
information and budgets are compiled,
interpreted and used to make business
decisions. Furthermore, learners will acquire
the skills to run budgets, monitor
departmental costs and assist in the
preparation of financial information.
Course Objectives
- Remove the myths and fears about
finance and understand the jargon that
surrounds many financial transactions
- Develop an understanding of the key
finance and accounting terms and
understand the concepts behind them
- Learn to understand and analyse the
basic elements of an income and
expenditure statement and a balance
sheet
- Work more productively with colleagues
from the finance department
- Compile a personal assets and liabilities
statement
- Use evidence in financial statements to
make financial decisions
Course Designed For
PAs, executive secretaries, office managers
and junior managers who want to build their
skills and understanding of finance. This
course will benefit individuals with little or
no prior understanding of business finance.
Course Outline
Understanding the basics
- Why do businesses need income and
expenditure statements?
- Identifying the sources of income and
expenditure in different kinds of financial
statements - close corporations, listed
companies, partnerships, public entities,
SMMEs, and sole ownerships
- Effectively assessing the financial viability
of enterprises by evaluating expenditure
statements
Mastering balance sheets
- What the balance sheet is really telling us
- Analysing balance sheets to determine
equity or financial net worth.
- Understanding assets – current and fixed
- Understanding liabilities - long term and
current
- Analysing and evaluating multi-year
balance sheets to make inform decisions
Compiling a personal asset and liability
statement
- Drawing up a personal asset and liability
statement
- Understanding the advantages of
drawing up asset and liability statements
Making decisions
- Analysing the financial strengths and
weaknesses of an enterprise to identify
ways to increase income and reduce
costs
- Understanding the cost to income ratio
- Understanding the relationship between
turnover, income, revenue,
sales/earnings and profit
- Cash flow and liquidity
Course duration
Two days
Dates
16 - 17 January (Pretoria)
23 - 24 January (Johannesburg)
9 - 10 February (Cape Town)
15 - 16 February (Durban)
19 - 20 April (Pretoria)
23 - 24 April (Johannesburg)
23 - 24 April (Cape Town)
4 - 5 June (Pretoria)
28 - 29 June (Cape Town)
25 - 26 June (Johannesburg)
29 - 30 August (Pretoria)
30 - 31 August (Cape Town)
30 - 31 August (Johannesburg)
13 - 14 September (Pretoria)
18 - 19 October (Johannesburg)
22 - 23 October (Cape Town)
15 - 16 November (Durban)
19 - 20 November (Pretoria)
13 - 14 December (Johannesburg)
Investment
R3750.00 excl VAT
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