SME Financing in South Africa: A Guide for Non-Financial Managers

How to interpret and present a balance sheet Module

About the module: Balance sheet is to reveal the financial status of a business as of a specific point in time. The statement shows what an entity owns (assets) and how much it owes (liabilities), as well as the amount invested in the business (equity).

Purpose of the module: Be able to use, analyse and read a balance sheet - balance sheet gives interested parties an idea of the businesss financial position, in addition to displaying what the business owns and owes.

Rational of the module: It is important that all business managers know how to use, analyse and read a balance sheet. The balance sheet reflects businesss true net worth in the form of difference between total assets and total liabilities.

The above mentioned module is one of seven modules in the skills programme titled: How to manage business finances . How to manage business finances - is one of ten skill programmes available in our Entrepreneurship Master Programme .

Skills programme - How to manage business finances

The purpose of the skills programme: The purpose of the programme is to assist delegates understand the four basic financial statements (balance sheet, income statement, cash flow statement, and statement of owners equity) and be able to evaluate the businesss liquidity, efficiency, profitability, and risk using standard financial ratio analysis. Throughout the programme, delegates will practice thorough bookkeeping, making accurate projections, creating financial statements, and financial ratio analysis. Upon successfully completing the programme, delegates should be able to demonstrate knowledge, application, and comprehension of working capital management, capital budgeting, and financial reporting and analysis.

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Super Deal Maker - is a productivity web based platform to assist entrepreneurs and business managers in building sustainable businesses quickly and successfully by providing them with access to tools, training, and a business management activity planner to make sure they are doing the right things in the right order.

Entrepreneurship Master Programme is a high-level programme that combines virtual and in-person sessions to provide theoretical and practical training to entrepreneurs and business managers in areas such as business planning, marketing, strategy, operation, and finance.