Finance is key element in any business. A company can be excellent in many spheres however if it does make profits the viability of the business will be questioned. The aim of this course is to teach you the basics of finance and financial management. It will help you understand and interpret financial statements, conduct a cash flow analysis and gain insights into budgeting and profit planning. Financial management principles such as the time value of money, capital budgeting, financing and working capital are also covered. By the end of the course the learner will gain a well-rounded understanding of finance and financial management.
The course will empower the learner, by receiving the formal training in finance, to make better business and personal related decisions as finance is all around us and touches every aspects of our lives.
LEARNING OUTCOMES
Identify the different types of businesses and the various financial goals a company can pursue.
Explain the difference between financial accounting and financial management and how companies function in a competitive environment.
Understand what the annual financial statements consists of, and who uses them.
Learn about the statement’s basis of preparation and how to use fundamental accounting principles.
Explain the purpose of management accounting and its relevance to business.
Explain the comparisons that can be made using ratio analysis, evaluate the performance of a business and be able to compare the performance of businesses against each other.
Understand the importance of budgeting for a business.
Learn the difference between fixed and variable costs and calculate breakeven points for business sustainability.
Understand the concepts of time value of money and present/future value of cash flows.
Identify the characteristics of debt and equity and what they mean for long-term financing.
Learn about working capital and what it represents to a business.
Understand the inter-dependencies of working capital and describe the cash conversion cycle.
WHAT YOU GET
COMPETENCY CERTIFICATION
Get a competency certificate after completing assessments
DISCOUNT ON GROUP REGISTRATIONS
Get a 10% discount if 10 or more delegates are registered. Get an additional 5% discount on the next course
DISCOUNT ON YOUR NEXT COURSE
10% discount on your next course as an individual
COURSE MANUAL AND NOTES
Take home an informative and in-depth course manual
