This course aims to enable learners to have an understanding of the preparation of numerical, graphical, and financial formats sufficient to provide useful information for management needs in monitoring, decision making, and problem-solving.
Know how to prepare business budgets
Understand budget deviations and variances
Know how a business may maintain liquidity
Prepare to cost information for business
Record stock movements in a business
Understand the principles of credit control
Understand how to use business performance indicators
Gain an internationally recognized qualification
Develop essential skills to enhance their position within the workplace
Be able to work more effectively with colleagues
Develop the ability to prepare and manage budgets effectively
Appreciate the need for liquidity and stick management
Improve the knowledge and qualifications of their staff
Managers (non-financial roles)
Team Leader
Accounts Assistant
Accounting Technician
Office Administrator
Clerical Assistant
Calculate increases and decreases in quantities and money value of materials
Calculate increases and decreases in hours, wage rates, and labor costs
Calculate increases and decreases in expenses
Calculate increases and decreases in amounts and money value of income
Make allowance for the timing of receipts and payments arising from credit transactions
Prepare sales, production, materials, labor, expenses, and cash budgets
Identify variances (deviation) between actual outcomes and budget information
Calculate variances (deviation) between actual and budget data
Identify fixed, variable, direct, and indirect costs
Extract data about income and expenditure from given information
Prepare estimates and job costs
Check estimates and job for accuracy
Identify how a business may maintain a level of liquidity following cash budgets and forecasts
Invest surplus funds
Investment risk
Obtain loans and obtain overdrafts
Interest rate risk
Recent events in the banking and financial markets
Apply stock valuation methods to record the movement in stock using First In, First Out (FIFO), Last In, First Out (LIFO), and Weighted Average Cost (AVCO) perpetual method.
Calculate cost information
Explain the benefits and risks of providing credit
Calculate credit prices and compare them with cash prices
Use an age analysis of debtors to determine the appropriate action in accordance with given policies and circumstances
Calculate average periods of credit given and bad and doubtful debts
Key performance indicators
Extract and organize information into an appropriate form from data provided in tables or graphical format
Calculate performance indicators measuring customer growth, satisfaction, quality of service, efficiency, effectiveness, and productivity.
Prepare information about financial and non-financial performance in graphical format - line graphs, bar charts, and pie charts
Compare performance indicators/trends over time and benchmark information against the comparative organization or collected industry-relevant data
Corporate social responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with their stakeholders. CSR has been considered an efficient marketing tool for gaining the competitive advantages a company needs in order to be on top in the context of the current hyper-competitive environment.
You will learn vital skills for managing and creating content in this course. To help you establish a social media presence, you'll learn how to craft compelling social media posts and how to develop a powerful brand. Additionally, you'll discover how to create an ongoing procedure for handling your content. A content calendar should be created, postings should be managed and moderated, data should be analyzed for insights and iteration, and post effectiveness should be increased.
Are you under pressure from an ever-growing task list, conflicting demands and constantly changing priorities? Productive working practices are valuable skills in today’s work environment. Competition is intense and companies need people who can organize their time effectively, collaborate with others to achieve goals, and who constantly strive to better meet customer and stakeholder needs.
This popular course will support you to develop practices and techniques to manage this pressure proactively, allowing you to meet deadlines and deliver against your objectives. You will also develop skills in working well with others to ensure success.
The 5-Day Mini MBA is a unique distillation of the skills that need to be acquired in order to be considered successful in modern business. Not everyone is able to devote a year or two of their time to studying for a Masters in Business Administration, but in an age of rapid change in a highly competitive environment, it is crucial to have a thorough understanding of the issues involved in the smooth and successful running of a business. The 5 Day Mini MBA Leadership & Management Masterclass is a highly intensive training course covering all the usual subjects associated with an MBA. In 5 days, a delegate will learn what normally takes a year of full-time study. The Mini MBA course is designed to provide delegates with comprehensive knowledge of fundamental, proven strategies taught as both an academic and practical exercise. As a result, the course will provide a comprehensive understanding of the skills and knowledge that will be required for any person to further develop their business knowledge and skills and even to prepare them for actual formal study for an MBA. The course is designed to be delivered either as an “In House” class for an organization’s directors and senior management or as a public class where delegates from a number of companies can learn both from the course and from one another and exchange ideas and best practice.
Large capital-intensive projects in the oil and gas industries require substantial - and mostly risky - investments in the acquisition, exploration, and subsequent operation and maintenance of new organizational assets.
The decision of whether or not to invest in new capital projects in the oil and gas industry starts with critical decisions during the exploration phase of new development or the expansion of an existing field. The decision-making tools used to analyze project risk under conditions of uncertainty will help companies to determine the probability of success or loss and will drive the decision to develop or abandon the well.
Crisis management is concerned with responding to, managing, and recovering from an unforeseen event. Risk management is concerned with identifying, assessing, and mitigating any activity or event that could cause harm to the business. Risks can be strategic or operational in nature. A business continuity plan (BCP) is a process that outlines the potential impact of disaster situations on business operations. It creates policies that respond to various situations to ensure a business is able to recover quickly after a crisis.