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This topic explores the vital role of the cash flow statement in determining your cash flow position and explains how to draw up and interpret your cash flow statement for meaningful financial insight. -
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This topic of the financial management course will help you understand how to use budgetary control. Through budgetary control, you will be able to lead your business out of financial trouble and end up successfully. -
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This topic of the financial management course on financial accounting principles will give you an overview of basic accounting practices. We explore the accounting cycle and how to apply the steps in your business. -
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This topic of the financial management course will help you understand the different types of business ownership. It also covers the unique characteristics and legal requirements for each. -
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This topic explains how the data from the financial statements of your business is processed through ratio analysis to analyse financial statements and use the information for more effective decision making. -
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This topic explores how to assess the financial health of your business with reference to the liquidity and leverage levels in your business by applying debt ratio analysis. -
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This topic of the financial management course explores some of the important concepts, legal requirements and processes of the basic tax system as per South African legislation -
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Financial management is one of the most important skills to ensure a successful business. As an entrepreneur you have to understand finances and apply it correctly. This course will help you to master the basics of financial management even if you have no background in finance. It will guide you step by step in easily understandable terms and strengthen your ability to run a profitable business. You will be able to read and understand your financial statements to make informed decisions. This financial management course will equip you to do just that, and more. You will be able to strengthen your financial position, understand how the economy affects your business and how to budget for financial success. Consider this quote by John Malinowski: ‘Understanding the finances of your business helps to ensure you can withstand downturns. It will allow you to take advantage of opportunities that arise, and it increases the business’s chances of long-term success.’
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This topic of the financial management course gives insight into how to effectively manage financial instruments and tools. This will help you to better handle the financial challenges and pressures that face an entrepreneur. -
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This topic explains how to assess the effectiveness of your business at converting revenue and resources into profit through the process of profitability ratio analysis. -
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This topic of the financial management course will give a clearer understanding of financial budgeting. If you budget effectively, your business will be boosted and become stronger and profitable. -
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This topic of the financial management course explores the balance sheet fixed assets in more detail. It explains how to enter fixed assets into the balance sheet after depreciation adjustments have been made.
