The least expensive form of financing of a business is the Creditors of the business. The reason for this is the fact that most creditors don’t charge interest on the outstanding amount of their customers’ accounts.
DurationThe least expensive form of financing of a business is the Creditors of the business. The reason for this is the fact that most creditors don’t charge interest on the outstanding amount of their customers’ accounts.
However, the most common mistake made by most managers, is to employ unskilled workers to handle this vital source of finance – with the result that the benefits are lost.
To equip learners to utilise electronic creditors’ programs and to understand the process of recording and handling creditors’ accounts, this course firstly exposes learners to the manual control of the accounts.
Once the manual system is mastered, learners will be able to understand and maximise the use of computerised systems.
PBS College started in 1982 as a husband and wife team – Pieter & Christine Jordaan. Over the next three decades, they worked tirelessly for the Credit Management Community. They both served on the management committees for the ICM SA, ICM Africa, UICM and ADRA. Both Pieter and Christine are hailed as “South African Icons” in Credit Management.
All PBS College courses are based on SAQA Certifications, and every course is aligned to SAQA regulations, and to bring personal development into the life of every working person. Their formal Accreditation is through FASSET, and they proudly became registered as the only FASSET registered college for the 57901 Certificate in Credit Management.
POPI Awareness - free session on POPI and PAIA
Management Accounting for Non-Financial Managers course is offered by SADI (Southern Africa development Institute). SADI provides extensive and highly focused in-service training. In-service training is the process of staff development.
IPSAS is becoming and will become the World standard for Public Sector entities. IFRS having replaced IAS is now becoming the world standard, but in many ways was not specific enough to the needs of the Public Sector.
It is important for officials working in Government to have a good understanding of the legislation governing public finance in order to fulfil their fiduciary duty. Consequently an understanding of the Public Finance Management Act is necessary.
Cost & Management Accounting Course is Offered by Academy of York.
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