Finance For Owners And Managers

Finance

Business Simulation. Prepare 12 balance sheets, profit and loss statements, cash flow forecasts, unit pricing, and budgeting tasks. Prepare and utilise ratios: profitability; performance; leverage and market value ratios to make better business decisions. Prepare bank debt applications. Manage debtors.

The key learning’s in this programme are formally taught lessons around Du Pont Accounting; budgeting; cash flow forecasting and an introduction to earnings based multiple valuations.

Each business completes its own exercises in respect to the teaching and applies it each trading month. In this simulation between four and six teams each form: a retail, services, or a manufacturing company and compete with each other on: price; debtor terms; quality and reputation.

The key learning outcomes in this simulation revolve around financial reporting and financial management, including Earnings Per Share and Net Tangible Assets per Share reporting. Each team reports publically and therefore the insights are multiplied so as not to apply merely to an individual’s team, but to each team in the simulation.

Participant Materials: a full colour Visual Contextuary that explains and illustrates financial terms; a Participant Manual of circa 136 pages as well as the Balance Sheet and Profit and Loss statements for your Company. Cash flow forecast, and Budget worksheets are also included in this version of the simulation.

The Programme is 2 days in length and costs $2,200 + GST per person; Group rates can be negotiated for 6 or more participants.