Whether you’re a doctor, hairdresser, or owner of a profitable pet parlour, good financial management is key to any company meeting its business objectives. The ability to manage funds efficiently comes from selecting an appropriate strategy, sticking to a budget, conducting a break even analysis and keeping up with cash flow and understanding income statements. Master these skills and more in the 10 week Finance for the Non-Financial Managers online short course.
Course curriculum
Module 1: A Business Operation.
Module 2: Key Financial Terms.
Module 3: Income Statement.
Module 4: Balance sheet and cash flow statement
Module 5: Setting the Budget of a Business Operation.
Module 6: Using the Budget to Control Income and the Balance Sheet.
Module 7: Break Even Analysis.
Module 8: Financial Year End Statements.
Course outcomes
Apply key financial terms to the successful management of a business operation
Analyse income statements, balance sheets and cashflow statements
Format: Wits certified online short course
Certification: Wits University certificate of competence
Duration: 10 weeks
Breakdown: 8 weeks consecutive online lectures, one exam in week 10
Hours per week: 5 to 7
Language: English
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A retired member of the SA Institute of Professional Accountants, Wits Plus lecturer John Borthwick has a wealth of experience as a financial consultant for multiple international industry goliaths, including Volvo.