Maccauvlei Learning Academy (Pty)LTD - Introduction to Finance

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Cost Management for Line Managers

Overview:
The purpose of this course is to equip individuals with the skills to manage expenditure against a budget. In the environment in which business finds itself today, the skills associated with budget management are invaluable. Unit Standards covered:
• 242810: Manage expenditure against a budget. Level 4. 6 Credits.

Who should attend?
Who should attend? This programme is aimed at a variety of individuals from those developing budgets, to those who work within given budgets and simply need to manage and control costs in terms of those budgets.
It could include:
• First line supervisors
• General employees

Learning assumed to be in place
• Communication at NQF Level 3
• Maths literacy at NQF Level 3
• Computer literacy at NQF Level 3

Certification:
Learners who successfully complete the portfolio will be awarded a skills programme certificate with the unit standard listed.

Contact Details
For more details, please contact the Sales Department at

Telephone:	+27 (0) 16 420 2306
	+27 (0) 16 420 2000
E-mail:	info@maccauvlei.co.za

Learning Outcomes:

The programme covers the following outcomes:
•	Financial concepts such as profit, loss, surplus and deficit.
•	Breakeven analysis.
•	Departmental budgets.
•	Project budget basics.
•	Cost controls.
•	Corrective action on budget variance.

Duration of Training:
3 days

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Cost Management for Line Managers