bisnis internet

Dear Reader,

Through this highly successful program, managers with little or no financial training or experience can learn to use the language, tools, and techniques of accounting and finance.

Complex principles are presented in practical, understandable terms in a friendly, supportive environment.

You will return to your organization with the confidence to analyse financial information and participate fully in making business decisions.

 

Venue: The Kenya School of Monetary Studies, Nairobi Kenya  

Date: 24^th-26^th October 2018

Course Fee: Ksh.58,200/- inclusive of 3 days attendance, 5-course meals, seminar kit and taxes

Pay Scheme: Package of 3 Delegates get 1 Free Slot

 

How You Will Benefit

• Get a firm grasp of the numbers side of your job
• Gain greater confidence with a working knowledge of business financials
• Learn how to "think finance" and translate performance into financial terms
• Cultivate proactive working relationships with finance professionals and enhance your value to the organization
• Gain an understanding of the business dynamics of dollars and cents and how to take initiatives that meet your short- and long-term goals
• Take the guesswork out of your decision making and deliver a better bottom line
• Expand your professional expertise-and your career opportunities

What You'll Learn

• Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio, and others
• The accounting process: journals and ledgers and how debits and credits work
• Basic accounting principles
• Apply accounting conventions and guidelines
• Develop working rules regarding your corporate financial statements
• Use the balance sheet to examine assets and liabilities
• Analyze the income statement to assess revenues and expenses
• The statement of cash flow: sources and uses of funds
• Content and format of the annual report
• Debt vs. equity financing
• How leverage can increase return to shareholders
• Keep your plan on target with budgetary controls
• Use profit-planning tools, break-even analysis, and financial forecasting
• Cash flow: where cash comes from and how it's applied
• Elements of cost accounting
• Analyze payback method, discounted cash flow, present value, and present value index in making profitable capital investment decisions
• Criteria for examining the performance of divisions and product lines
• Cost of capital

 

Key Themes covered over the duration of the program include:
DAY ONE

Financial Literacy

• Defining accounting and finance terms

• Following the complete accounting cycle, from recording transactions to reporting results

• Interpreting the balance sheet, income statement and cash flow statements

 

Analyzing Financial Statements

• Reading annual reports

• Learning Generally Accepted Accounting Principles (GAAP)

• Identifying key limitations of financial reporting

 

Pricing and Costing

• Understanding the rationale and pitfalls of cost allocations and cost-plus pricing

• Using activity-based costing, activity-based Management and target-costing

• Applying the cost-volume-profit model to business decisions

• Identifying and managing structural cost drivers and life cycle costs

• Evaluating the contracting-out option

 

DAY TWO

Strategic Control Systems

• Defining and using performance metrics and the balanced scorecard

• Applying the principles of open book management

• Understanding budget preparation and interpreting results of financial reporting

 

Maximizing Value

• Using multi-attribute, accounting and financial models to analyze investment decisions

• Understanding risk, inflation and opportunity and weighted average cost of capital

• Calculating and interpreting net present value and internal rate of return

• Applying sensitivity analysis

 

Day THREE

Managing Financial Risk

• Grasping the role of finance and finance staff in an organization

• Evaluating and managing financial risk

• Using the capital asset pricing model and beta to assess cost of equity

• Acquiring the fundamentals of financial derivatives such as options, swaps and futures

 

Understanding Key Ratios

• Understanding and calculating financial ratios

• Learning about financial and operating leverage

• Appreciating the role of the auditor

 

Linking Strategy and Finance

• Employing strategic evaluation tools

• Determining limitations to financial analysis

• Connecting financial information to other strategic measures

 

Case Analysis

• Financial and strategic evaluation

• Discussion of alternatives

• Recommendations and presentation

 

A take-away workbook is yours to keep!
Like this program, a delegate workbook has been soundly researched by a team of specialized curriculum developers. The information is timely, relevant and designed for long-term results. After the program, it will be a valuable desktop reference to help implement the new skills back at the office.

Who Should Attend
Nonfinancial managers in every functional area of responsibility in all industries.
Please bring a calculator and a copy of your annual report (if available).
This program is designed for managers at all levels, including those in technical and non-financial areas seeking to make better business decisions by understanding financial information and its implications.
This diversity is one of the program’s strengths: it addresses the needs and builds on the experiences of participants from all types of companies, not-for-profit organizations and government services.

Program in Detail
The seminar leaders use a mix of lecture sessions, group exercises and class discussions to create an effective environment for learning financial tools and concepts.
This seminar is filled with many examples and illustrations to use as reference point afterwards.

A check-in desk on the venue will be open from 8:00 a.m. and the seminar will run from 8:30 a.m. to 5:00 p.m. each day.

 

Your Investment will cater for; Presentation, Facilitators fees, A Take Away Workbook, All Training Materials (videos & manuals), Certificate of participation, Sumptuous Meals, Photography & Refreshments.

 

 

Sponsor Background
Delight Africa is one of East Africa’s most respected providers of professional seminars with a reputation for high-quality, convenient and practical business-skills training in every industry and sector.

As we continue to grow, expand, and change to meet client and market needs, we always remember that every individual customer matters and that collectively, they are our most valuable assets. That’s why our goal is the same today as it was 7 years ago – to provide the best choice in business skills training with maximum convenience to help you – our customer – achieve success!

 

 

Limited slots are available for this Event, Book Early.

For more information on participation, contact Catherine.

 

Profound Respects,

Catherine Wanja,

Delight Africa Ltd,

Dev Towers - 4th Floor, Suite 4A

Biashara Street, CBD Nairobi

P.O. Box 12269 - 00100, Nairobi Kenya

Land line: +254 722 533 771 (or) +254 700 221 221

Fax : 020 222 54 39

WhatsApp : +254 729 236 920
*‘**Promoting Professionalism in Corporate Training**’*

NITA Approved Trainers - No. TRN/1383

 

In today's business world, where every manager is held accountable for the bottom line, you have to be finance savvy.
Kindly feel free forwarding to your colleagues and friends.

Note: This email is only for our potential clients. If you have accidentally received this, please accept our deepest apologies.
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If this e-mail is unsolicited, please accept our apologies.

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Posted by bisnis internet at 5:48 AM | Permalink | Comments

Greetings,

Bad debt, the opposite of profit, unfortunately, is part of doing business.
Debt needs to be managed to a minimum to ensure the company stays on the right track of profitability.

Without added investment, improving collection adds substantially to the bottom line.
Effective managers now view the credit and collection function as an overlooked profit maker.
Being able to extend the right amount of credit to the right accounts can expand sales and profits at almost no expense. That is why neglecting to manage credit and collection is like sabotaging your own business.

For companies, a well-trained employee means optimal resource utilization, increased cash conversion, reduced credit risk and excellent return on investment.

This practical 2-day training course will show you how to improve your organization’s processes to increase the efficiency of credit collection. We look at how to best deal with customer excuses and manage disputed accounts correctly, and how to successfully negotiate repayment arrangements. With an abundance of practical and engaging collection and negotiation scenarios this program is designed to tutor new collectors and at the same time stands as a refresher for the more experienced ones.

Seminar: The Credit Management, Debt Collection And Accounts Receivables Seminar

Venue:     The Sarova Whitesands Beach Resort & Spa, Mombasa, Kenya.

Date:        4^th-5^th October, 2018
Course Fee: Ksh. 38,200 inclusive of 2 days attendance, buffet meals, teas, seminar kit and taxes.
NITA: Participating organizations can claim reimbursement of fee paid in accordance with NITA Rules.
Pay Scheme: Organizations sponsoring 3 participants get the 4th to attend free.

 

COURSE OUTLINE

How Accounts Receivable adds value to your organization
•    The role and purpose of credit in business
•    Defining the three stages of credit
•    The role of accounts receivable and debt collection in the supply chain
Practical Exercise: KPIs for a successful accounts receivable team

Critical elements of a successful credit policy
•    Developing an effective credit policy framework
•    Creating credit policies that work with your sales teams
•    Designing a good credit application and critical terms to include
•    Managing the risk of default
•    Practical Exercise: Debt escalation procedures

Assessing a customer’s creditworthiness: Your checklist
•    Understanding the types of information available about your customers
•    Analyzing both financial and non-financial information
•    Trade references and third party reports
•    How to analyze the balance sheets of key customers
•    Field sales reports and customer visits
•    Practical Exercise: Detecting early warning signs and acting upon them

Customer communication and disputed accounts
•    Customer profiling: What is your customer's mindset? Why do they not pay on time?
•    Dealing with difficult customers
•    Managing disputed accounts correctly
•    How to negotiate with customers
•    Practical Exercise: to improve the success of your debt collection

Improving performance, efficiency, and accuracy in your processes
•    Maximising staff productivity and collections
•    Increasing the efficiency of your credit collection
•    How to set up efficient and user-friendly filing and records systems
•    Minimising fraud in accounts receivable
•    Practical Exercise: Establishing key performance measures for credit management

Examining how and when to take legal action
•    Important factors to consider before taking court action
•    Using the Disputes Tribunal
•    Court proceedings: Information capsules, interlocutory steps, timeframes and documentation
•   Practical Exercise: Enforcement options: What is the best way to get paid?

Introduction to Insolvency for Credit Managers
•    What happens if a customer goes into liquidation or bankrupt?
•    Preferential payments: Where are you in the queue?
•    Practical Exercise: Working with liquidators and receivers

WHO SHOULD ATTEND
This is a very important Seminar for all personnel who act as

·        Credit Controllers, Managers & Supervisors

·        Accounts Receivable Officers, Supervisors & Clerks

·        Anyone with accounts receivable and credit collection responsibility

·        Debt Managers

·        Accounting Officers

·        Financial Administrators

·        Office Managers

·        Customer Care Department

·        Staff Members Willing To Refresh Their Credit Management Skills

 

METHODOLOGY

• Interactive input & presentation
• Case Studies 
• Discussions, Q&A (Question and Answer)

A better understanding of the credit assessment policy and its control mechanism, which covers credit evaluation and credit limit review, would lay down a strong foundation to manage your company’s risks to minimize bad debts.

CERTIFICATE

Upon successful completion of this program, participants will receive a Certificate of Achievement. 

TESTIMONIES

“I learnt how to engage better with customers. Overall, it is an excellent training.”Credit Control Officer, Michael Muciri
“I got to learn what I needed which is the strategies and effectiveness of debt collection.” –Manager, Janet Moraa
“After the course, I now see the importance of credit control to a company. I learned about strategies of collection through this training and all areas covered were great.”– Accountant, Cedric Angwenyi

Limited slots are available for this Event, Book Early.

For more information on participation, contact Catherine.

 

Profound Respects,

Catherine Wanja,

Delight Africa Ltd,

Dev Towers - 4th Floor, Suite 4A

Biashara Street, CBD Nairobi

P.O. Box 12269 - 00100, Nairobi Kenya

Land line: +254 722 533 771 (or) +254 700 221 221

Fax : 020 222 54 39

WhatsApp : +254 729 236 920
*‘**Promoting Professionalism in Corporate Training**’*

NITA Approved Trainers - No. TRN/1383

 

Note: This email is only for our potential clients. If you have accidentally received this, please accept our deepest apologies.
To choose not to receive future emails from us, simply reply with the subject header "Unsubscribe". 
If this e-mail is unsolicited, please accept our apologies.

Read more...!

Posted by bisnis internet at 12:34 PM | Permalink | Comments

Greetings,

Bad debt, the opposite of profit, unfortunately, is part of doing business.
Debt needs to be managed to a minimum to ensure the company stays on the right track of profitability.

Without added investment, improving collection adds substantially to the bottom line.
Effective managers now view the credit and collection function as an overlooked profit maker.
Being able to extend the right amount of credit to the right accounts can expand sales and profits at almost no expense. That is why neglecting to manage credit and collection is like sabotaging your own business.

For companies, a well-trained employee means optimal resource utilization, increased cash conversion, reduced credit risk and excellent return on investment.

We therefore invite you to our Seminar on CREDIT MANAGEMENT, DEBT COLLECTION AND ACCOUNTS RECEIVABLES that will be held on 4^th-5^th OCTOBER, 2018 AT THE SAROVA WHITESANDS BEACH RESORT & SPA, MOMBASA, KENYA.

This practical 2-day training course will show you how to improve your organization’s processes to increase the efficiency of credit collection. We look at how to best deal with customer excuses and manage disputed accounts correctly, and how to successfully negotiate repayment arrangements. With an abundance of practical and engaging collection and negotiation scenarios this program is designed to tutor new collectors and at the same time stands as a refresher for the more experienced ones.

Venue: The Sarova Whitesands Beach Resort & Spa, Mombasa, Kenya.

Date:    4^th-5^th October, 2018
Course Fee: Ksh. 38,200 inclusive of 2 days attendance, buffet meals, teas, seminar kit and taxes.
NITA: Participating organizations can claim reimbursement of fee paid in accordance with NITA Rules.
Pay Scheme: Organizations sponsoring 3 participants get the 4th to attend free.

 

COURSE OUTLINE

How Accounts Receivable adds value to your organization
•    The role and purpose of credit in business
•    Defining the three stages of credit
•    The role of accounts receivable and debt collection in the supply chain
Practical Exercise: KPIs for a successful accounts receivable team

Critical elements of a successful credit policy
•    Developing an effective credit policy framework
•    Creating credit policies that work with your sales teams
•    Designing a good credit application and critical terms to include
•    Managing the risk of default
•    Practical Exercise: Debt escalation procedures

Assessing a customer’s creditworthiness: Your checklist
•    Understanding the types of information available about your customers
•    Analyzing both financial and non-financial information
•    Trade references and third party reports
•    How to analyze the balance sheets of key customers
•    Field sales reports and customer visits
•    Practical Exercise: Detecting early warning signs and acting upon them

Customer communication and disputed accounts
•    Customer profiling: What is your customer's mindset? Why do they not pay on time?
•    Dealing with difficult customers
•    Managing disputed accounts correctly
•    How to negotiate with customers
•    Practical Exercise: to improve the success of your debt collection

Improving performance, efficiency, and accuracy in your processes
•    Maximising staff productivity and collections
•    Increasing the efficiency of your credit collection
•    How to set up efficient and user-friendly filing and records systems
•    Minimising fraud in accounts receivable
•    Practical Exercise: Establishing key performance measures for credit management

Examining how and when to take legal action
•    Important factors to consider before taking court action
•    Using the Disputes Tribunal
•    Court proceedings: Information capsules, interlocutory steps, timeframes and documentation
•   Practical Exercise: Enforcement options: What is the best way to get paid?

Introduction to Insolvency for Credit Managers
•    What happens if a customer goes into liquidation or bankrupt?
•    Preferential payments: Where are you in the queue?
•    Practical Exercise: Working with liquidators and receivers

WHO SHOULD ATTEND
This is a very important Seminar for all personnel who act as

·        Credit Controllers, Managers & Supervisors

·        Accounts Receivable Officers, Supervisors & Clerks

·        Anyone with accounts receivable and credit collection responsibility

·        Debt Managers

·        Accounting Officers

·        Financial Administrators

·        Office Managers

·        Customer Care Department

·        Staff Members Willing To Refresh Their Credit Management Skills

 

METHODOLOGY

• Interactive input & presentation
• Case Studies 
• Discussions, Q&A (Question and Answer)

A better understanding of the credit assessment policy and its control mechanism, which covers credit evaluation and credit limit review, would lay down a strong foundation to manage your company’s risks to minimize bad debts.

CERTIFICATE

Upon successful completion of this program, participants will receive a Certificate of Achievement. 

TESTIMONIES

“I learnt how to engage better with customers. Overall, it is an excellent training.”Credit Control Officer, Michael Muciri
“I got to learn what I needed which is the strategies and effectiveness of debt collection.” –Manager, Janet Moraa
“After the course, I now see the importance of credit control to a company. I learned about strategies of collection through this training and all areas covered were great.”– Accountant, Cedric Angwenyi

Limited slots are available for this Event, Book Early.

For more information on participation, contact Catherine.

 

Profound Respects,

Catherine Wanja,

Delight Africa Ltd,

Dev Towers - 4th Floor, Suite 4A

Biashara Street, CBD Nairobi

P.O. Box 12269 - 00100, Nairobi Kenya

Land line: +254 722 533 771 (or) +254 700 221 221

Fax : 020 222 54 39

WhatsApp : +254 729 236 920
*‘**Promoting Professionalism in Corporate Training**’*

NITA Approved Trainers - No. TRN/1383

 

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Read more...!

Posted by bisnis internet at 9:02 AM | Permalink | Comments