A Business and Life Coach, Chartered Accountant, Management Consultant and Teacher. Russell has Commercial, Coaching and Training experience across a wide range of industries including banking, law, insurance, industrial, automotive and marketing. He has travelled widely in the United Kingdom, Europe, the Middle East and Africa. He is passionate about releasing untapped potential in people and organizations.
Russell describes himself as a Corporate General Practitioner. He coaches unhealthy businesses back to wellness and prosperity. His roles are diverse and include the following:
Isolate and remedy toxic corporate culture
Facilitate coaching and leadership training programmes
Restructure departments in line with business strategy
Identify and resolve bottlenecks
Optimization of cash flow
Resolve backlogs in management reporting
Prepare annual financial statements and budgets
Compile staff role profiles and job descriptions
Coaching to maintain a healthy, flourishing business.
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
Leading Training is focusing on providing virtual training
courses for the foreseeable future and will only consider
in-person and classroom training on request, with a required
minimum group size of four delegates. We remain committed to
offering training that is fast, focused and effective.
Save up to 10% by booking and paying
10 business days before the course.
Information may change without notice.
Team leaders, supervisors and managers who are responsible for budgeting for their departments
Having completed the Accounting Skills for New Supervisor's Course or have equivalent knowledge and experience
Course Outline / Curriculum
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.
This fun exercise will help you review some key concepts and ideas with participants.
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.
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.
Parts of a Budget
Any good plan should have four parts. This session will teach participants what they are.
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.
Budgeting Tips and Tricks
To begin Day Two, participants will look at some dos and don'ts of budgeting.
Monitoring and Managing Budgets
In this session, participants will explore how budgets can be managed and monitored.
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.
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.
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.
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.
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.
At the end of the day, students will have an opportunity to ask questions and fill out an action plan.
Schedule Dates and Booking
There are currently no scheduled dates.
Please note that this course needs a minimum of 6 delegates to schedule
a course. You can choose to be added to the waiting list by clicking the
button below and we will contact you when we have enough delegates
interested. Should we not get enough delegates, we will refund or credit
your paid booking.
Should you need this course urgently, the following options are
Pay for 6 delegates (whether you have them or not) and we will
schedule the course as soon as possible.
If you have fewer delegates and cannot pay for 6, we can negotiate
a shortened course where some of the time will be spent in blended
learning - watching videos and doing tutorials and exercises with
some contact time with the trainer. We would want to discuss what
your core needs are so that we cover those aspects. You need to have
paid for 3 delegates at least.
For clients who want to enjoy the convenience of public transport,
consider the Gautrain.
Take the Gautrain to the Malboro station.
Purchace a R15 ticket for the Woodlands Office Park Shuttle Service.
The shuttle will come directly down Western Service road.
Ask to be dropped at the entrace to Western Woods Office Park.
For more information you can download
the official Gautrain brochure.