Overview   

There has never been more demanding need in recent memory for businesses to watch where every generated rand is going. The saying that says "Every cent counts" holds very true today.  

Businesses need to have solid procedures in place to watch and properly manage their cash flow because profitability does not necessarily equate to liquidity. Proper management accounting techniques also need to be applied consistently in order to give immediate feedback on the performance of the business and show where it is going. This webinar looks at how this can be achieved practically. 

Join Thabo Malema on 27 May 2021 from 9:00 a.m. to 11:00 a.m. as he discusses advanced bookkeeping techniques with a focus on management accounting and cash flow management.   

Learning objectives  

By the end of this webinar the participant should: 

• Understand the importance of management accounting and cash flow in every business' survival; 

• Know which management accounting techniques can be used effectively during a slump in the economy;  

• Understand how to manage overheads; 

• Understand why it is important to prepare regular management accounting reports; and 

• Know how to prepare useful management accounting reports. 

Content 

The webinar will cover the following topics:  

• What is the difference between management accounting and financial accounting?  

• Management accounting explained.  

• Costing and budgeting. 

• Practical budgeting techniques. 

• Cash flow forecasting. 

• Controlling costs. 

• Preparation of regular management accounting reports. 

Obtaining your CPD certificate 

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

All attendees are issued with a CPD certificate available in an online profile. 

About the presenter 

Thabo Malema  

Thabo Malema is a director at Tax and Accounting Angel, an accounting firm based in Polokwane. An experienced entrepreneur, Thabo also holds directorship in various other companies.  

Thabo holds a National Diploma in Financial Accounting and is also a registered Tax Practitioner. Other business interests that he is involved in include real estate and life coaching. He is a registered realtor who sells both residential and commercial properties in Polokwane. Thabo believes that nothing in this world can limit his drive for success in any chosen field that he participates in.  

Who should attend? 

The following persons will benefit from attending this webinar: 

• Professional Accountants including: CA(SA), PA(SA) and BAP(SA); 

• Bookkeepers; and 

• Trainee Accountants. 

Price       

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.