Course Code: MMS/FA/01

Course Title: Finance for Non-finance Executives

Course Description

Every manager of business resources requires a practical understanding of financial management since he/she needs to be well equipped with the financial implications of his routine decision.
This course will expose participants to skills in interpretation of financial report highlighting those focal areas of financial management. More importantly, the course attemots to identify the key performance indicators which drive profitablity. Participants will be exposed to tools for Capital Project Appraisals with a view to making decisions among competiting atternatives.

Learning Objectives

To sharpen the knowlegde of participants on the impact of day-to-day decisions on profit and cashflow.

For Whom

Management Trainees whoa re being developed to take on functional responsibilities. Managers who desire to have a better understanding of the financial implications of their daily business decisions. Entrepreneurs and Business Owners.

  • More effective strategic business thinking.
  • The ability to appraise any business from its financial statements.
  • An understanding of ratio analysis and performace indicators to improve result
  • ound financial business plans and foreseats and how to present them.
  • Strategic management
  • Internal business analysis-your organisation
  • Financial analysis and peformance indicators
  • Using key financial ratios
  • External analysis-your business environment
  • Gaming competitive advantage
  • Implementing strategy
  • Ten steps to a successful business plan
  • Strategic, operating and financial plans
  • Effective forecasting and budgeting
  • Managing risk
  • Getting approval for your business plans
  • Business case for effective Planning

Duration: 3 Days (Six Sessions)

Minimum class size: 10

Course Code: MMS/FA/04

Course Title: Book-keeping Fundamentals

Course Description

Book-keeping is the act of keeping accounting records of business transactions being undertaken on a daily basis. Basically, it is the recording of all money recieved and spent by a business. It i also concerned with the goods bought and old on credit.
This course will expose participants to an awareness of the importance book keeping in business and develop the needed skills in record keeping.

Learning Objectives

This courses is designed to:

  • Expose participants to the basics of book keeping accounting records
  • Provide a foundation knowlegde for those working in Accounting Departments who do not posses the required experience in Accounting practice

For Whom

Account Clerks, Accounting Assistants, Accounting officers who are responsible for keeping Accounting Records. It is also targetted at Small Buiness Owners.

  • Overview of the nature of business organisation
  • Book keeping Concepts
  • Legal and regulatory framework of Accointing
  • The General Legder and subsidary books
  • The Imprest system in Accounting
  • Accounting for Value Added Tax
  • Monthly Banking Reconcilation
  • sales Accounting and Recievables
  • Purchases Accounting & Payables
  • Accurals
  • Payroll System
  • Monthly Management Reports

Duration: 2 Days Fee: Available on Request but Negotiable

Course Code: MMS/FA/05

Course Title: Financial Accounting for Non-Accountants

Course Description

Every manager of business resources requires a practical understanding of financial management since he/she needs to be well equipped with the financial implications of his routine decision.
This course will expose participants to skills in interpretation of financial report highlighting those focal areas of financial management. More importantly, the course attemots to identify the key performance indicators which drive profitablity. Participants will be exposed to tools for Capital Project Appraisals with a view to making decisions among competiting atternatives.

Learning Objectives

To sharpen the knowlegde of participants on the impact of day-to-day decisions on profit and cashflow.

For Whom

Management Trainees whoa re being developed to take on functional responsibilities. Managers who desire to have a better understanding of the financial implications of their daily business decisions. Entrepreneurs and Business Owners.

  • More effective strategic business thinking.
  • The ability to appraise any business from its financial statements.
  • An understanding of ratio analysis and performace indicators to improve result
  • ound financial business plans and foreseats and how to present them.
  • Strategic management
  • Internal business analysis-your organisation
  • Financial analysis and peformance indicators
  • Using key financial ratios
  • External analysis-your business environment
  • Gaming competitive advantage
  • Implementing strategy
  • Ten steps to a successful business plan
  • Strategic, operating and financial plans
  • Effective forecasting and budgeting
  • Managing risk
  • Getting approval for your business plans
  • Business case for effective Planning