Credit Control & Debt Recovery

Duration: 3 days
Course description:
This intensive course provides a broad introduction to the area of credit control. It will enable participants to learn and understand the tools, techniques and process of effective credit control and cash collection. All aspects of a credit controller’s job will be covered and it will enable participants to get the complete picture so that they will not only improve their knowledge, but will also learn to see the linkages between all aspects of work.

Who would benefit:
Personnel working in credit control and debt recovery

The revenue cycle
Debtor’s accounts and cost of bad debt
An effective system of Credit Control and Debt Recovery
Aged debt analysis
Management of customer’s accounts
Effective negotiations
Ways and means of collecting the cash due

Business Planning & Budgeting

Duration: 3 days
Course description:
This course outlines the process for effective financial planning, including where to start, what types of budgets to prepare, and how to make budgeting a value-added activity. It will provide an understanding of the essentials of planning and how they affect perform- ance & evaluation.

Who would benefit:
Professionals from all disciplines

Business Planning
The function of planning
Budget information
Budgeting process
Restricted resources
Type of budgets
Constructing the budget
Financial statements

Time Value of Money & Capital Budgeting

Duration: 3 days
Course description:
All strategic managers are faced with critical financial decisions such as investing huge amounts of capital, disposing of assets or business seg- ments, and pricing decisions. Successful managers base their decisions on sophisticated capital budgeting methods employing time value of money techniques. Capital budgeting is the process employed by companies to evaluate the profitability or viability of their investment decisions.

Who would benefit:
All who make critical financial decisions

Value of money
Effective interest rate
Future value and compounding
Present value & discounting
Future & Present value of annuity
Effective annual rates and compounding
Total cash flows

Professional Cash Handling

Duration: 3 days
Course description:
Cash and bank related frauds form the chief threat to all businesses. In this course participants will learn how to manage cash in the most effective way while safeguarding against liquidity issues and frauds and how to manage bank accounts for optimum utilization. It will also cover the full cycle of cash management from receipt to entry in the system.

Who would benefit:
All personnel handling cash in a business

Managing firm bank accounts
Conditions for employment in a cash handling environment
Receiving cash
Treatment of bills and other cash equivalent receivables
Physical security
Preparing transfers and depositing to the bank
Recording to the general ledger
Returned check

Basic Accounting Concepts – Module I

Duration: 3 days
Course description:
No matter which department or section a person is from, it is absolutely essential to acquaint oneself with money matters and financial implications. This course is an eye opener which enables participants to learn and understand the accounting concepts in general and their application within business organizations.

Who would benefit:
Anyone in an organization especially those working in accounting functions

Accounting and the business environment
Understanding and applying the Accounting Equation
Concepts and conventions of assets, liabilities and capital
Role of journal and ledger
Preparing journal entries
Ledger posting and balancing

Basic Accounting Concepts – Module II

Duration: 3 days
Course description:
In continuation of the course Basic Accounting Concepts Module 1, this course enables participants to learn and understand the accounting principles and practice. It takes accounting to the next level. Once the basics are understood, its application becomes more important.

Who would benefit:
Anyone in an organization especially those working in accounting functions

Accruals and deferrals
Depreciation accounting
Disposal of fixed assets
Allowance for doubtful debts
Rectification of errors
Preparing adjustment entries
Adjustment schedule for closing the books
Final financial statements