About this Course
This course on managing and measuring financial performance is designed to provide a good understanding of the internal and external factors affecting organizations, cost accounting techniques, monitoring and analyzing financial information, and preparing performance reports. The course begins with an introduction to the purpose and structure of reporting systems, the role of functional specialists in cost reduction, and the organization's external environment and costs.
As the course progresses, participants learn to collate financial information from various sources, prepare routine cost reports, and apply cost accounting techniques to monitor financial performance. The course covered the types of cost centers, standard costing, variance analysis, and cost behavior.
Participants gain skills in monitoring and analyzing financial information, including comparing results over time, analyzing trends, calculating performance ratios and indicators, and interpreting results to identify improvements. The course also covers different measures and techniques for monitoring financial performance.
The course culminates with preparing effective performance reports for management, including exception reports and specific recommendations. Through engaging content, practical examples, and focused learning outcomes, this course empowers participants to apply their knowledge in real-world scenarios, making it an indispensable resource for anyone looking to excel in managing and measuring financial performance.
Learning Objectives
After successful completion of this course, you should be able to demonstrate the following competencies:
- Understand the internal and external factors affecting organizations
- Collate financial information from various sources
- Prepare routine cost reports and apply cost accounting techniques
- Monitor, analyze and interpret financial information
- Identify different measures and techniques for monitoring financial performance
- Prepare effective performance reports for management with recommendations
Course Delivery, Duration, and Effort
The course is delivered through the SA Accounting Academy online learning platform. It is divided into modules that are easily digestible. In this way you can maintain a work-life balance whilst studying and improving your professional skills.
Is this for you?
Individuals involved in financial management, cost accounting, and performance reporting who want to deepen their skills in managing and measuring financial performance will benefit from this course. Case studies and exercises are used to illustrate key learning points, allowing participants to apply the concepts to real-life scenarios.
Lecturer
Nadia Lourens CA(SA)
Nadia is a highly accomplished professional with a B.Acc Hons (CTA) degree, and completed her undergraduate degree in 2 years. Along with her academic standing, she also has 9 years of teaching and learning experience, and is currently a registered CA(SA). Nadia brings a wealth of knowledge to the field of financial education. Despite perceived gaps in experience and credentials compared to other lecturers, her unwavering passion for these subjects, coupled with her dedication to education, sets her apart. Nadia is committed to fostering an enriching learning environment, bridging theory with practical application, and empowering students. Join Nadia on a transformative educational journey, leveraging her deep understanding underlying principles unparalleled professional growth and success.
Prerequisites / Admission Requirements
Anyone can attend this course. Basic accounting and financial knowledge is recommended but not required.
Assessments
This course includes formative assessments to test your knowledge throughout the modules. Learners must achieve all competencies of the course.
Certification
On successful completion (i.e. competence in all modules) of this course the learners will be awarded:
- Confirmation of Completion Certificate from SA Accounting Academy.
Curriculum
Modules:
- Module 1: Understanding internal and external factors affecting organizations
- Module 2: Collating information from various sources
- Module 3: Preparing routine cost reports
- Module 4: Cost accounting techniques for monitoring financial performance
- Module 5: Monitoring and analyzing information
- Module 6: Interpreting results and planning an approach
- Module 7: Identifying different measures of financial performance
- Module 8: Techniques to measure and monitor financial performance
- Module 9: Preparing performance reports for management
For more information on what will be covered in the curriculum please download the prospectus.
About SA Accounting Academy
The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA), ICB and BANKSETA qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.
SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.
Course Fees
The course fee is R 6 160.00 and consists of:
Educational Resources
- Online Materials: Access a wealth of online resources, from e-books to webinars, enhancing your learning experience.
Learning Support
- Facilitation: Benefit from expert-led facilitation sessions that offer personalized guidance, addressing individual queries and ensuring a thorough understanding of the subject matter.
- Formative Assessments: Reinforce your understanding with assessments on different topics.
- Learner Forum: Engage in meaningful peer-to-peer interactions through our dedicated learner forum. Share insights, ask questions, and collaborate on projects to enhance your learning experience.
- Continuous Support: Our dedicated team is always on standby to assist with any academic or administrative queries, ensuring a smooth learning process.
Flexibility and Convenience
- Study Online: Complete your course and take your assessments online, giving you the freedom to learn from anywhere.
Payment Methods
Debit / Credit Card or Instant EFT
You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.
EFT / Bank Deposit
You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.
Your Company / Employer
It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.
Third Party
If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.
Payment Options
Option 1: Once off payment
- R 6 160.00
Option 2: Monthly Debit Order
- R 3 080.00 (First Payment on Approval)
- R 3 080.00 (Monthly Debit Order for 3 Months (*)
* The total cost for option 2: Monthly Debit Order including the First Payment on Approval will be R 6 160.00.
Corporate Training Solutions
At the SA Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.
Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.
Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.
Contact Us
Have any questions or need any assistance? Contact us today!
- Online chat through our website https://accountingacademy.co.za
- WhatsApp: Start chatting (+27635026114)
- Phone: 010 593 0466
- E-mail: [email protected]