ABOUT

It is vital that a Strata Manager can extract key information from financial statements, and confidently respond to queries on financial performance. 

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This short course will educate Strata Managers on key elements of accrual financial statements, providing a simple-to-understand guide that will empower Managers to disseminate information from statements. Allowing them to assist clients with precise and prompt guidance regarding both financial performance and budgeting purposes. 

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LEARNING OUTCOMES

• Financial Statement Basics

  • Legislative Requirements

  • Accruals VS Cash

  • Different aspects of financial performance

• Income & Expenditure Statement

  • Purpose and use

  • Elements

  • Constraints of I&E statement

  • Assessing Surplus VS Deficit

• Balance Sheet

  • Purpose and use

  • Elements

    • Assets

    • Liabilities

    • Net Assets

  • Internal Fund transfers

• Ideal balance of funds & client budgeting methodology

• Assessing cashflow

 

ASSESSMENT

Participation includes a stand-alone self-guided assessment to verify that participants grasp and can apply key concepts from the session. 

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ENDORSED FOR CPD
This short course has received CPD approval as an external third-party solution from SCA Vic, allowing SCA members to accrue vital CPD points.

 

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CONTACT

For more information and pricing, please get in touch with us.