Why attend this learning programme?
This course helps people do banking, and to manage their personal and business finances through proper budgeting procedures and management of income statements and balance sheets.
Who should attend?
This course is targeted for all employees. It is advisable to create homogeneous groups for training purposes, as in general employees, junior managers, or middle managers.
What are the course pre-requisites?
Course delegates must have a working knowledge of basic management principles and must be able to communicate at an NQF level 3: literacy, numeracy, and computer literacy.
What are the learning outcomes?
Use mathematics to plan and control financial instruments
Use simple and compound interest
Investigate various aspects of costs and revenue
Use mathematics to debate aspects of the economy
Create a budget
Explain an income statement and a balance sheet
What will you learn?
Learner orientation and adult learning
Introduction to the world of work and living a balanced life
Career v/s job
Introduction to banking and most commonly used bank accounts
What financial instruments are
Financial planning and expenses
Introduction to interests (simple and compound)
Costs, Revenue and Profit
Costs of running a business
Business and personal budget
Introduction to income statements and balance sheets
Assets and depreciation of assets
What is the preferred number of delegates per course?
For the best benefit to learners, we require a minimum of 6 delegates and a maximum of 20 delegates for the theory training.
|Unit Std ID||Unit Standard Description||NQF Level||No of Credits|
|119915||Manage personal expenditure||3||3|
|243189||Manage personal finances||1||8|
|15092||Plan and manage personal finances||1||5|
|9526||Manage basic business finance||3||6|
|9989||Understand and apply business finance||2||2|
|242810||Manage expenditure against a budget||4||6|