BUSINESS  ADMINISTRATION  AND  MANAGEMENT  CONSULTANCY   PTY (LTD)

FINANCIAL MANAGEMENT SERVICES BAM Consultancy brings to you the most affordable customised financial solutions for your particular business.  Our experienced consultants are here to help you realise your financial requirements within a remarkable period of time, at very reasonable costs.

COMPETENCE AREAS PASTEL  -  ACCPAC  -  NAVISION                            ACL   -    MICROSOFT    -   DONOR FUNDED PROJECT SOLUTIONS

We mind your own business...

SEE LEARNING OUTCOMES SEE COURSE OUTLINE REGISTER NOW! DURATION : 3 FULL DAYS (9.00am 4.00pm) COURSE FEE : CURRENT INTRODUCTORY SPECIAL OF ONLY 2,995.00 PER DELEGATE MINIMUM OF 5 DELEGATES ARE REQUIRED PER COURSE BONUS!!! : Computerized Accounting Overview Every participant who successfully completes a course will be awarded a certificate from BAM Consultancy.   Register NOW. Closing date is the 23rd January 2007.

THREE DAY COURSE FINANCE FOR NON-FINANCIAL MANAGERS COURSE SYNOPSIS Do you wish you could feel confident and fully understand financial matters and how they relate to business? Have you ever wanted to improve the profitability of your business? Do you feel confused by your finance team? Do you want to identify which of your actions produce the greatest return? Do you wish you could take the fear out of finance? Do you need to create or manage a budget but don't know where to start? Do you wish you had a way to determine why some of your processes are underperforming? Would you like to challenge finance on the numbers on your P&L? Do you feel out of your depth when it comes to financial reports?   IF YOU HAVE ANSWERED YES TO ANY OF THE ABOVE QUESTIONS THEN THIS COURSE IS FOR YOU  OBJECTIVES  Financial management is a vital part of managing operations; but we do not have to be financial experts or qualified accountants to understand and use financial management tools. Financial management is based on common sense ideas; indeed, it can even be enjoyable and rewarding. This workshop aims to raise the level of financial awareness of the participants and enable them to use the financial information provided to them to make better short-term or long-term decisions in managing their business. It provides delegates with a basic understanding of financial management. The objective of the course is to take you through the basic principles and techniques of organizational finance. It demonstrates how to read and understand key elements of financial statements and reports, such as Balance Sheets, Income statements and Cash Flow statements. In addition, it clarifies how and why financial decisions impact operational objectives, and enables delegates to better perform in business goals  WHO SHOULD ATTEND Business Entrepreneurs, Managers, board members, analysts, non-financial group leaders, consultants, department heads, project leaders, accountants, auditors,  and others from both the public and private sectors who seek a broad, yet comprehensive understanding of managerial financial tools and analytical methods used by successful operating managers to make better business decisions.  PRE-REQUISITES  Prior knowledge of accounting or finance is not required to benefit significantly from this workshop.   AFTER COMPLETING THIS COURSE YOU SHOULD BE ABLE TO Define key accounting concepts and keep accounts Design and monitor budgets Put in place internal control mechanisms Work more effectively and efficiently with donors and finance staff Use financial management to create strategies Recognize, understand and analyze financial statements (balance sheet, income statement, notes to financial statements) Identify a cash flow statement and how to use it Recognize the purpose and characteristics of Generally Accepted Accounting Principles (GAAP) Identify the importance and characteristics of an audit and that of its primary documentation Define double entry bookkeeping concepts in relation to the accounting equation Assess the financial performance and health of your firm Enhance your decision-making skills by integrating financial management concepts into your thinking Understand the budgeting process and forecasting techniques Communicate effectively with financial specialists   REGISTER NOW!!! COURSE OUTLINE  Day One Introduction    What is financial management? Introduction to key accounting concepts Introduction to Financial Accounting and Financial Management Accounting Conventions and Generally Accepted Accounting Principles The Accounting Equation Accounting Process – Double Entry System, Journals used for Recording Financial Events, Recording, Classifying and Controlling Business Transactions   •  Introduction to Financial Statements ( Who are the users of them? What do they see?) •  Understanding Financial Statements Balance sheet Income statement Statement of cash flows Notes to financial statement   Day Two   Analysing Financial Statements to Evaluate Performance using Ratios Analysis of business profitability The time value of money and capital budgeting Risk and return calculations Detecting Financial Distress (Warning Signals) Earnings Management ( How Accountants Can Mis-state Profits) Working Capital Management Cash Operating Cycle (Improving Cash Flow) Time Value of Money and Discount rates Capital Structure and Value of firm Capital Budgeting Cost of Capital   Day Three   Shares and Debentures Business Valuation Risk Management Audit Process Internal Audit External Audit Budgeting Objectives, Elements, and Preparation Annual Budgeting Cash Budgeting Budgetary Control Taxation Summary of Total Process   BONUS!!! : Computerized Accounting Overview