Laplink Specialised Training Solutions invites you to join us in attending this amazing workshop  presented by a specialist in this field of expertise.

Who should attend:

  • Operational people with matric numeracy skills

Objective:

  • To understand your role in the business process and make informed decisions

Course Duration:

3 x days

Venue: Conference Centre Waterfall Office Park,  Magwa Crescent,  Midrand.

Refreshments and lunch will be provided.

Course Content

1. Why are we in business
1.1. The investment decision
1.2. What do we measure
1.3. Management’s role

2. Overview of accounting
2.1. Flow of funds
2.2. Accounting concepts
2.3. Depreciation
2.4. Recording and reporting

3. The balance sheet
3.1. Function and purpose
3.2. Format
3.3. Accounting equation

4. The income statement
4.1. Function and purpose
4.2. Common size ratios
4.3. Profit lines

5. Dual entry accounting
5.1. Debits and credits
5.2. Markup and margin
5.3. Assets and expenses
5.4. Posting transactions 101

6. Preparing month end reports
6.1. Income statement
6.2. Balance sheet
6.3. Cash flow statement

7. Working capital
7.1. Managing for cash generation
7.2. Measuring working capital
7.3. Monitoring working capital
7.4. Cash conversion cycle
7.5. P2P line
7.6. Pointers to managing working capital

8. Operational budgeting
8.1. What is a budget
8.2. Problems in budgeting
8.3. Getting budgets approved
8.4. Budget preparation
8.5. Variance reporting

9. Cost behaviour
9.1. Types of costs
9.2. Degree of operating leverage
9.3. Recovering costs and profit from sales

10. How much must we sell?
10.1. The effect of margins and added value selling.
10.2. The real cost of discounts
10.3. Cost increases
10.4. Satisfying shareholders

11. Capital budgeting
11.1. Time value of money
11.2. Discount factors and tables
11.3. Net present values
11.4. Internal rate of return

For bookings and additional information please contact us on 071 649 4162.