Course fee: NGN50,000
Dates: TBA
Who should Attend?
By taking this training, you are taking an important first step to building a better financial future for your business. This workshop provides you with a unique opportunity to deepen your expertise of finance and accounting for better management and decision making capabilities.
Course Methodology
This workshop will be delivered using the following methods: Instructor-led sessions, group discussions or brainstorming exercises, case studies, videos, role play activities, and individual assignments. This training will be adaptable, interesting, and highly educative with discussions designed to encourage self-reflection.
Learning Outcomes
By the end of the course, participants will be able to:
- Gain better understanding of credit from the banks point of view
- Understand the types of records to keep for accounting purposes
- Manage their business cashflow successfully
- Manage the compliance process in their business.
Course Inclusions
- Comprehensive learning materials including exercise files
- Post course telephone support
- Certificate of Attendance on completion of course
- Tea & Lunch breaks
Course Content
Topics will be treated under 4 major headings
- Accessing Finance
The 5 C’s of Credit. Making your business bankable. Doing your research. Determining Your Requirements. Which loan is right for you. The loan Justification – Business Plan. Avoiding Problems with Loans
- Accounting for your small business
Record Keeping. Building Financial Statements. Interpreting your numbers. Accounting Tools and Software
- Cashflow Management
The Principles of Cashflow Forecasting. Avoiding Cashflow Problems. Cashflow Forecasts as a Business Tool. Cash Management in Action
- Compliance requirements for SMEs
What is Regulatory Compliance. Tax Compliance. Pension Contribution
