Skip to content

Intrapreneurship Programs
Certified Financial Specialist

Area 1: Evaluate Financial Statements

  • Importance of Accounting Concepts
  • 3 pillars of Finance Transformation
  • Capital Expenses and Income vs Revenue expenses and income
  • 4 analytical techniques
  • liquidity of current assets

Area 2: Understanding the cash flow statements

  • Components of cash flow statement
  • The purpose and layout of the cash flow statement
  • Changes in assets, liabilities, equity affecting the cash flow statement
  • How the sale of equipment affects the cash flow statement
  • How cash flow statement is different from profit
  • Analysing the cash flow statement

 

Area 3: Financial Ratio Analysis

  • Net debt, debt/equity, debt/capital
  • Working capital cycle – inventory days, receivable days, payable days
  • Ageing of accounts receivable
  • Balance sheet and income statement combined analysis
  • Efficiency of use resources Return on equity, return on capital, capital structure

Area 4: Cost Information for decision making

  • Cost concepts including marginal costing
  • Make or buy decision
  • Shut down or continue decision
  • Sell or process further decision
  • Cost audit analysis
  • Domestic versus export sales

Area 5: Inventory Management

  • Identify the goals and objectives of inventory management
  • Calculate safety stock, reorder points and order quantities
  • Evaluate inventory management systems
  • Assess relevance of the different components of the inventory cycle
  • ABC analysis of inventory items
  • Buffer stock or just in time inventory management

Area 6. Budget and Budgetary Control

  • Develop the appropriate techniques for effective budgeting as part of the planning process
  • Forecast sales, revenue and costs using qualitative and quantitative techniques
  • Develop and effectively control budgets
  • Provide budgeting knowledge that can be shared for the benefit of the organization
  • Budgetary control mechanism annd how it assists organization
  • Variance analysis

Area 7: Working Capital Management

  • Understanding of a company’s working capital structure
  • Managing working capital to increase profits
  • Enhance knowledge of working capital management policies
  • Construct the new normal cash conversion cycle
  • Linking working capital to the budgeting process and credit policy
  • Working capital analysis for forecasting

Area 8: Evaluation of Investment Projects

  • Importance of capital budgeting
  • Approaches to capital budgeting
  • Techniques of capital budgeting
  • Practical application of net present value and internal rate of return
  • features of capital budgeting decisions
  • Ranking the investment projects

Area 9: Entrepreneurship in Action

  • Characteristics and mind-set of entrepreneurs.
  • Entrepreneurial mindset.
  • Creativity and Innovation.
  • Idea Generation, Screening & Selection
  • Sources of entrepreneurial opportunities.
  • Negotiation process.
  • Dealing with difficult customers, reluctant suppliers, etc.