Finance for Non-Financial Managers in Construction

Finance for Non-Financial Managers in Construction

ABOUT THE COURSE

Finance for Non-Financial Managers in Construction is a financial management workshop aimed at empowering business owners of emerging and small construction businesses in the South African construction industry. This 1-day workshop is aimed at small and emerging contractors without finance and accounting knowledge. These include business owners, construction professionals, and practitioners seeking to venture into the construction business or get ahead of their finances.

HOW WILL YOU BENEFIT?

The workshop will empower attendees and students with basic construction financial management subjects including high level intricacies of the balance sheet and income statement. The main benefit is helping entrepreneurs assess financial health of your business in order to make better decisions that will fuel improved strategic management and performance.  Attendees will also gain an understanding of the basics of capital management and how to effectively take the financial implications of their decisions into consideration.

HOW WILL YOUR ORGANISATION BENEFIT?

By having managers, directors and professionals who able to discuss financial matters effectively and confidently, make sound financial decisions and manage risk.

COURSE DURATION & COST

The workshop costs R1750 and runs for a day.

THE TOPICS COVERED?

Session 1Inventory & Cashflow Management  
Session 2Fixed Asset Investment – Finding a Healthy Balance  
Session 3Debts Arrangements
Session 4Sustainable Use of Business Funds  
Session 5Understanding Tax, VAT & Their Implications  
Session 6The Use of Professional Services  
Session 7Bookkeeping and Accounting  
Session 8  Financial Aspects of Contract Administration  
Session 9Budgeting for SMMEs  
Session 10  Advanced Topics in Financial Management  

For more information, please contact the Course Facilitator, Mr Thanduxolo Ngubane at Thanduxolo.Ngubane@cmfoundation.org.za or contact on 072 282 1785

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