Course Overview
Short Course, BIG Impact!
Gain Essential Finance Skills in Just 4 Days from the Experts. This course is designed for managerial and supervisory-level specialists who desire to learn how to unravel the complexities of corporate financial management and decision-making. Delegates will learn how to examine financial statements, review cash flows and much more!
These interactive in-person and virtual sessions will give you an understanding of how your departmental financial decisions could drive or negatively impact your organisation’s growth. Your active involvement in these sessions will also help you enjoy rich discussions about achieving your financial goals in uncertain times and empower you to immediately implement decisive strategies and financial tools to solve your organisation's most pressing issues.
Learning Objectives
On successful completion of the course, delegates will be able to:
- Discuss role that accounting information plays in decision making;
- Explain the importance of accounting, finance and being able to interpret financial statements;
- Analyse core financial statements;
- Interpret the results of financial statement analyses and its implications for the organisation;
- Identify the nature and purpose of managerial reports;
- Interpret and apply financial management concepts;
- Describe how managers use managerial reports to monitor and control key expenses and revenues and to evaluate performance;
- Explain the importance of financial and non-financial information in the decision-making processes of managers;
- Utilise strategic management tools to assess the business environment.
Topics To Be Covered
The following topics and concepts will be addressed:
- Understanding the Business Environment
- The Context and Regulatory Environment of Accounting and Reporting
- Understanding the preparation of three key Financial Statements – Statement of Comprehensive income, statement of financial position and statement of cash flows.
- The accounting cycle and internal controls
- Analysing Financial Statements using ratios, common size statements and comparative statement analysis.
- Financial budgeting
- Working capital management
- Accounting information and decision making – operating decisions, marketing decisions and long-term decisions
Who Should Attend
- Business Analysts
- Company Directors
- Consultants
- Department Heads within Organisations
- Doctors
- Engineers
- Entrepreneurs
- General Managers
- Human Resource Managers
- IT Managers
- Lawyers
- Marketing and Sales Managers
- Medical Professionals
- Operations Managers
- Project Managers
- Supervisors
- Other professionals who are interested in utilising financial information for better decision making
Additional Information
- The course will be delivered by a knowledgeable and experienced practitioner with relevant certification in the field.
- This course will facilitate the development of decision-making competence in delegates.
- This course will include a full set of materials and learning aids that could be used for reference during and after the course.