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Finance for business survival (FIN)

Demonstrate an understanding of the basic financial statements to make financial analyses and prepare budget information. Apply skills to develop a business plan for a business unit and understand the role of a business strategy in managing a business unit or small business. Looking at key performance measures, cost considerations, risk management, and financial planning.

SAQA Unit Standards

11257     Analyse and report on client profitability. Level 4 Credits 6.

252435   Apply basic invoicing and accounting principles. Level 3 Credits 6.

117156   Interpret basic financial statements. Level 4 Credits 4.

Who You’ll Learn From
An industry and subject matter expert who’ll guide you through your course content, and answer any subject matter questions you might have.

Assessment required for competency.

  • Apply knowledge and understanding of forwarding, finance and marketing, in order to analyse and report on client profitability.
  • Explaining items of expenditure and revenue.
  • Explaining fixed and variable costs.
  • Performing invoicing operations and post amounts to the appropriate accounts.
  • Reconciling and identifying individual transactions with statements of accounts.
  • Identifying and disbursing the items on behalf of the organisation to be recovered in the invoicing process.
  • Analysing the basic elements of an income and expenditure statement.
  • Analysing the basic elements of a balance sheet.
  • Compiling a personal assets and liabilities statement.
  • Using the evidence in financial statements to make a financial decision.

Additional Info:
NQF Level: 4
Credits: 16

Learning Methodologies:
MethodCodeDur.Price *
BlendedFIN2 Day6,050.00

*All prices are excluding VAT.

for group pricing

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