Training on managing the finance of a unit

Programme outline

Day One 
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

Day Two:
08: 00 Registrations and Early Morning Coffee
Interpret financial statements

• Financial statements
• Ratios are applied to measure profitability and liquidity
• Ratios are applied to measure the working capital
• Ratios are applied to measure the return of an entity
• Recommendation are made regarding ratios

Describe and prepare financial forecast

• Types and formats of financial forecasts
• Sources of financial forecast
• Factors in preparing financial forecasts
• Analysis of financial forecasts

Day three:
08: 00 Registrations and Early Morning Coffee
Drafts budgets according to the operational unit

• Budget plans are linked to operational objectives
• Operational objectives are established
• Budget is formulated according to standard operating procedures
• Drafted budget is reviewed

Supervise financial management of a unit against given requirements

• Monitoring systems are agreed and adhered to
• Expenditure reports are monitored for the year.
• Corrective actions are implemented

Evaluation
15h45 Facilitator’s closing remark and end of day three

Programme Outcomes/ Benefits
On completion of this programme, the learner is able to:

• Demonstrating an understanding of the key concepts of managerial finance
• Interpret financial statements
• Drafting financial forecast
• Drafting budgets according to operational plans of the unit
•  Supervising the financial management of a unit against given requirements

Who should attend

• Finance Manager
• Finance Directors
• Accountants
• Bookkeepers
• Financial Controllers
• Non-Governmental Organisations
• Business Accountants
• Management Accountants
• Directors

The course fee is R7000- This fee include refreshments, lunch and manual.

• Course fee- (Vat Exclusive)
• Additional 10 percent discount per delegate if an organisation send five or more delegates
• Registration should be done by requesting the order forms from Letlhogela through the following channels:

1. E-mail to Letlhogela.info@gmail.com
2. Telephone Tshego @ 082 322 5925 or 011 941 2599
3. Fax 011 942 5548