- Understand that the financial function in business:
- Is a system which portray the financial condition of the company
- Measures and control the financial activities of a business
- Provides financial information to management, to help in planning and decision making.
- Is involved in the provision and safekeeping of funds.
- Involves accounting: consisting of management accounting and financial accounting.
- Uses information supplied by information systems.
- Involves and accounting process embodied in an accounting system, with related internal controls.

-Be able to explain and apply these principles to your own organisation
-Be familiar with bookkeeping, and debits and credits
-Understand the role of financial accounting in reporting:

- The results of the operations of a business
- The financial position of a business
- The cash flow activities of a business

And in reporting these in the financial statements using GAAP principles
Be able to explain and apply the following principles to their organisation

- the various sections and statements included in a set of annual financial statements
- what each of these statement represents
- accounting policy
- GAAP principles
- Understand the main rationale for analysing financial statements

- Understand the advantages as well as the limitations of ratio analysis understand and be able to use various ratios in the analysis of financial statements
- understand what is needed in order to have an effective budgeting system
- understand one of the ways of sequencing various budgets
- understand the uses as well as the limitations of budgeting
- describe different forms of budgeting.

Junior and Middle Managers who are responsible for budgeting as well as controlling the finances of a division, department, business unit or SME business. The target group for this program would be people with at least a grade 10 functioning on a NQF 6-8 level. Managers in the service, manufacturing, distribution, in supporting functions as well as operational side of business can attend this program.

CDC use a variety of interactive methods of facilitation: Role-Plays, Group Discussions, Presentations, Problem-Solving, Delegates are continually involved right from day one of the program in a variety of individual, pair and group activities. CDC training philosophy advocates that constant involvement in a variety of stimulating activities facilitates long-lasting learning.