FINANCIAL MANAGEMENT FOR ENTREPRENEURS AND BUSINESS MANAGERS (FAP03)
Overview
The main aim of any business is to generate wealth, and this is why accounting and finance are focal in any enterprise. While, accounting is the language of business, finance is the science and art of managing funds in any business. Therefore, it is imperative that entrepreneurs and business managers have a basic understanding of possible financial issues that could affect the performance of business. Consequently, this programme has been designed for entrepreneurs, business managers and leaders who have the responsibility to run a business or a division of a business. The participants in this course will have the responsibility for budgeting, revenue generation, cost management and/or profitability
- Owners and managers of medium enterprises
- Line or divisional managers of revenue centres
- Branch and product managers
- Potential business owners
- Entrepreneurs.
- To introduce participants to the concept and practice of responsibility accounting.
- To improve the knowledge and skills of participants in budgeting, cashflow planning, profit, and
financial planning. - To expose participants to business cost structures and costing techniques.
- To educate participants on basic financial control techniques.
- To introduce participants to various forms of business financing and partnerships and how to
search for these opportunities.
Module 1: The Corporate Life Cycle
Module 2: Fundamentals of Accounting Information to Business Management
Module 3: Management Accounting Information and Decision Making: Budgeting for Planning and
Control.
Module 4: Working Capital Management
