Financial Management & Cost Accounting for Non-Financial Managers

Programme 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.

           

Programme Objective

By the end of the programme, participants should be able to:

  • 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).

Programme 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

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Your Lecturer for this online programme:

Dr Liezel Alsemgeest

Liezel completed her PhD thesis titled: The drivers of customer perception and sustainable profitability of an agricultural business in South Africa in 2011. She is also a lecturer for the first year B.IURIS students at the Centre for Financial Planning Law, as well as a Certified Financial Planner (CFP®). Her research mainly focuses on personal financial management and agricultural businesses.

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Data sheet

Language Available
English
Duration
4 months
Presentation Type
Online
Programme Type
Category B
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.
NQF Level
NQF 5
Credits
20 Credits
Accreditation
Financial Management & Cost Accounting is credit bearing towards the MDP (Management Development Programme) & BML (Bachelors in Management and Leadership).

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Financial Management & Cost

Financial Management & Cost Accounting Program

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