African Monitor congratulates the Minister of Finance for presenting a sober but very solid budget. We note the global economic context of his speech which indeed acknowledges the fact that the prospect of an economic cataclysm requires bold and innovative budgetary interventions. So, recognising that the “transition has brought sizeable disruptions” which must have significantly curtailed the Minister’s options in framing the budget, we are satisfied by the Minister’s pledge that “we will not be deaf to the voice of those in pain”.
08: 00 Registration and early morning Coffee
Demonstrating an understanding of the key concepts of managerial finance
- Key concepts of the managerial finance
- Accounting cycle
- Role of budgeting and forecasting
- Accounting conventions
- Financial reports
- 16h00 end of day one
08: 00 Registrations and Early Morning Coffee
On completion of this programme, the learner is able to:
To quote Anton Ferreira in the Business Times on Sunday 11 January 2009: “Why are we still re-arranging the deck chairs on the Titanic, and not see that there is a big iceberg! We have and are still losing the educated, skilled and experienced people who can really make a difference to our country!”
In recent weeks, amid the turmoil in South Africa, there has a great deal of talk about economic policy. The nation focused its attention on economic policy as the ANC alliance concluded its economic policy summit on 18 October 2008.
Financial Literacy is a paper that demonstrates widespread financial illiteracy among the United States population, particularly among specific demographic groups. Produced by the National Bureau of Economic Research, the paper shows that most individuals cannot perform simple economic calculations and lack knowledge of basic financial concepts, such as the working of interest compounding, the difference between nominal and real values, and the basics of risk diversification.