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BOTi Essential Course - Finance for Non-Financial Managers Training

Quick Look Course Summery: BOTi Essential Course - Finance for Non-Financial Managers Training
  • Next Public Course Date: 06/09/2019

  • Length:2 day

  • Price: 1 Person R ex vat3 Person R 0 ex vat10 Person R 0 ex vat

  • Certification Type: Certificate of Attendence

  • Locations & Venues: Call Centre Training Courses are held in JHB, Cape Town, Durban, Port Elizabeth

BOTi Essential Course - Finance for non-financial managers Training:  Course: Introduction

Bring out the accountant in you.  This is an introductory course  for those individuals whose primary focus is not finance but who nevertheless need to gain a more indepth understanding of the role and importance of finance within an organisation as well as a good grasp of finance terminology.

BOTi Essential Course - Finance for non-financial managers: Course Outline

Course Overview Part 1: Basic Bookkeeping Part 2: Budgets and Financial Reports

Part 1: Basic Bookkeeping

1. Introduction Topics for Discussion Topics Indirectly related Workshop Objectives

2. Basic Terminology

Accounting period Assets Balance Sheet Cost of Goods Sold Equity Expenses Income Statement Liabilities Revenue Review

3. Terminology

Accounts Payable Accounts Receivable Depreciation General Ledger Interest Inventory Journals Payroll Trial Balance Review

4. Accounting Methods

Accrual Cash Differences between the two Questions

5. Keeping Track Of Transactions

Accounts Payable Accounts Receivable Journals General Ledger Cash Management/Banking Questions

6. The Balance Sheet

The Accounting Equation Double-Entry Accounting Types of Assets Types of Liabilities Equity - Owner's Equity Questions

7. Other Financial Statements

Income Statement Cash Flow Statement Capital Statement Budget vs. Actual Questions

8. Payroll Accounting Terminology

Gross Wages Net Wages Employee Tax Witholding's Employer Tax Expenses Salary Deferrals Employee Payroll Employee Benefits Tracking Accrued Leave Government Payroll Returns and Reports Review Questions

9. End Of Accounting Period Procedures

Depreciating Assets Reconciling Cash Reconciling Investments Trial Balance Bad Debt Adjustments and Corrections Review Questions

Part 2: Budgets and Financial reports

1. Introduction

Topics for discussion Indirectly related topics Workshop Objectives

2. Glossary

Definition of finance Commonly Used Terms People in Finance, Jobs in Finance International and National Finance Accreditors GAAP

3. Understanding Financial Statements

Balance Sheets Income Statements (Profit and Loss) Statement of Retained Earnings Statement of Cash Flows Annual Reports

4. Analysing Statements

Income Ratios Profitability Ratios Liquidity Ratios Working Capital Ratios Bankruptcy Ratios

5. Analysing Statements - Less Common

Long Term Analysis Ratios Coverage Ratios Leverage Ratios (ROI) Return on Investments

6. Understanding Budgets

Common Types of Budgets Information needed Who to involve What a Budget should look like

7. Budgeting Made Easy

Historical Data Gathering Related Information Adjustments for Special Circumstances Putting it all together Computer Based Methods

8. Advanced Forecasting Techniques

Using the Average Regression Analysis Extrapolation Formal Financial Models

9. Managing the Budget

Making Sure You're on the Right Track Updating the Budget Keeping a diary of Lessons Learned When to Panic

10. Purchasing Decisions

10 Questions you must ask Determining the payback period Deciding whether to Lease or Buy Thinking Outside the Box

11. The Legal World

A short history The Sarbanes-Oxley Act CEO/CFO Certification Thinking Outside the Box

12. Overview

Words from the Wise Topics not discussed Lessons Learned Action Plans and Evaluations  

BOTi Essential Course - Finance for Non-Financial Managers Training: Course Duration

2 day/s

BOTi Essential Course - Finance for Non-Financial Managers: Who should attend:

This  course is intended for non-financial managers who, although finance is not their main focus, nevertheless need to develop an understanding of financial mechanics and its related terms. **Quote does not include Any Exam Fees (if applicable) IMPORTANT ACTION: Do Not Wait To Improve Your Skills.   Book Now By Completing Online Booking Form / Customised Proposal or Obtain Approval For Your Already Received Customised Proposal Don't delay.  Skill up at BOTi today.

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