Certificate in Financial Literacy

Investment Chart

UNDERSTAND FINANCIAL STATEMENTS

MANAGE MONEY WITH CONFIDENCE

INTRODUCTION

Workplace ethics are rules and procedures that should be carried out to maintain a professional company culture.  A good ethical culture enables the formation of better and more trusting relationships with all the stakeholders by providing a better service, in both the public and private sectors.

PURPOSE OF THE COURSE

To enable employees to understand and apply ethical standards to their own work roles and to identify breaches of ethical standards in the workplace.

ENTRY REQUIREMENTS

  • Communication NQF2

  • Mathematical Literacy NQF2

BY THE END OF THIS WORKSHOP, YOU WILL BE ABLE TO :

  1. Explain the core ethical values and standards which apply to the workplace.

  2. Outline ethical values and standards contained in legislation and codes which have relevance to the conduct of employees.

  3. Describe areas of ethical conflict in the workplace .

  4. Explain the importance of ethical values and standards in relation to the public sector. 

INTRODUCTION

Financially literate consumers not only manage money with more confidence, but also have a better chance of handling the inevitable ups and downs of their financial lives by understanding how to prevent and manage issues as they arise.  This knowledge is crucial for helping people manage the higher demand there is on them contributing to their own financial decisions, plus help them save enough to provide adequate income in retirement, while also avoiding high levels of debt that might result in bankruptcy, defaults and foreclosures.

PURPOSE OF THE COURSE

To enable students to understand, investigate and monitor the financial aspects of personal, business, national and international issues, and to interpret an income and expenditure statement and use information in the statement to make financial decisions.

ENTRY REQUIREMENTS

  • Communication NQF4

  • Mathematical Literacy NQF4

BY THE END OF THIS COURSE, YOU WILL BE ABLE TO :

  1. Plan and control financial instruments including insurance and assurance, unit trusts, stock exchange dealings, options, futures and bonds

  2. Use simple and compound interest to make sense of and define a variety of situations including mortgage loans, hire purchase, present values, annuities and sinking funds

  3. Investigate various aspects of costs and revenue including marginal costs, marginal revenue and optimisation of profit

  4. Use mathematics to debate aspects of the national and global economy, including tax, productivity and the equitable distribution of resources.

  5. Analyse the basic elements of an income and expenditure statement.

  6. Analyse the basic elements of a balance sheet.

  7. Compile a personal assets and liabilities statement.

  8. Use the evidence in financial statements to make a financial decision. 

COURSE LEVEL  :  NQF 4

COURSE CREDITS  :  6

COURSE DURATION  :  4 SESSIONS

COURSE CODE  :  CBC009/4