Manage finances for a new venture (SAQA: 119674)

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Module 1 Explain financial controls for managing a business 5 Lessons

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1.1: Opening a bank account

1.2: Various types of accounts

1.3: The Importance of Cash Management

1.4: The difference between short- term finance and long-term debt finance

1.5: Difference between fixed and working capital

Module 2 Identify and apply accounting practices and procedures 6 Lessons

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2.1: Establish accounting systems

2.2: Debits and Credits

2.3: Assets and Liabilities

2.4: Income and Expenses

2.5: All about Taxes

2.6: FInancial Statements

Module 3 Manage business accounts and maintain business records 4 Lessons

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3.1: Business accounts and records

3.2: How to use a bank account

3.3: How to keep daily, monthly and annual records

3.4: Analyse a balance sheet

Module 4 Utilise financial statements to identify business progress 3 Lessons

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4.1: Financial statements

4.2: The concept of Financial Ratios

4.3: The concept of an Asset