Budgets and Managing Money Training Course

Course Details

Understanding the cycle of finance will help you figure out where you fit into your company's financial structure, and how to keep your department out of the red. This two-day workshop will help you prepare budgets and make decisions with confidence.

Participants should complete Leading Training's Accounting Skills for New Supervisors course before this workshop or have equivalent knowledge.

At the conclusion of this workshop, you should be able to:

• Define basic financial terminology
• Prepare a budget of any type or size
• Get your budget approved
• Perform basic ratio analysis
• Make better financial decisions

Delivery Method

Instructor Led classroom based training. Scheduled classes are normally held in Kyalami, Midrand - near to Sandton in Johannesburg, Gauteng, South Africa. Stationary and textbook included. Refreshments, including 2 tea breaks and a cooked meal for lunch are provided for full time courses. Light finger meals are supplied for part time courses.

Audience

Team leaders, supervisors and managers who are responsible for budgeting for their departments

Pre-Requisites

Having completed the Accounting Skills for New Supervisor's Course or have equivalent knowledge and experience

Course Duration

2 Days

Cost from 1st of March 2012

R 2,160.00 excl vat
R 2,462.40 incl vat

Note: information may change without notice.

Course Outline

The first part of the day will be spent getting to know the course participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.

1. Finance Jeopardy
• This fun exercise will help you review some key concepts and ideas with participants.
2. The Fundamentals of Finance
• In this session, participants will review basic financial concepts, generally accepted accounting principles, and the key players and roles in finance.
3. The Basics of Budgeting
• Next, participants will learn what a budget is, what common types of budgets exist, and how their budget should fit into the big picture.
4. Parts of a Budget
• Any good plan should have four parts. This session will teach participants what they are.
5. The Budgeting Process
• Participants will spend the afternoon of Day One exploring what the budgeting process should look like through lectures and a three-part case study.
6. Budgeting Tips and Tricks
• To begin Day Two, participants will look at some dos and don'ts of budgeting.
7. Monitoring and Managing Budgets
• In this session, participants will explore how budgets can be managed and monitored.
8. Crunching the Numbers
• Participants will get their hands dirty with ratio analysis, including current ratio, quick ratio, debt ratio, net and gross profit margin, return on sales ratio, debt to net worth ratio, cash turnover ratio, collection ratio, investment turnover, and return on investment.
9. Getting Your Budget Approved
• This session will show participants how.to get around the politics and pencil-pushers and get the money that they need.
10. Comparing Investment Opportunities
• Investment opportunities within the business can be big decisions that require proper planning. This session will give participants a quick guide to making those decisions.
11. ISO 9001:2008
• ISO 9001:2008 is a structured process through which a company can raise the quality of the products and services that they provide, and then maintain that level. This session will introduce participants to that process and explore its impact on budgeting.
12. Directing the Peerless Data Corporation
• Participants will spend the entire afternoon of Day Two doing an intensive role play. They will play the role of Operations Director of the Peerless Data Corp. As the trainer, you will ask them to make five financial decisions. After each decision is made, debriefing points are provided. We have also provided discussion questions for the end of the exercise.
13. Workshop Wrap-Up
• At the end of the day, students will have an opportunity to ask questions and fill out an action plan.

Scheduled Dates

Provisional Dates

These dates have not yet been confirmed. If you are interested in attending please enquire below.

From Date	To Date	Duration	Venue
Mon 30 Jul 2012	Tue 31 Jul 2012	2 days	Kyalami

Course Enquiry

If you have a query relating to this course, please complete the form below.

Name
Email
Contact Number
Query
Security Code
Verify Code

Accounting Skills for New Supervisors   Administrator Bootcamp   Adobe Captivate   Advanced PHP   Advanced Project Management   Advanced Skills for the Practical Trainer   Advanced Web Application Programming   Advanced Writing Skills   Anger Management: Understanding Anger   Assertiveness as a Business Tool   Basic Computer Skills   Budgets and Managing Money   Building Better Teams   Building Relationships for Success in Sales   Building Your Self Esteem and Assertiveness Skills   Business and Report Writing   Business Etiquette: Gaining That Extra Edge   Business Leadership: Improving Management Performance   Business Succession Planning: Developing and Maintaining a Su   Business Writing that Works   Call Center Training: Sales and Customer Service Training for   Change and How to Deal with It   Change Management   Coaching for Growth and Performance   Coaching In The Call Centre Environment   Coaching: A Leadership Skill   Communicating Across Cultures   Communication Strategies   Concepts of Information Technology   Conducting Effective Performance Reviews   Conflict Resolution   Conflict Resolution: Dealing with Difficult People   Conflict Resolution: Getting Along in the Workplace   Conquering Your Fear of Speaking in Public   Creating a Dynamite Job Portfolio   Creating a Top Notch Talent Management Program   Creating and Managing Your Corporate Brand   Critical Thinking   CRM: An Introduction to Customer Relationship Management   Customer Service   Customer Service Training: Critical Elements of Customer Serv   Customer Service Training: Managing Customer Service   Delegation - The Art of Delegating Effectively   Developing Your Training Program   Dreamweaver CS5   Drupal Administration   Dynamite Sales Presentations   Effective Business Writing   Effective Planning and Scheduling   Emotional Intelligence: Its Not What You Think   Employee Dispute Resolution: Mediation through Peer Review   Facilitation Skills   Finance for Non Financial Managers   Flash CS5   Fundamentals of Selling   Generation Gap: Closing the Generation Gap in the Workplace   Getting Stuff Done: Personal Development Boot Camp   Getting Your Job Search Started   Graphic Design Practicals   High Performance PA and Management Skills for the Administrator   Hiring for Success   HTML and CSS   HTML5 upgrade   Human Resources Training for the Non HR Manager   Human Resources Training: HR for the Non-HR Manager   Illustrator CS4   Illustrator CS5   InDesign CS5   Intermediate Project Management   Interpersonal Skills   Introduction to Neuro Linguistic Programming   Introduction to PC   Introduction to Programming Using Python   Introduction to UML   Inventory Management - The Nuts and Bolts   Java   Javascript   Joomla Basic   Joomla Intermediate   jQuery   Leadership Skills for Supervisors   Linux Essentials   Linux Master Bundle   Linux Networking   Linux Point&Click Admin   Linux Security   Linux Single Sign On   Linux System Administration 1   Linux System Administration 2   Linux Ubuntu 199   Management and Supervisory Skills   Marketing and Sales   Mastering the Interview   Meeting Management - The Art of Making Meetings Work   Microsoft Access 2007   Microsoft Excel 2007: Advanced   Microsoft Excel 2007: Basic   Microsoft Excel 2007: Intermediate   Microsoft Outlook 2010   Microsoft PowerPoint 2007   Microsoft Project 2007   Microsoft Visio   Microsoft Word 2007   Motivating Your Employees   Motivation Training: Motivating Your Workforce   MySQL   MySQL Administration   Negotiating For Results   Negotiation Skills   NLP Tools for Real Life   Office Administration   Onboarding: The Essential Rules for Successful Onboarding   Open ICDL Module 1   OpenOffice   Orientation Handbook: Getting Employees Off to a Good Start   Overcoming Objections to Nail the Sale   PC Networking   Performance Management: Managing Employee Performance   Perl Fundamentals   Photoshop CS5   Photoshop Refresher   PHP   PostgreSQL Administration   Practical Leadership   Presentation Skills (US 13925)   Presentations Skills   Problem Solving & Decision Making   Project Management   Project Management   Project Management Fundamentals   Prospecting for Leads Like a Pro   Protecting Intellectual Property   Public Speaking: Presentation Survival School   Public Speaking: Speaking Under Pressure   Python   Risk Management   Search Engine Optimization   Selling Smarter   Sexual Harassment Awareness for Employees   Sexual Harassment Awareness for Supervisors   Skills for the Administrative Assistant   SQL (Database)   Stress Management   Survival Skills for the New Trainer   TCP/IP Networking   Team Building:Developing High Performance Teams   Team Leadership   Telemarketing - Using the Telephone as a Sales Tool   Telephone Etiquette   Telephone Skills for Call Centres   The ABCs of Supervising Others   The Minute-Taker's Workshop   The Practical Trainer   The Professional Supervisor   Time, Performance and People Management   Tough Topics: Talking to Employees about Personal Hygiene   Train the Trainer   Using Activities to Make Training Fun   Web Design Practicals   Web Developer   Webmaster   Windows 7   WordPress   Working Smarter:Using Technology to Your Advantage   Writer   Writing Reports and Proposals   XML