PROGRAMME
Day One
08h30-08h45: Introduction and overview
Effective financial management is an essential tool to ensure that the company meets its objective of Shareholder Wealth maximisation.
08h45-09h30: Generally Accepted Accounting Practice
The objective of these standards is to prescribe the basis for presentation of general purpose financial statements, to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities.
09h35-10h15: Understanding the Language of Accounting
An introduction to accounting processes, transactions and concepts as an entity’s financial statements are the end product of these processes.
10h15-10h35: TEA
10h35-11H30: Forms of business Ownership and Organisation
The different types of business organisations in South Africa.
11H35-12H45: Understanding Financial Statements
Be able to read and understand Financial Statements.
12h45-13h45: LUNCH
13h50-15h00: Financial Analysis and Ratios
The importance of financial analysis to ensure that service delivery remains the main item on the company’s agenda.
15h00-15h15: TEA
15h15-16h15: Case Studies in Financial Analysis
16h15: END OF DAY ONE
Day Two
08h30-10h15: Cost and Revenue Structures and Business Profitability
In this section different cost structures will be explored in order to assess the flexibility of the business to improve their financial positions over the medium to long term.
10h15: TEA
10h40-11H15: Cost and Revenue Structures and Business Profitability (Cont)
11H20-12H45: Introduction to Budgeting and Profit Planning
How will the business acquire, finance and distribute the required resources to achieve the profit expectations of the owners of the business.
12h45-13h45: LUNCH
13h50-15h00: Management of Working Capital
Working capital will be defined and explained in relation to solvency, overtrading and profitability.
15h00-15h15: TEA
15h15-16h15: Net Present Value and Capital Budgeting
Understand the process of planning for justifying Infrastructure development.
16h15: END OF DAY TWO
About your presenter
Alex Nortje is an experienced facilitator, consultant and financial planner. He holds a degree in accounting (B Comm.), has a master’s degree in Business Leadership (MBL) from Unisa and has obtained a postgraduate diploma in financial planning from the University of the Free State (CFP).
Alex has had considerable experience in IT ( spent 18 years in the IT arena), as well as in the financial environment in marketing and sales management. Alex has spent the last eight years as a lecturer for various institutions, and has been and is currently actively involved with the MBA, MBL, MDP and FMP courses at the Post Graduate School for Business Leadership at Unisa.
