Financial insights for Non-financial directors_29 August 2019 Durban
Map this EventMap this Event Tell a Friend About This EventTell a Friend
 

 Export to Your Calendar 2019/08/29
When: 29 August 2019 Durban
Registration starts at 08h30 and course starts promptly at 09h00
Where: Map this event »
Mount Edgecombe Country club
Gate 2, Golf Course Drive
Mount Edgecombe, Kwazulu-Natal  4000
South Africa
Contact:


Online registration is closed.
« Go to Upcoming Event List  

Overview
This session is designed to assist directors that do have a financial background to a well-grounded understanding of the financial concepts that underpin the preparation and presentation of financial statements. The session specifically focuses on analysing and interpreting the financial information presented to directors, and the financial statements in particular, in order to assess the company’s financial position, performance and cash flow.

This session is Not designed for delegates with in-depth financial qualifications or experience.

King IV Report on Corporate Governance
  • Principle 5: The governing body should ensure that reports issued by the organisation enable stakeholders to make informed assessments of the organisation’s performance, and its short, medium and long-term prospects
Key focus areas
  • Your responsibility as a director with regard to the financial statements of an organisation.
  • The conceptual framework - 
    ü  Objectives
    ü  Assumptions
    ü  Characteristics
    ü  Elements of financial statement 
  • Understanding the various components of financial statements, namely the income statement, balance sheet, cash flow statement accounting policy and other notes.
  • The requirements of certain accounting standards that directors should be aware of.
  • Ratio analysis - is to relate the various components of the financial statements with each other.
  • Interpretation of financial ratios through a case study.

Programme facilitator

Ralph Patmore, CD(SA)®

Duration
One Full day: 09h00 - 16h00

Programme fees (Excludes VAT)

Fellow Member:                              R 3 541.25
Subscription Paying Member:         R 4 249.50
Non-subscription Paying Member:  R 5 311.88

Includes: Course Material, Refreshments & Lunch