BUDGETING AND BUDGETARY CONTROL

INTERNAL AUDITING

ADVANCED INTERNAL AUDITIG

DETECTING AND PREVENTING FRAUD
(3 day workshop)
February & October, 1999

Objectives
This three day workshop is designed to equip participants with skills to detect and prevent all forms of fraud within an organisation. Participants will be taken through real life case studies and built in exercises.

Participants
Non-Finance Managers, Supervisors and Finance Managers who are involved in cash and non-cash resource management.

Course Structure and Content
Definition of Fraud
Types of fraud permeating in organisations
Computer fraud
Symptoms of management fraud
Symptoms of employee fraud
Steps to take when fraud is suspected
Documenting fraud
What evidence to collect
Writing fraud reports
Privileged fraud reports
Integrating analytical relationships - Treadway commission
Fraudulent financial transactions
How to prevent money laundering
Profile of fraud perpetrators
Case Studies
Individualised exercises

CREDIT MANAGEMENT
(3 day workshop)
April & October, 1999

Objectives
This three day workshop is targeted towards Credit Managers, Production Managers and businessmen and women who are involved in making credit decisions.

Participants
This course is suitable for those who are presently or those who will soon be involved in extending credit, on behalf of their organisations. The course may also be useful for other line managers who
need to have knowledge of credit management.

Course Structure and Content
This workshop is divided into three modules, each with its group assignments tasks and case studies. At the end of the workshop participants will be able to design, implement and test credit policy in their respective organisations and link credit management to the financial strength of their respective organisations.
Administration through functions planning
Financial Policy Planning and the role of Finance Manager
Principles Underlying Credit Transactions
The Role of the Finance Function
Methods of Extending Credit
Policy Considerations
Purpose of Credit Assessment
Credit Assessment - Transaction Design
Methodology
Credit Rating Scoring
Customer Records
Collection Policy
Management of Debtors/Working Capital
Provision for Bad and Doubtful Debts

CREDIT RATING SKILLS
(3 day workshop)
March & August, 1999

Objectives
This three day workshop is targeted towards Credit Managers, Production Managers and business men and women who are involved in making credit rating decisions. This course will provide participants with technical skills and expertise to handle credit applications, evaluate credit applicants and make recommendations. At the end of the workshop participants will be able to:
Appreciate lending policy and procedures;
Evaluate financial needs of small to medium scale enterprises;
Give advice to customers on how to complete credit application forms;
To analyse customer credit applications and allocate scores to each customer in respect of policy and procedures stipulated by company’s credit policy;
Appreciate the relationship between trade cycle and business performance;
Prepare credit application reports;
Interpret financial statements;
Prepare and analyse business plans;
Prepare cashflow projections;
Present business proposals to a management panel / Participate in business plan presentation
Prepare administer loan monitoring systems.
Write credit references.

Participants
This course is suitable for those who are presently or those who will soon be involved in extending credit, on behalf of their organisations. The course may also be useful for other line managers who need to have knowledge of credit management.

Course Structure and Content
Introduction to Credit Rating
Purposes of Credit Rating/Scoring
Credit Policy and Procedures
Financial Requirements for Small to Medium Scale Enterprises
Administering Credit/Loan Application Forms
Customer Advisory Skills
Interviewing Credit/Loan Applications
Practical Credit Rating
Interpretation of Financial Statements-ratio analysis
Business plans
Cashflow projections
Trade cycle
Credit/Loan monitoring systems
Credit reference reports
Interviewing credit/loan applications
Ethics and credit rating


THE DYNAMICS OF DEBT COLLECTION
(2 day workshop)
February, June & October, 1999

Objectives
This is an intensive participants orientated one day workshop which aims to equip participants with
Skills to appreciate, interpret and implement organizational debt collecting policy, collection sales and marketing functions within an organisation, to manage objections to payment without losing the customer, Skills to understand the implications of debt collection to an organisation’s cash flow, Ability to structure a debt collectors diary, This workshop will be presented in modular form with individual exercises and group work.

Participants
This workshop will be suitable for Credit Managers, Credit Clerks and Debt Collectors.

Course structure and content
Professionalism in debt collection
Duties of a debt collector
Link between debt collection division and sales and marketing division
Understanding the customer profile
Managing customer profile
Managing objections to debt collection
Measuring success of debt collection function
Arranging to meet debtors
Debtor client relationships
Implications of debt to the cashflow
Detecting and Preventing Fraud

FINANCE FOR NON-FINANCE MANAGERS
(4 day workshop)
June & September, 1999

Objectives
This four day workshop is designed for Non-Finance Managers who are actively involved in supervisory and decision-making roles but do not possess an accounting qualification. It aims to equip participants with finance management skills which will enable them to relate to their department activities and to the financial framework of the entire organisation. Participants will be taken through real life case studies and exercises built into the course context.

Participants
Managers from various disciplines who wish to improve their knowledge and understanding of the finance function and fundamentals of financial control.

Course Structure and Content
The following modules will be included:-
Role of the finance division in an organisation
Sources of finance
Basic financial accounting
Drawing financial statements
Management of cash
Ratio analysis and interpretation
Corporate Insolvency
Investment decisions
Management information systems
Introduction to cost accounting
Capital budgeting
Analysis of variances
Break even analysis
Budgetary Control Systems
Cost of decision making

INTERNAL AUDITING
(3 day workshop)
April & July, 1999

Objectives
This three day workshop is designed to give participants an insight into the function and roles of both internal and external auditors in enterprise management.
At the end of the three day workshop participants will:
Appreciate the role of an auditor (external and internal auditors) in an organisation
Understand the duties of client officers in respect of auditors
Appreciate the needs and functions of an internal auditor in an organisation
Analyse the various levels at which internal auditors report, and how each affects his/her independence.

Participants
This workshop will be suitable for Business Managers, Head of Government Departments, Financial Managers, Internal Auditors and Accountants.

Course Structure and Content
The following modules are included in the course:
Independence of an Auditor
Designing Control Systems
Internal Control Questionnaires
Audit Sampling
Audit in a Computer Environment
Audit of Stores and Stock
Audit of Purchasing Department
Audit of Fixed Assets
Analytical Review Techniques
Environment Audit
Management Audit
Detecting Fraud and how to handle fraud suspects
Financial Investigations
Report Writing Skills for an internal auditor
Case Studies


ADVANCED INTERNAL AUDITING
(5 day workshop)
June & November, 1999

Objectives
This five day workshop aims to equip participants with:
Skills to plan and obtain evidence from an organisation’s internal environment
Skills ]to carry out the audit cycle in respect of Treasury, Quality Control, Payroll and Investments
Skills and techniques to conduct human resources policy audit
Skills to interpret the Swaziland Environment Authority Act’s requirements in respect of environmental audit and environment impact analysis
Apply Communication and problem solving skills relevant to internal auditors
Skills to manage and administer the internal audit division

Participants
This course will be suitable for Business Managers, Head of Government Departments, Financial Managers, Internal Auditors and Accountants.

Course Content and structure
The following subjects are included in the course:
Audit Planning
Collection and evaluation of audit evidence
Audit cycle - in Quality Control, Payroll, Treasury, Debt, Investment, Foreign Currency Exchange Management
Organisation risk analysis, audit of contingency/disaster plans
Problem solving tools and techniques for internal auditors
Communication skills for internal auditors
Management of the Internal Audit department
Advanced Audit in a Computer Environment
Environmental auditing assessment, reporting and mitigating plans are the Environment Authority Act
Human Resource policy auditing
Hazards and security reporting
Flow charting techniques
Practical internal auditing report writing
Monetary unit sampling skills
Forensic Accounting and Audit
Audit of the Board
Ethical Considerations
Detecting and Preventing Fraud

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