Those with little finance training, who need practical guidance to manage departmental costs/resources, budgets and efficiencies.
After successful completion of this programme you will be able to:
- Translate accounting jargon and formats into useful tools to manage efficiencies
and monitor departmental budgets & targets
- Analyse cash flow projections and evaluate performance
- Interpret data prepared by finance team; monitor that budgets and targets are met
and communicate clearly on financial matters that affect your area
Accounting terminology, concepts and principles:
- Cash Flow - what does it tell? Difference between profits & cash
- Profitability - when sales and costs are included; the Balance Sheet
- Budgets - definitions, examples, difficulties, budget setting, Cost types
- Month end reports - how to read, comparisons with budget, variance analysis
- Putting it all together - Organisation specific to make more informed decisions.
Persons with responsibility for collecting account payments from customers
After successful completion of this programme you will be able to:
- Explain the effect of good/bad debt collection systems on profitability and liquidity in the business
- Correctly set up a new debtor account so as to minimise risk of non-payment
- Identify causes and remedies for existing outstanding monies-how could the delay be prevented?
- Evaluate existing financial systems and identify improvements to aid the debt collection process
- Implement effective communication techniques for debt
1. Impact of the Credit Cycle on Cash flow and Profitability
2. Stages in the Credit Sale Cycle
3. Managing the Debtor Relationship
4. When Debtors still won't pay... Legal Issues
5. Effective Communication Skills
Middle and senior managers wishing to contribute to the formulation and
implementation of a strategic plan, aligned to the workplace and the market
Option of FETAC level-6 component accreditation (L32383).
After successful completion of this programme you will be able to:
- Carry out a situational analysis for an organisation
- Formulate and craft a strategic vision, mission, goals
- Prepare an implementation plan and evaluate performance
1. The Strategic Planning Process
2. Formulating a Vision, Mission and Goals
3. Crafting a Strategy
4. Implementation, Evaluation, Team work
5. Project work to produce a strategic plan for a specific context, showing analysis, planning, implementation and review of success
Persons seeking practical skills to operate effectively on a project team
Option of FETAC level-6 component accreditation (L32198).
At the end of this programme you will be able to:
- Establish a context for project management in an organisation
- Analyse and plan projects in an effective and consistent fashion
- Create, structure and organise projects using project-management tools
- Lead and facilitate teamwork in project management
1. The Change Context, Project Management Fundamentals
2. Risk and Quality Management
3. Change and Configuration Management
4. Managing People
5. Initial Planning for Projects
6. Project Monitoring and Control
7. Managing Contracts for Projects
8. Project work to implement the learning in a business context