Advanced Bookkeepers (Management Accounting & Cash Flow)

WHAT YOU WILL LEARN

By the end of this event the attendee should:  

• • Understand the importance of management accounting and cash flow in every business’ survival;
  • Know which management accounting techniques can be used effectively during a slump in the economy; 
  • Understand how to manage overheads;
  • Understand why it is important to prepare regular management accounting reports; and
  • Know how to prepare useful management accounting reports.

DESCRIPTION

There has never been more demanding need in recent memory for businesses to watch where every generated rand is going. The saying that says “Every cent counts” holds very true today. 

Businesses need to have solid procedures in place to watch and properly manage their cash flow because profitability does not necessarily equate to liquidity. Proper management accounting techniques also need to be applied consistently in order to give immediate feedback on the performance of the business and show where it is going. This webinar looks at how this can be achieved practically.

PRICE

The following pricing apply:

Ad hoc: R475 for this webinar
Subscription: Included for free in the Bookkeeper package.

Study unit 1

What is the difference between management accounting and financial accounting?  

Study unit 2

Management accounting explained.

Study unit 3

Costing and budgeting. 

Study unit 4

Practical budgeting techniques. 

Study unit 5

Cash flow forecasting

Study unit 6

Controlling costs

Study unit 7

Preparation of regular management accounting reports

REQUIREMENTS

There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date

PRESENTER

By attending this webinar, you will be provided with:
– Summarised slide presentation.
– Reference documents and / or course material where available.
– Access to a technical knowledge base.
– Recorded webinar that includes an expert presenter and participant interaction.