Finance is an all-encompassing activity of any organisation. It must have the ability to meet its short and long term needs and at the same time build up its financial resources to meet the demands of its strategic direction and vision

Finance must not be the responsibility of the Finance Department or the Treasury Department alone. It is the responsibility of all managers, at each and every level, of the organisation to have a full working knowledge of financial management and planning.

The need for financial control cannot be over emphasised. It is the control of costs and income which allows the organisation as a whole to improve its performance and its ability to innovate and be creative in supporting its value chain.

Financial planning and good budgetary control measures including a good reporting and information system will assist and give confidence to the key decision makers within the organization

What you will learn

• Fundamentals of financial accounting and management accounting systems.
• Budgetary control procedures and systems for effective financial planning.
• Working capital and cash flow analysis and control.
• Developing policies for effective credit and financial control
• Sources of financing and their impact on the organization
• Auditing and control
• Financial evaluation including cost benefit analysis. Using computer accounting systems and its implementation for the organisation. Using Microsoft Excel for financial analysis.

Benefits of attending – You will be able to

• Provide all managers in the organisation with the necessary understanding of finance and its important role in the organisation
• Allow management to appreciate the key issues in Finance to facilitate decision making Enable the manager to interpret company financial statements and reports
• Examine the control and framing of budgets that contribute towards the development and implementation of the strategic direction of the organisation
• Enable the manager to design and develop systems to ensure sound financial management.
• Provide managers with the necessary IT skills to facilitate financial planning and management.

 Who Should Attend

Directors of Treasury and Finance, Deputy Directors – Finance and Accounts, Assistant Directors – Accounts, Chief Accountants, Directors – Audit, Finance Managers, Parliamentarians and Legislators including the Members of the house of assembly.