The workshop will benefit all non-financial managers, in every functional area of responsibility and from all industries, who need to enhance their financial skills.
The Business Finance and Budgeting workshop is designed to equip non-financial managers with the knowledge to interpret an income and expenditure statement, to analyse a balance sheet, and to use information in financial statements to make informed business decisions. The Budgeting process is explained in terms of the importance and benefits thereof using the necessary budgeting techniques.
- To analyse the elements of an income and expenditure statement in order to assess the viability of an enterprise
- To analyse the elements of a balance sheet and to evaluate it in terms of owner’s equity, assets and liabilities
- To use the evidence in financial statements to make a financial decision by applying applicable ratio’s
- The budgeting process in achieving the organisation’s strategic objectives