Finance competency 999

 for starters, beginners, entrepreneurs and directors

CORE COMPETENCY OF A BUSINESSMAN
Being zero based,  this two day course is suitable for non accountant.   It is essential for all managers in business regardless of which department he or she comes from.  This course is suitable for management planning, decision making and performance evaluation.

1. Start with the profitability business model - costs, volume, profit analysis.  Where revenue were generated with the right price and volume to match with the relevant costs to generate maximum profits.
2. Trading strategies were then discussed which would arrive at their working capital needs.  How much capital is kept in stocks, debtors or receivables and cash in hand for liquidity.  Some of this capital is however contributed by the suppliers with their supply credit terms.
3. Capital are tied in fixed assets such as office, production, plant and machinery, warehouse, marketing outlets, and transportation.  The strategy is to rent rather than to own these assets.  If needed be, purchases could be made through bank loans.  Priority should be given to working rather than fixed capital.
4. Based on the working and fixed capital above, the amount required to run the business could now be determined.  It is the combination of own equity and borrowed funds.  The balancing of these types of financing is called leveraging or gearing.
5. The capital inflows and outflows are and timed and fine tuned through cash flow projections which shows the borrowed capital and it's costs.
6. The key business elements are then simulated using the Du Pont Chart which shows right mix of key of business elements to achieve the set business goal as measured by ROE.
7. A set of proforma financial statements are then constructed to show the "planned performance and it's financial position in the relevant future.
8. The financial statements are then subjected to rigorous ratio analysis to determine it's reality, stability, efficiency and potentiality.

FINANCE FOR NON-FINANCE
	9.00-10.30	10.30-11.00	11.00-12.00	12.00-1.00	1.00-2.00	2.00-3.30	3.30-4.00	4.00-5.00
First day	Objective finance &  cost volume profit analysis		Working capital and trading strategies	Justifying Fixed Assets and bank loans		Equity and financial leverage		CASE Sources of funds
Second Day	Return on Equity and Chart Case Analysis		Cash Flow Projections	Constructing the financial Statements		Key Performance Ratios		Monitoring and setting Standards

Copyright:  Arriffin Mansor 012-2786282