TAP> Manage finances for a new venture

Course Purpose

Clarifying financial controls for business management, applying accounting practices and procedures, overseeing business accounts, and maintaining accurate records, as well as utilising financial statements to assess business progress, are crucial aspects of effective financial management in a business context.

What you’ll learn

Learners working towards this standard will be learning towards the full qualification, or will be working within a SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where the acquisition of competence against this standard will add value to their job. This standard will also add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes. The qualifying learner is capable of explaining financial controls for managing a business, identifying and applying accounting practices and procedures, managing business accounts and maintaining business records and utilising financial statements to identify business progress

Duration: 1 Day

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