Overview
Trading Economics reports that in the month of May 2019 alone, 216 companies in South Africa went bankrupt. On average it is reported that 231 companies have been going bankrupt monthly since 1980.
There are proven techniques available that can check the health of a business so that bankruptcy can be prevented. These techniques highlight red flags that show when a business is about to get into financial trouble. It is one of your many important responsibilities to report on how your business or your client's business is performing financially and point out any impending financial health risks.
Join Dr John W.Hendrikse in this webinar where he will give you valuable pointers to checking a business entity's solvency and liquidity in order to prevent bankruptcy.
Learning objectives
By the end of this event the participant should:
Know what liquidity risk is.
Understand how to measure liquidity risk.
Understand competent cash management.
Understand working capital management.
Understand how to provide useful feedback on an entity's solvency.
Content
The webinar will cover the following topics:
What is liquidity?
Measuring liquidity risk;
Cash flow and cash flow management;
What is working capital?
Working capital management; and
Reporting on solvency and liquidity.
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
Dr John W. Hendrikse is the author of the Corporate Governance Handbook (JUTA & Co) and author of the Valuation Handbook: Busines, Brand, Company and Commercial Property Valuations (Genesis Publishers)
John is an international trainer and presenter on a range of strategic Executive Training Solutions, focusing on topics such as: Business and Equity Valuations, Due Diligence Audits and Internal Audits, Enterprise Risk Management, Turnaround Strategies and Business Rescue, Performance Management, Corporate Governance Best Practices and Directors' Duties including the New Companies Act and King IV™ on Corporate Governance applications. John has also developed a Combined Assurance Model and Business Rescue Plan for financially distressed companies.
Who should attend
The following persons will benefit from attending this webinar:
Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA);
Bookkeepers in practice.
Accounting Officers.
Accounting department staff.
Price
R475.00 - Online admission - Individual.
R 950.00 - Online admission - Company.
Steps to register for the event:
If you already have a profile, then login and register for the event.
If you don't have a profile, create a free profile, then login and register for the event.
Click here to create a free profile.
Click here to find out more about the benefits of being a CPD subscriber.
Additional material
By attending this webinar you will be provided with:
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 me the presenter after the webinar