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About the course
Demonstrate an understanding of the basic financial statements to make financial analyses and prepare budget information. Apply skills to develop a business plan for a business unit and understand the role of a business strategy in managing a business unit or small business.
Looking at key performance measures, cost considerations, risk management and financial planning.
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Key outcomes
- The accounting cycle
- What constitutes balance sheets, income statements, cash flow
- Profits versus cash
- Importance of notes and accounting policies
- Financial ratio analysis
- Key performance measures
- Cost considerations
- Budgeting and corporate financial planning
- Influence of economic indicators on finance
- Growth, cash-flow and profitability considerations
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Ideal candidate
Operational line managers, sales executives, business owners or anyone dealing with day to day financial management, planning & business analysis.
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Duration
3 full days
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Unit Standards
115821- Apply business financial practices Level 5 Credits 4
15236 - Apply financial analysis Level 5 Credits 4
117111- Apply basic accounting principles in financial services Level 3 Credits 4
Course Code: FIN
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