On completion of this course, the learner will be able to:
1. Measure the elements of financial statements
2. Prepare financial statements and accounting records for business organizations
3. Analyze financial statements and interpret accounting information
4. Apply the selected International Financial Reporting Standards (IFRS)
5. Prepare consolidated financial statements of a simple group structure
6. Prepare accounting records for entities under receivership and. liquidation
- Enrolled students: There are no students enrolled in this course.
Course Description.
The main purpose of the seminar on Finance for Non-Finance Managers is to provide a frame work for financial knowledge to managers. Hence, irrespective of the primary area of work, managers need a basic grounding in finance and accounting while working on technology projects.
Target:
The seminar will be attended by Non-Finance technology and telecommunications managers from various tech firms, private, public telecom organizations and relevant stakeholders. The seminar is addressed to executives, managers, whose immediate problem is to fill the gaps in their financial knowledge, effectively and in a way which relates what they have learned in their day-to-day operations. This workshop is designed to give non-specialists a rapid appreciation of the fundamentals of finance and the impact of management decisions on the financial health of a technology business.
Course Objectives.
The seminar will help managers to:
i. Understand the financial and accounting reports used in telecommunications
ii. Appreciate the financial implications of their decisions
iii. Comprehend budgeting and forecasting for business
iv. Communicate meaningfully with colleagues in finance and accounting language
v. Introductions to taxation and auditing principles
Benefits and learning outcomes.
After the workshop, the participant should be able to:
i. Analyse and interpret financial statements
ii. Prepare financial reports and forecasting outcomes
iii. Estimate the cost of products and services
iv. Conduct Break-even analysis and the profitability of each product, services and project.
v. Develop and project budgets, i.e. revenues, expenditure and capital budgets.
vi. Measure the business performance vis a vis market competition.
vii. Access forecasting performance against actual data and make necessary corrective decisions
viii. Monitor debtors and creditors position.
- Enrolled students: There are no students enrolled in this course.
Description:
Financial management refers to the strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institute. It also includes applying management principles to the financial assets of an organization, while also playing an important part in fiscal management.
Course Objectives?
- Maintaining enough supply of funds for the organization;
- Ensuring shareholders of the organization to get good returns on their investment;
- Optimum and efficient utilization of funds;
- Creating real and safe investment opportunities to invest in.
Target Audience:
The primary audience include All Institutions and SMEs.
- Enrolled students: There are no students enrolled in this course.
Description.
The meaning of business taxation refers to the taxes that businesses must pay as a normal part of business operations. Whether you are a sole proprietor, partner, part of a limited liability company, or a corporation, your business is responsible for adhering to tax regulations. Each type of business will produce distinct tax consequences. Consider your business’ tax concerns along with its non-tax concerns, so that you’ll know which type of entity will help your business prosper and grow, or make it easier to pass on to heirs.
Types of Business Taxation?
There are five major kinds of business taxes. They are:
- Gross-receipts tax.
- Corporate franchise tax.
- Employment withholding tax.
- Excise tax.
- Value-added tax (VAT).
Target Audience:
The primary audience include All Institutions and SMEs.
- Enrolled students: There are no students enrolled in this course.
