Financial Management

AGISTIX CC

YOUR PARTNER IN SUPPLY CHAIN EDUCATION

FINANCE FOR NON-FINANCIAL MANAGERS

Introduction

This course provides in-sight into the financial requirements of running an organization. It is designed to assist personnel in management positions with no formal financial or accounting education. Forecasting and budget preparation are essential in today’s organizations as is preparation of management reporting.

Target Group

Individuals working in or associated with logistics, purchasing, operations, distribution personnel and many other disciplines. Small business entrepreneurs would benefit from attending this course.

Course Objectives

On completion of the course delegates should be able to:

	Have a basic understanding of the concept of financial management
	Recognize the areas of cost, financial and management accounting
	Reconcile cost and financial accounting
	Distinguish between direct and in-direct costs
	Apply principles of management accounting to the decision making process

Duration

5 Days / 30 Hours

Entry Requirements

Understanding of numeracy, Grade 12

Key Learning Points

	Capital – Fixed assets and cash flow forecasting
	The profit and loss account
	The balance sheet
	Depreciation
	Costing and pricing a product
	Future strategy
	Working capital
	Investment appraisal
	Sources of finance
	Stock Valuation, manufacturing accounts and multi-product costing
	Standard costing and budgeting
	Company accounting, ratios and analysis and the stock exchange

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