How it helps your business
What financial management does for you
What came in, what went out, what you are owed and what you owe.
The bank reconciled and the accounts produced every month.
Annual financial statements from your own records.
Your returns kept current as part of the routine.
How it works
Your financial management project, in four steps
Learn
7 short lessons, each with a video and a quiz.
Start your project
We set up a project plan for you: 15 activities, starting with “Define financial management project objectives” and “Define financial management project stakeholders”.
Do the work step by step
Work through them one at a time, such as “Execute business finances project scope”, “Manage business finances project team” and “Make business finances project changes”, and watch your progress. You, your apprentice or your consultant can do it.
Get your reports
A status report as you go. The last activities, such as “Business finances project checklist” and “Solicit business finances project feedback”, lead to a final report you accept. RMK also approves it where a consultant did the work.
What we expect from you
Have these ready
The report you get
Your annual financial statements
Who it is for: You, a bank, a funder or SARS.
- Responsibility for these statements. Who prepared them and who approved them.
- Statement of comprehensive income. What you earned and what it cost you.
- Statement of financial position. What the business owns and what it owes.
- Statement of changes in equity. How the owner's share moved during the year.
- How quickly money moves. How fast customers pay you and you pay suppliers.
- Notes. The detail behind the figures.
Along the way you also get a status report: the three stages, anything past its date, and every activity in order.
The sections of your report
Learn it first
The 7 topics
Each topic has a short lesson, a video and a quiz: 75% to pass, three attempts.
A short lesson, a video and a quiz.
Open the lesson →2. Finance for managers case studiesA short lesson, a video and a quiz.
Open the lesson →3. BookkeepingA short lesson, a video and a quiz.
Open the lesson →4. How to interpret and present an income statementA short lesson, a video and a quiz.
Open the lesson →5. How to interpret and present a cash flow statementA short lesson, a video and a quiz.
Open the lesson →6. How to interpret and present a balance sheetA short lesson, a video and a quiz.
Open the lesson →7. How to interpret and present standard financial ratio analysisA short lesson, a video and a quiz.
Open the lesson →Get everything you need to build your business
- The ten tools
- 70 lessons with videos and quizzes
- Reports you can show funders and buyers
- 12 months
- Your business plan is free to start
R4 800 for 12 months
Get the Standard AccountUpgrades pay only the difference. Prices include VAT, and every payment comes with a tax invoice.
We support you: an account manager calls within 24 hours and answers within 3 working days.
R17 300 for 12 months
See premium →SuperAn apprentice sets your business up with you.
R29 800 for 12 months
See super →Questions about financial management
Why does this matter?
You cannot price a job, ask for a loan or survive a slow month without knowing your own numbers.
What does it feed?
It feeds your Annual Financial Statements and the financial sections of your business plan.
Can someone do it with me?
Yes. Premium gives you support; Super gives you an apprentice; a consultant can do it for you.
Ready to start financial management?
Included with your Standard Account (R4 800 for 12 months). Registering is free.