Training and Motivational Experts

Manage the Finances of a Business Unit

This training course covers key concepts of managerial finance, the interpretation and analysis therof, forecasting, budgets and supervision of financial units.

“The number one problem in today's generation and economy is the lack of financial literacy.” - Alan Greenspan

This programme has been aligned to registered unit standards. You will be assessed against the outcomes of the unit standards by completing a knowledge assignment that covers the essential embedded knowledge stipulated in the unit standards. When you are assessed as competent against the unit standards, you will receive a certificate of competence and be awarded 8 credits towards a National Qualification.

Unit standard 252040

NQF 5, Credits: 8

Who should attend?

  • This unit standard is intended for managers in all economic sectors.
  • These managers would typically be second level managers such as heads of department, section heads or divisional heads, who may have more than one team reporting to them.

It Is Assumed That Learners Are Competent In

  • Communication at NQF Level 4.
  • Mathematical Literacy at NQF Level 4.
  • Computer Literacy at NQF Level 4.

Training Outline

Key Concepts of Managerial Finance       

  • Introduction
  • Concept of accounting
  • Accounting conventions
  • Financial reports

Financial Statements Interpretation And Analysis

  • Introduction
  • Liquidity ratios
  • Profitability ratios

Financial Forecasting                     

  • Introduction
  • Types and formats of forecasts
  • Factors to be considered during financial forecasting
  • Analysis of financial forecasts

Drafting A Budget For A Unit                    

  • Introduction
  • Strategic planning and budgeting
  • Development of operational plans
  • Linking an operational plan and a budget
  • Developing a budget for a unit
  • Reviewing a draft budget

Supervising Financial Management of A Unit     

  • Introduction
  • Monitoring systems
  • Expenditure reports
  • Making corrective actions

Formative Assessment

Summative Assessment

 

Additional Info

  • Course Duration: 2 Days
  • Includes: Comprehensive manual | Framed certificate of attendance | Notepad | Pen
  • In-house Training: Contact Us
  • Public Courses: Book 4 or more delegates from the same company and receive 10% discount.
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Prefer to talk to someone?

If you have questions about our training programmes, or simply need more information, call us on:
010 110 0226/7 (Gauteng) or
062 693 6681  / 061 695 2316 (Western Cape)