Budgets And Financial Reports Training Course

Introduction: Budgets And Financial Reports Training Course

Money matters can be daunting for even the smartest individuals. Nevertheless, having a good Comprehending of basic financial terms as well as methods is essential to your profession. When terms like ROI, EBIT, GAAP, as well as extrapolation join the conversation, you will want to know Exactly What individuals are talking about, as well as you will want to be able to participate in the discussion.

The Budgets as well as Financial Reports program will supply you a good foundation in finance. We will cover topics like widely used terms, financial statements, budgets, forecasting, purchasing decisions, as well as financial legislation.

Budgets And Financial Reports Training Course

Budgets And Financial Reports Training Course


Recommended Prior Experience and Knowledge: Budgets And Financial Reports Training Course

This course will assist delegates in understanding: Budgets And Financial Reports

For the Budgets And Financial Reports Training Course it is advisable that you have the following experience/knowledge:
None, course conducted in English


Outline: Budgets And Financial Reports Training Course

Johannesburg (Sandton), Cape Town, Durban, Port Elizabeth, Pretoria – South Africa

Key outcomes of the course include:
BOTI’s Program Outline

Component 1: Starting Out
• Activities to break the ice
• Housekeeping matters and administration
• The Parking Area
• Program Objectives

Component 2: Glossary
• Exactly What Is Finance
• Comprehending GAAP
• Essential Finance businesses
• Widely used Terms
• Essential Players (individuals, Jobs)

Component 3: Comprehending Financial Statement
• Balance Sheets
• Statement of Retained Earnings
• Income Statements (AKA Profit as well as Loss Statements)
• Annual Reports
• Statement of Cash Flows

Component 4: Analyzing Financial Statements, Part 1
• Income Ratios
• Working Capital Ratios
• Liquidity Ratios
• Bankruptcy Ratios
• Profitability Ratios

Component 5: Analyzing Financial Statements, Part 2
• Long Term Analysis Ratios
• Calculating Return on Investment (ROI)
• Leverage Ratios

• Coverage Ratios

Component 6: Comprehending Budgets
• Common Kinds of Budgets
• Who Should Be Involved?
• Exactly What Should A Budget Look Like?
• Exactly What Information Do I Need?

Component 7: Budgeting Made Easy
• Factoring In Historical Data
• Putting It All Together
• Gathering Related Information

• Adjusting For Special Circumstances
• Computer Based Methods

Component 8: Advanced Forecasting Techniques
• Formal Financial Models
• Utilizing the Average
• Extrapolation
• Regression Analysis

Component 9: Controlling the Budget
• When to Panic
• Should Your Budget Be Updated
• How to determine if you’re On the Right Track
• Keeping a Diary of Key Learnings

Component 10: Making Smart Purchasing Decisions
• Determining the Payback Period
• 10 Queries You Must Ask
• Deciding Whether to Lease or Buy
• Thinking outside the Box

Component 11: A Glimpse into the Legal World
• Thinking outside the Box
• CEO/CFO Certification
• The Sarbanes Oxley Act
• A Brief History

Component 12: Concluding
• Wise Men’s words
• Evaluations as well as Completion Of activity Plans
• Assessment of Parking Area
• Key Learnings



Course duration and fees: Budgets And Financial Reports Training Course

Our one day training course is designed so that the knowledge acquired is applied practically, so that the business environment can be enhanced.

Please contact BOTI for information around costing

Course Schedule

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