Introduction to Finance – Business Finance Fundamentals

The essential language of business is financial and the success…

  • Self-Paced

    Duration
  • R1,500.00

    Course Fee
  • Finance

    Faculty
  • 4

    Modules
Enrol Now View our affordable payment options *

INTRODUCTION

The essential language of business is financial and the success or failure of a business is measured in financial terms.
Research conducted all over the world has proved that non-financial people with a sound grasp of business finance make greater contributions to the performance and success of their business unit. They are more effective performers and more effective managers and leaders – which results in better performance and consequent benefits for the members of their teams. In short, the business benefits, and therefore everybody involved with the business benefits.
This course provides an effective way for every non-financial person in business to learn and understand business finance in an enjoyable and practical way.

  • Module Outline
  • Who is this for
  • Requirements
  1. Introduction
  2. Business Basics
    • The Purpose of Business
    • In Order to get started
    • Different forms of business registration
  3. Financial Scorecards
    • The Income Statement
    • The Balance Sheet
    • Cash Flow Budgets/Forecasts
  4. Interpretation and Analysis
    • Profitability Ratios
    • Liquidity Ratios
    • Efficiency Ratios
    • Leverage Ratios
  5. Working Capital
    • Introduction
    • The Cash Conversion Cycle
    • Managing Working Capital

This course is aimed at equipping non-financial people in business with the understanding they need to manage the financial aspects of their work more effectively. It is ideal for admin managers, HR managers, and all non-finance line managers.

  • PC running Windows 10 / Windows 7 or Windows 8
  • Access to the Internet