This course aims to enable learners to have an understanding of the preparation of numerical, graphical, and financial formats sufficient to provide useful information for management needs in monitoring, decision making, and problem-solving.
Know how to prepare business budgets
Understand budget deviations and variances
Know how a business may maintain liquidity
Prepare to cost information for business
Record stock movements in a business
Understand the principles of credit control
Understand how to use business performance indicators
Gain an internationally recognized qualification
Develop essential skills to enhance their position within the workplace
Be able to work more effectively with colleagues
Develop the ability to prepare and manage budgets effectively
Appreciate the need for liquidity and stick management
Improve the knowledge and qualifications of their staff
Managers (non-financial roles)
Team Leader
Accounts Assistant
Accounting Technician
Office Administrator
Clerical Assistant
Calculate increases and decreases in quantities and money value of materials
Calculate increases and decreases in hours, wage rates, and labor costs
Calculate increases and decreases in expenses
Calculate increases and decreases in amounts and money value of income
Make allowance for the timing of receipts and payments arising from credit transactions
Prepare sales, production, materials, labor, expenses, and cash budgets
Identify variances (deviation) between actual outcomes and budget information
Calculate variances (deviation) between actual and budget data
Identify fixed, variable, direct, and indirect costs
Extract data about income and expenditure from given information
Prepare estimates and job costs
Check estimates and job for accuracy
Identify how a business may maintain a level of liquidity following cash budgets and forecasts
Invest surplus funds
Investment risk
Obtain loans and obtain overdrafts
Interest rate risk
Recent events in the banking and financial markets
Apply stock valuation methods to record the movement in stock using First In, First Out (FIFO), Last In, First Out (LIFO), and Weighted Average Cost (AVCO) perpetual method.
Calculate cost information
Explain the benefits and risks of providing credit
Calculate credit prices and compare them with cash prices
Use an age analysis of debtors to determine the appropriate action in accordance with given policies and circumstances
Calculate average periods of credit given and bad and doubtful debts
Key performance indicators
Extract and organize information into an appropriate form from data provided in tables or graphical format
Calculate performance indicators measuring customer growth, satisfaction, quality of service, efficiency, effectiveness, and productivity.
Prepare information about financial and non-financial performance in graphical format - line graphs, bar charts, and pie charts
Compare performance indicators/trends over time and benchmark information against the comparative organization or collected industry-relevant data
Social media marketing is one of the most important digital marketing channels. Social media marketing uses social media platforms to create awareness about the product. Digital Marketing uses online and offline channels to promote products to the customer.
We all operate in an increasingly complex commercial and professional environment that requires us to negotiate on a daily basis not only with customers, clients, suppliers and contractors but also with managers, fellow employees, and colleagues within our own organization.
The key to any successful operation lies in the effective management of risks; the ability to seize opportunities, minimize threats, and optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Operations Risk Management and Mitigation training course, you’ll work through the proactive approach to both sides of risk: threats and opportunities. The approach applies a proven six-step methodology of risk planning through identification, analysis, and control.
Maintaining a high level of productivity in today's successful businesses takes work and continuous learning in a variety of management skills and techniques. To be successful in daily work tasks, knowledge, and skills in management techniques must be learned, practiced, and implemented. People in all types of organizations find themselves needing to find more productive methods of planning work and tasks, setting appropriate goals, using good interpersonal skills, and using effective means of making decisions. A focus on using productive practices allows for effective and efficient management of work and making changes in the organization.
The ASME Plant Inspector Level 1 training course provides the fundamental principles of the inspection, assessment, and management of fixed pressure equipment. The content of the course is delivered in a systematic manner, from the inspection planning process to inspection practices and evaluation of the associated equipment. It is aimed at the upstream and downstream Petrochemical industry but is equally relevant to stakeholders from other sectors that utilize pressure equipment.
This intensive course covers the in-service inspection methodologies and requirements for piping, pressure vessels, and above ground storage tanks.