In most organisations, financial management skills tend to be concentrated in a small core of financial management experts. Especially in small organizations and in the public sector, many employees are given responsibilities in financial management for which they have not been trained, be it budgeting, financial record keeping or financial reporting.
This course will address the basics of the financial cycle from budgeting, implementing and recording, through financial reporting. An in-depth look at the workings of bookkeeping, financial reporting, internal controlling, financial management of physical assets and stocks, as well as auditing will be covered.
Course Content:
- Financial cycle: budgeting, financial recording, monitoring and reporting
- Bookkeeping and accounting
- Financial management instruments and system
- Internal controlling and fraud prevention
- Auditing
- Financial management and physical assets
- Financial management and stocks