Project Description

Understanding SME Financial Statements

Course Overview

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.

Target Group

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.

Unit Standards

This course is aligned with unit standard 117156 Interpret basic financial statements. This course is aligned with NQF level 4.

Course Content

  • Using financial reports

  • Reading financial statements

  • Assessing financial risk

  • Managing and monitoring cash flows

  • What constitutes balance sheets, income statements, cash flow

  • Cost considerations

  • The concept of contribution and marginal costing

  • Budgeting and corporate financial planning

  • Achieving profitability

  • Working with capital costs

  • Principles of valuation

Course Information

Duration :             3 Full-days

Total cost :              R 4 446-00 p.p. (VAT incl.)

Included :                Training Manual and Lunch

Certificate :            FET College Certification


Assessor Course

Basic Project Management

Supply Chain Management

Project Management Software

Understanding SME Financial Statements


Monday – Firday 8:00 – 17:00
Saturday Closed
Sunday Closed


    087 943 9439

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