| Name: |
Financial for NON-Financial Managers
|
| Training venue: |
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| Accredited: |
Programme not SETA Accredited - Unit Standard Aligned |
| Cost: |
Refer to Training Calendar |
| Entry Requirement: |
-Learners required being on a basic NQF level1, Numeric and Literacy level
-Minimum experience of 14 days in workplace.
-No other experience required for entry level. |
| Target Group: |
-General Staff-Supervisors
-Junior Management |
| Duration: |
2 Days – Theoretical Learning Incorporating 70% Practical and 30 Theoretical skills in the facilitation style. |
| Certification: |
- Certificate of Attendance – on completion of the course. |
| Learner Material: |
Learners will receive the following learning materials:- Learners guide
- Additional resources – where required. |
| Assessment Strategy: |
Learners are required to apply skills and knowledge obtained on the course in the workplace. The facilitator will incorporate 70% practicality by means of examples, activities and role-plays. |
| Learning Outcomes: |
1. Introduction
-Why Financial?
-South Africa Economy
2. Understanding Basic Financial Terms
3.Financial Ration
-Ratio and a simple fraction
-Formal Definition of Rational Number
-Add, subtract, multiply and divide
-Basic financial ration calculations
4. Basic financial reports
-Balance Sheet
-Income Statements (P&L)
-Statement of Owner's equity
-Cash flow statement
5. Business Plans
-Why Business plan?
-Describing your business
-Composing your executive summary
-Marketing and sales
-Organisational and operating plan
-Your financial plan
-Presenting your plan
-Conclusion
6. Budgeting Plans
-Budget and business planning
-Benefits of business budgets
-Creating a budget
-Conclusion
7. Understanding Inflation
-Variations of inflation
-South Africa Inflation Rate
-How inflation is determined
8. Invoice, Vat & Tax
-Basic invoice principles
-Vat Tax Invoices
-Types of Business Organisations
-Understanding VAT
9.Financial Decision making |
