Finance, Banking, Auditing & Risk Management

PROGRAMME OUTLINE – 5 Days

Finance for Non-Financial Managers – 5 DAYS

COURSE OBJECTIVES

Upon completion of this course, the participants should be able to:

  • Describe financial management terminology, concepts and principles
  • Apply various financial planning techniques such as budgeting, cash-flow projections, cost benefit analysis, variance analysis and cost management
  • Analyse and interpret financial management statements and reports such as the balance sheet, income and expenditure statement, budget, cash flow projection, variance analysis and assets register
  • Describe valuations and credit management principles and processes
  • Explain how financial decisions are arrived at
  • Give the basic principles of sound business investment decisions
  • Appreciate financial principles of accountability, cost effectiveness, cost efficiency and value for money
  • Apply ratio analysis of financial statements and appreciate the advantages and limitations of ratio analysis
  • Describe financial management success and failure factors

COURSE OUTLINE

The role of management

  • The financial management cycle
  • Your Role in the Company Finances

Accounting Terminology

  • The Balance Sheet
  • Liabilities and Equity
  • Profit and Loss Statement (Income Statement)
  • Cash Flow statement
  • Financial management failure and success factors
  • Centralised vs decentralised financial management
  • Analysing various accounting ratios

Budget planning and management

  • Aligning budgets with management plans
  • Format of the budget submission
  • Preparing a budget
  • Budget and budgeting cycle
  • Different budgeting processes
  • Strengths and weaknesses of various budgeting techniques
  • Cash flow projections
  • Forecasting

Asset management

  • Revenue management
  • Tracking Business Expenses
  • Using Accounting Software
  • Ethical issues surrounding accounting
  • Managing Profit Performance
  • Comparing Investment Opportunities
  • Credits vs. Debits
  • Bookkeeping

Monitoring financial processes and procedures

  • Variance analysis early warning system
  • Analysis and interpretation of financial statements
  • Analysing income statements and balance sheets
  • Apply ratio analysis and percentage of financial statements
  • Advantages and limitations of ratio analysis

Financial reporting and auditing

  • Overview of the auditing function
  • The external audit process

COURSE CONTENT

  • Session One: Introduction and Course Overview
  • Session Two: Balancing self, team & society
  • Session Three: Ethics
  • Session Four: Introduction to financial management and strategic planning
  • Session Five: Time Value of Money
  • Session Six: What is finance?
  • Session Seven: Your role and the role of financial players
  • Session Eight: Budgeting
  • Session Nine: Procurement
  • Session Ten: Accounting and Bookkeeping
  • Session Eleven: Expenditure Control, Early Warning Systems & Variance Analysis
  • Session Twelve: The balance sheet
  • Session Thirteen: Liabilities and equity
  • Session Fourteen: Income Statement
  • Session Fifteen: Cash flow statement
  • Session Sixteen: VAT
  • Session Seventeen: Disposal of tangible assets
  • Session Eighteen: Analysing financial statements
  • Session Nineteen: Managing Profit Performance
  • Session Twenty: Comparing Investment Opportunities
  • Session Twenty one: The Human Aspect
  • Session Twenty two: Auditing and Corporate Governance

DOWNLOAD COURSE OUTLINE HERE

Some Of Our Programmes and Trainings Includes:- 

Project Management

Finance, Banking, Auditing and Risk Management

Negotiation and Anti-Corruption

Public Sector Financial Management and Budgeting

Corporate Governance and Risk management

Media, Journalism and Business Communication

Monitoring and Evaluation

Research Methodology, Writing and Presentation

Environmental and Disaster Management

Customer Care and Public Relations

Mining Matters

Secretarial and Office Administration

Procurement, Logistics, Cold Chain and Supply Chain Management

Economics and Development

Information Communication Technology Programmes

Agricultural & Rural Development Programmes

Health and Safety Programmes

Hospitality and Tourism

Gender Management Programmes

Leadership, Human Resource and Organisational Development

Marketing, Public Relations and Sales