Introduction
We also offer Finance workshops that are customised to the clients needs. Financial acumen is a critical knowledge that all employees should have to improve the financial performance of any organisation. The Finance workshop is a practical way of learning and gaining basic financial knowledge that will have an impact on the day to day operation of your organisation.
Our subject matter expert Sulet van Niekerk CA(SA) is an experienced facilitator and have designed and facilitated on numerous management development programmes at all development levels for the Stellenbosch Business School - Executive Development (SBS-ED) and Henley Business School. She is a subject matter expert in Financial Management, Accounting and Budgeting. Sulet has designed and customised Finance workshops for companies facilitating at all levels of the organisation.
Objective
The workshop equips employees with the understanding of accounting principles, financial concepts and the budgeting process. It develops confidence in their own understanding and interpretation of financial reports which they can practically apply in the organisation.
Benefits of this Finance Workshop
Participants will be able to read and interpret financial reports such as the Income statement, Balance Sheet and Cash flow statement.
Participants will be able to calculate financial ratios and interpret the results.
Participants will have an understanding of their impact on the financial results of the organisation.
Participants will have an understanding of working capital and the importance of cash flow in the organisation.
Participants will improve their decision making based on financial information available.
Participants will be able to prepare budgets that will support the organisation’s strategy.
Learning Outcomes
Understand basic accounting principles.
Read, identify and explain the various components of an Income statement, Balance sheet and Cash flow statement.
Basic financial analysis using financial statements to calculate and interpret ratios.
Understand the concepts upon which accounting functions are based.
Evaluate the management of working capital and cash flow of a business.
Understand the budget process of a business in achieving business objectives.
Learning Approach
For participants to gain a full understanding of the concepts in class room facilitation by a subject matter expert using action based learning with practical exercises and examples. Each delegate will receive an easy to read set of notes for future reference.
Duration
The Finance workshops are customised to the clients needs and the duration can be 1 - 4 days to suite the clients learning environment.