12 Months Accredited Training
Unit Standard: 48736, NQF Level 4 with 120 Credits
Dates: Available on Request
Locations: Johannesburg, South Africa
Platform: Available In-Class / Online
Price: Available on Request
Course Introduction
The Certificate in Small Business Financial Management is specifically designed for those learners who are already, or those who wish to become, owner-managers or those who are responsible for the keeping of the financial records, of a small business.
This Qualification could be regarded as the first step in a learning pathway in financial management and accounting, which would end with Accounting and/or Financial Management Qualifications at NQF level 8. The Qualification will be of value to the learner who wishes to study further in the field of Business Planning/Development or Accounting. The knowledge and skills in the National Certificate in Small Business Financial Management: Level 4 underpin the learning at higher levels with a thorough grounding in the fundamental knowledge, understanding and skills associated with the record-keeping and financial management required for operating a small business.
Entry Requirements:
Communication and Mathematical Literacy at NQF Level 3.
Course Objectives
Record business transactions, produce quotations and invoices and prepare reconciliation statements as per organisational requirements and recognised bookkeeping practice.
Calculate Value Added Tax and prepare returns as required by legislation.
Calculate gross pay, statutory deductions and prepare IRP 5s as required by legislation.
Prepare and interpret final accounts as per organisational requirements.
Calculate the cost of a product and distinguish between fixed and variable costs, carry out break-even analysis and calculate the selling price of a product.
Calculate working capital for an organisation.
Prepare a business plan and a budget for a small business.
Communicate effectively in the workplace.
Who should attend?
Those who are new to financial management and who wish to acquire the essential skills and knowledge required to perform the key financial tasks involved in operating a small business.
Those who are already employed in record-keeping, financial management or allied roles in a small business and who wish to ensure that they have a firm foundation to perform financial management tasks.
Those who have performed financial management and financial record-keeping for a long time but who have no formal Qualification which acknowledges their knowledge, skills and expertise.
Those who were denied access to formal education and who wish to gain a Qualification in financial management related to small businesses.
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.