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Home > Finance For Non-financial Managers

Finance for Non-Financial Managers

- Services SETA: 12611, US252040

This generic and/or vocational learning programme is intended for all persons who need to manage the finances of a unit. At the end of this learning programme, the learner will be able to:

  • Demonstrating an understanding of the key concepts of managerial finance
  • Interpret financial statements
  • Describe and prepare financial forecasts
  • Draft budgets according to the operational plan of the unit
  • Supervise financial management of a unit against given requirements

  • Pricing & Payment Options

    NEW SECTION

  • Duration

    • Full Time: 1 Day (08:30 - 16:00)

  • Course Prerequisites

    It is assumed that people learning towards this Unit Standard are already competent in:

    • Communication at NQF Level 4.
    • Mathematical Literacy at NQF Level 4.
    • Computer Literacy at NQF Level 4.

  • CPD Credits

    Special Lockdown Discount applies!
    Ask Your Sales consultant about it.

    - Services SETA: 12611

     

    - US252040

    - Qualification ID: 59201

Our Delivery Methods

Our innovative "myWay” learning methodology is built around the students individual learning requirement, allowing each student to learn in a style that is most suitable for their skills set, knowledge and schedule.

Instructor-Led Classes

Reach your full potential through our “myWay Instructor-Led” classes combined with interactive lessons, supporting video content, practical assignments and in field experience, done during the traditional 08:00 – 16:00 working day.

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Part Time Mentored Learning

Designed for the working professional, our part time programmes provides you with the flexibility and benefit of our myWay Blended Learning with at home exercises/assignments and mentored or in-class lectures at a manageable schedule and pace.

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Our Hybrid Delivery Methods

Our Hybrid Delivery Methods

myWay Hybrid Learning is a technology mediated delivery method that extends the benefit of flexibility and technology to all students. Each Hybrid delivery method is described in the section below.

#AnywhereAnytime

Have all your classes ready to be downloaded and watched, anytime, anywhere.

#NoStudentLeftBehind

Never miss a classs because of health, traffic, or transport issues.

#Flexibility

A personalized class schedule, attend class on campus, virtually or both.

 

In Class or Virtual Class Based Learning

A technology mediated delivery method allowing campus based class or virtual class attendance, or a combination of both. Classes can be in the form of lecture based or mentored based.

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Mentored Online Learning

A technology mediated, self paced online delivery method with personal mentorship.

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Important Notes

  • Students are to be at the training venue by 08h00 in preparation for a 08h30 start time.
  • Learnfast retains the right to change this calendar without any notification.
  • Bookings are only confirmed upon receipt of the proof of payment or an official company purchase order for the full amount of the training.
  • For full day courses Learnfast will supply you with the relevant training material. A desktop computer to use for the training (where applicable), tea/coffee and a full lunch for full day InClass training hosted at Learnfast only. Catering is not included for OnSite training and laptop is available for hire at an additional cost if required.
  • Cancellation or rescheduling requests must be in writing and reach us via fax or email at least 5 (five) working days prior to the course commencement date. Full course fees may be retained for no shows or requests within 5 working days prior to commencement.
  • Although we go to great lengths to ensure that all training proceeds as scheduled, Learnfast reserves the right to cancel or postpone dates if we require to do so and undertake to inform clients in writing and telephonically of these changes.
  • Learnfast suggests clients wait until a week prior to course commencement that a course has been confirmed to go ahead as scheduled before booking flight and accommodation. Learnfast is NOT responsible for cost associated with cancellation of classes such as flight and accommodation for clients.
 

Module 1: Demonstrating an understanding of the key concepts of managerial finance

  • Explain the accounting cycle by means of a diagram
  • Explain the role of budgeting and forecasting in the strategic planning process with reference to the manager's specific organisational context
  • Explain the accounting conventions applied in the financial management of a unit with examples
  • Explain the financial reports published by the manager's entity with examples

Module 2: Interpret financial statements

  • Analyse the financial statements, using data sources identified and evaluated for authenticity and accuracy
  • Apply the ratios to measure the profitability and liquidity of an entity
  • Apply the ratios to measure the working capital and asset utilisation of an entity
  • Apply the ratios to measure the return of an entity
  • Make recommendations regarding the profitability of, liquidity, working capital, return and resource utilisation by the entity using the results obtained from the application of the ratios

Module 3: Describe and prepare financial forecasts

  • Identify the types and formats of financial forecasts with examples
  • Identify sources of financial forecasts as per the entity's standard practice
  • Outline the factors in preparing financial forecasts in line with entity's standard operating procedures
  • Incorporate relevant factors in the preparation of financial forecasts
  • Analyse financial forecasts to determine viability against the entity's requirements

Module 4: Draft budgets according to the operational plan of the unit

  • Link budget plans to operational objectives
  • Establish operational objectives in line with the unit's strategic plan
  • Formulate the budget according to standard operating procedures
  • Review the drafted budget, reflect on and modify it to ensure alignment to the operational plan of the unit
    No dates have been specified for this course.
    Please contact The CAD Corporation for more information and dates on this course.

By completing the below online booking, a booking confirmation will be sent out and an invoice will be generated. A place will be reserved on this course and you are expected to attend. If you require a quote first please contact Learnfast offices and speak to a sales consultant.

Finance for Non-Financial Managers
  1. By booking for this course, an invoice will be generated and you will be liable for the payment of this invoice. If you require a quote, please contact The CAD Corporation Offices.
  2. After the generation of the invoice a training confirmation will be emailed using the details provided above.
  3. The CAD Corporation retains the rights to change this calendar without any notification.
  4. Tea/coffee and a light lunch will be provided.
  5. All university students will receive a 10% discount for cash payments.
  6. The minimum notice of cancellation is 5 (five) working days prior to the course commencement date. If you fail to do so the full amount is payable.
  7. Students are to be at the training venue by 08h00 in preparation for a 08h30 start time.
As a valued friend of Learnfast, we take your privacy seriously. The POPI Act comes into effect on 1 July 2021 and, we would like to assure you that we treat your information with sensitivity and confidentiality.

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As a valued friend of Learnfast, we take your privacy seriously. The POPI Act comes into effect on 1 July 2021 and, we would like to assure you that we treat your information with sensitivity and confidentiality.

By filling in this form, you agree to receive newsletters and communication from Learnfast.
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