Finance for Non-Financial Managers

Finance for Non-Financial Managers
(SAQA ID 15236, NQF Level 5, Credits 4)

Dates & Venues

Johannesburg

30-1 Oct 2010
Lion House, Kensington

Cape Town

28-29 Sep 2010
Lagoon Beach Hotel

Durban

21-22 Sep 2010
Sica's Guesthouse

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Fees

Fees per delegate:
R 3 190 per delegate (Excl Vat).

Included in the fees:
* Course material
* Parking
* Refreshments
* Lunch
* Certificate of attendance

Terms & Conditions

Event Cancellation:
All cancellations must be confirmed in writing to info@abelusi.co.za
For cancellations received more than one week prior to the course:
• 10% cancellation fee will apply.
For cancellations received less than ONE WEEK prior to the course:
• 25% cancellation fee will apply.
For cancellations received within 24 hours of the course:
• 100% cancellation fee will apply.

Substitutes are welcome at no additional charge. Substitute's personal and contact details must be e-mailed to info@abelusi.co.za.

Postponements:
All Postponements not received in writing at least 2 working-days prior to the event will incur a 40% penalty fee.

Absent Delegates:
In the event that a delegate does not arrive for the course and no written cancellation has been received and confirmed, the full course fee will be payable

Presenters:
Should it be necessary, Abelusi Training Network reserves the right to substitute the presenter with a suitable and capable substitute.

Course Aim:

A two-day practical approach workshop, with down to earth principles of finance, including the how and the why of financial management in the workplace.

Outcomes (At the end of the course delegates will understand, will know how to...):

Understanding the fundamentals of financial management in the workplace
Applying basic financial techniques to improve profitability throughout the organisation
Explain financial analysis
Calculate ratios to measure profitability and resource utilisation
Calculate ratios to measure viability
Identify growth opportunities through financial results and reporting the results of financial analysis
Demonstrate an understanding of the key concepts of managerial finance.
Interpret financial statements
Draft financial forecasts
Draft budgets according to operational plans of the unit
Supervise the financial management of a unit against given requirements

Who should attend?

Non-Financial Managers
Accounting assistants
Financial managers
Business owners
Operations managers

Workshop Programme:

Day 1
8:30 Introduction & Overview

Basic concepts of what profit is, mark-up and margins

Principles of risk and return. The different types of financial investments, risks associated, and expected rewards

Basic Tax:
   Individual
   Company
   VAT
   STC
   Capital Gains

Forms of Business Ownership and Organisations

Lunch

Understanding the Language of Accounting
   Accounting Process
   Transactions
   Accounts
   Double entry
   Trial Balance

How the above concepts produce the end product of financial statements in the form of
   Balance Sheets
   Income Statements
   Statement of changes in equity
   Cash Flow Statement

Understanding of the above Financial Statements

Late Afternoon Session

Financial Analysis and Ratios; principles behind ratio analysis, covering
   Profitability ratios
   Liquidity Ratios
   Efficiency Ratios
   Gearing Ratios
   Market Ratios

How the above meld together in the Du Pont cascade to give the “Magic Formula”.

Day 2
Continuation of Ratio Analysis

Basic Costing Principles: covering:
   Cost Volume Profit
   Breakeven Analysis
   Margin of Safety

Introduction to Budgeting and Profit Planning; How will the business acquire, finance and distribute the required resources to achieve profit expectations of the owners

Lunch

Capital Budgeting; covering such aspects as:
   Time Value of Money
   Future Value
   Present Value
   Present and future values of annuities
   NPV
   IRR
   Payback

How the above concepts are employed in a business to ensure cost effective capacity planning

Case study

Course Evaluation and Closure

Need more information on this workshop? We will call you back...