Understanding SME Financial Statements Corpro
Understanding SME Financial Statements
This course will cover the fundamental concept of financial business management within a SME business such as the financial function and financial management that a business owner or manager needs to understand. Overview of setting up a business plan, covering business capital, investment decisions and long-term investment decisions for your business/company.
This course is intended for the individual that has his or her own business or would like to start their own business that need accounting knowledge and understand a business’s financial situation. Individuals within a managerial position that need to have a financial understanding of their organisation could also benefit from this course.
This course is aligned with unit standard 117156 Interpret basic financial statements. This course is aligned with NQF level 4.
Using financial reports
Reading financial statements
Assessing financial risk
Managing and monitoring cash flows
What constitutes balance sheets, income statements, cash flow