Productivity, Costs & Assets Synopsis

To ensure supervisors understand the “financial fundamentals” of managing a business, including their key role in cost control and asset management. Particular emphasis is placed on shareholder expectation and the influence of the South African economy on the financial services sector.

Content:

• Module A: Income, Costs & Profits
  • The Meaning and Measurement of Profit in Financial Services
  • Distribution of Profit
  • Investment Income and Premium Income
  • Supply and Demand in an Open Financial Market
  • Discussion Questions and Case Studies
• Module B: Assets of the Business
  • Measurement of Asset Utilisation in Financial Services
  • Classifications of Assets on the Financial Services Balance Sheet
  • Measurement of Returns
  • Return on Investment; Performance Measurement for everybody
  • Case Studies, Revision Quiz and Discussion Questions
• Module C: Shareholders
  • What Shareholders have the right to expect; Creating Shareholder Wealth; Measuring Shareholder Returns
  • Earnings per share; Dividends per share; Return on equity and Dividend cover
  • Discussion Questions; Case Studies
• Module D: The South African Economy
  • Monetary and Fiscal Policy; Exchange Rates; Repo Rate; Discount Rates; Balance of Payment; Capital Account and Current Account
  • Measuring Economic Growth Rates. The effect of the economy on the Financial Services Sector

• Input from course facilitator
• Easy to read programmed text
• Company related group discussion questions
• Case studies and revision quizzes
• In company application project and presentation