Accredited Financial Management

TRAINING COURSE

Details Audience and Pre-Requisites Course Outline / Curriculum Schedule Dates and Booking Enquiry

Details

This 4-day Financial Management course delivers foundational knowledge and practical skills in accounting and finance. You'll explore fundamental GAAP principles, learn how to navigate the accounting cycle, and develop the ability to read and interpret financial statements (income statements, balance sheets, cash flow, and more). Hands-on exercises and real-world case studies reinforce core techniques - like analyzing annual reports and using problem-solving strategies - to address challenges and uncertainties in financial decision-making.

In addition, the course covers VAT basics, from registration requirements to filing returns, and guides you through budgeting essentials, teaching you how to prepare, present, and gain approval for various types of budgets. Integrated ethical and emotional intelligence components emphasize professional standards, ethical conduct, and effective interpersonal communication. By the end, you'll have a robust toolkit for managing finances, optimizing resources, and making informed, ethical decisions in any organizational setting.

This course covers the outcomes of US 252040 at NQF level 5 for 8 credits. By the end of this course, you will be able to:

  • Demonstrate an understanding of the key concepts of managerial finance
  • Interpret financial statements
  • Draft financial forecasts
  • Draft budgets according to the operational plans of the unit
  • Supervise the financial management of a unit against given requirements

Delivery Methods

Delivery Method Duration
Classroom
Instructor-led classroom-based training. Classes are scheduled at various conference centres in the Sandton area or your premises. Stationary and printed manuals or online resources are included. Refreshments, including 2 tea breaks and a cooked meal for lunch are provided. Training is between 9 am to 4 pm.
Classroom
5 Days Get a Quote
Live Virtual Training
This course is delivered live via Microsoft Teams. You will be able to see and hear the instructor, view their whiteboard, and ask questions or communicate in the chat. Attend from the comfort of your own home or private office.
Live Virtual Training
5 Days Get a Quote

Discounts Available

Brochure:

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Information may change without notice.

Customer Testimonials

Vision View Productions

I liked the professionalism of the staff, attention to client's needs and a quick turn around to those needs. Small classes means individual, specialized treatment and care to each student.

Audience

This is intended for managers in all economic sectors and is suitable for anyone needing an accredited course that covers the fundamentals of finance.

It would also suit small business owners, junior finance professionals, team leaders responsible for budgets, and anyone aspiring to enhance their understanding of accounting principles, VAT regulations, and basic financial analysis. This course is also highly valuable for managers or non-financial specialists looking to make more informed, data-driven decisions within their organizations.

 

Pre-Requisites

Learners enrolling for this course need to be competent in:

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

 

Course Outline / Curriculum

  • Section 1:

    • Getting the Facts Straight

    • Starting with the Basics

    • General Accepted Accounting Principles (GAAP)

    • Getting to Know the Players

    • Identifying the Key Players in Your Organization 

    • Governing Organizations

    • The Accounting Cycle

    • Underlying Principles

    • Overview of the Accounting Cycle

    • Case Study: (Accrual Basis vs Cash Basis of Accounting)

    • Understanding Debits and Credits

    • The Accounting Model

    • The Accounting Equation

    • Working with Debits and Credits

    • A Review of Financial Terms

    • Structure of Annual Financial Statements

    • Sample Income Statement

    • The Balance Sheet

    • Sample Balance Sheet

    • The Cash Flow Statement

    • Statement of Retained Earnings

    • Keeping Score

    • Understanding the Chart of Accounts

  • Section 2:

    • Your Financial Analysis Toolbox

    • Identifying the Relevant Data

    • Analyzing the Data

    • Reading Annual Reports

    • Case Studies 1

    • Case Studies 2

    • Case Studies 3

    • Sir John Templeton

    • Problem Solving Quotes

    • Seven Habits of Highly Creative Problem Solvers

    • 1.Comfortable with uncertainty – and even seek it out

    • 2. Failure is part of the process, and not taken personally

    • 3. Reverse engineer problems

    • 4. Ask great questions, and listen to as many (open minded) people as possible

    • 5. Understand your best contribution in the problem-solving process

    • 6. Get on the balcony

    • 7. Don’t believe your first answer, and don’t believe you have found the best answer

  • Section 3:

    • Value Added Tax - Basics

    • VAT Exempt products and services:Who should register for VAT?

    • How often is a VAT return completed and paid?

    • How VAT works – the big picture:

    • Ethics 101

    • Ethical Relativism

    • CODE OF PROFESSIONAL CONDUCT FOR CHARTERED ACCOUNTANTS

    • 7 Brilliant Things Emotionally Intelligent People Do When Their Buttons Are Pushed

    • 10 Behaviours You Never See in Successful People

    • The Basics of Budgeting

    • Defining a Budget

    • Types of Budgets

    • Just Do It!

    • Case Studies

    • General Budget Scenarios

    • More Complex Budget Scenarios

    • Budget Case Study 2

    • Budgeting Tips and Tricks

    • Getting Your Budget Approved

    • Environmental Analysis

Schedule Dates and Booking

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