Finance for Non-financial Managers – Workshop

Finance for Non-financial Managers – Workshop
  • 18th September 2018
    08:30 - 15:45

Finance is the language of business. You need to understand it or be labelled as one of the disadvantaged in the business fraternity. There is a quick an easy way to equip yourself in the underlying principles of finance and get yourself acquainted with all the financial jargon and figures presented to you, where it’s at a board meeting, via general discussions or financial statements circulated.

Learning outcomes:
• Understanding financial language and jargon
• Ability to read and understand financial documents
• Understanding profitability vs. cash flow
• Ability to do basic financial ratios
• Statutory aspects of business and entity types
• Audits vs. accounting officers
• Financial strategy and how you can positively influence profitability

Who should attend this course:
This course is suitable or all non-financial managers, non-financial board members, owners/members of small businesses, junior management and management trainees.

COURSE CONTENT

This workshop will guide you through the basic principles of:
• Understanding financial statements
• Interpreting the balance sheet and income statements
• Understanding cash flow
• Understanding financial jargon such as working capital capex, capital employed, reserves, break-even cost accounting an all the key financial ratios.

Once you have completed the workshop, you will understand:
• How to read and understand financial statements
• Basic double-entry accounting
• What affects the bottom-line
• Budgeting and financial forecasts
• Basic financial ratios
• Profitability vs. cash flow
• Elements of the balance sheet, funding and gearing
• Statutory aspects of business and the various entity types
• Auditors vs. Accounting Officers
• Financial strategy and how you can positively influence profitability

Further topics – Client’s request:
• Cost and price built up analysis
• Production analysis
• Trend analysis
• Time value of money
• Capital budgeting
• Cost of capital and the financing decision
• Working capital management

Event organiser: Helga Smit on 021 402 4300 or email helga@capechamber.co.za

Speaker profile: VETTA Communication (Pty) Ltd

Location

Venue:  

Venue Phone: 0214024300

Address:
33 Martin Hammerschlag Way, Foreshore, Cape Town, Western Cape, 8001, South Africa