Financial Management & Cost Accounting for Non-Financial Managers

Course Overview

To equip participants to grasp the concept of creating shareholders’ value through investment decisions, the financing decision, growth and operational decisions. Most business decisions impact directly on financial performance and cash flows. It is important to analyse these decisions and its impact on the sustainable profitability of business, using actual problems and case studies.

Read

Learning Outcome

• Read financial statements with an understanding of the basic accounting principles.
• Compile a budget, understanding the importance of cost behaviour and the break-even analysis.
• Analyse the financial statements using ratio analysis.
• Perform cost-volume-profit and break-even analysis.
• Integrate both financial and non-financial performance measures using balanced scorecards.
• Evaluate capital investment projects using discounted cash flow techniques.
• Compute the cost of capital, understanding the impact of risk on the required rate of return investors
• Comprehend the importance of sustainable growth and the impact of growth on the cash flows of the business.
• Assess the performance of different divisions using economics value added (EVA).

Course Content

• Basic accounting
• Analysis of financial statements and cash flows
• Cost-volume-profit-analysis
• Budgeting
• Balanced scorecard
• Ratio analysis
• Cost of capital
• Debt versus Equity
• Evaluating Capital Budgeting Projects using Nett Present Value (NPV)
• The management of growth
• Performance appraisal using EVA

”Close”

Add to wishlist
Category:

Additional information

Qualification Type:

Certificate of Competence
Duration:

4 months
Programme Type:

Category B Learnership
Programme ID:

PA0003
Credits:

20
NQF Level:

Level 5
Contact Days:

5 – 7 Learning hours per week, anytime, anywhere
Prerequisites:

Grade 12 Qualification
Training Options:

Distance Learning – Online
Minimum Learners Required:

One (1) on Distance Learning – Online
Who should attend:

All non-financial managers with a need to further their careers and has a desire to understand the scorecard of business

Download Course Details

Related products