Business executives make tough decisions every day about product development, prices, research and development, HR, and administrative policies. All those decisions require that managers be aware of the impact they have on the company balance sheet. Good business acumen is critical for your company’s success and will likely be the difference between you and the competition. To address this organisational challenge, TSL has partnered with Silega to bring you Silega Pulse™.

Silega Pulse™ is a highly-customizable, powerful business simulation. This hands-on and engaging program simulates up to four business years in just five hours. It’s a realistic live representation of a business in need of change. Participants must manage all parts of the business process: planning, operations, finance, and people development. Silega Pulse™ was designed to address the specific challenges most companies face today:

• Improve understanding of how and why businesses make and lose money
• Understand the difference between profit and cash
• Make smarter decisions to create long-term value
• Increase profitability by improving financial control and spending more wisely
• Improve business planning and control
• Align different departments towards common goals
• Create a common vision for success and a common language within the organization
• Reinforce organizational change
• Create a culture of constant improvement

We recognize that managing a non-profit’s finances is not an easy task. Organizations operating in this unique realm are pushed to think creatively on how to do more with less. To cope with the limited resources, non-profit organizations need to acquire basic knowledge on financial management and learn to utilize key decision-making tools.

We have designed a programme that will enable Non-profit organizations manage the financial aspects of the organization with clarity, precision and efficiency in order to contribute towards achieving the organization’s overall objectives!

During our 3-day Finance for Non-Finance Managers programme (Non-profit organizations)participants will: –

• Gain insight into finance and funding challenges of development work and current trends, demystify the basics of financial planning and budgeting;
• Be fully equipped with the knowledge and skills to effectively and efficiently manage the financial resources of an Non-profit towards sufficiency;
• Learn the basics of financial management including basic accounting principles, interpretation of financial statements and reports, revenue and expenses monitoring. analyzing and interpret budgets;
• Understand the ethos behind decisions concerning resource generation and investments; and
• Identify different financial causes and effects of a successful or a failing Non-profit.

The main topics to be covered are: –

1. Overview of financial management
2. Financial Management
3. Maintaining Accounts
4. Budgetary Controls and Monitoring
5. Internal Controls and financial systems
6. Cash Management and reporting
7. Financial Management in relation to non-finance Staff
8. Funds Management in relation to donors and strategic Plan
9. Strategic Financial Management
10. Reporting and Accountability

Who should attend?

This programme is suitable for participants with no prior formal training in finance who are either budget holders or are required to make day-to-day financial decisions within their units or projects.

• Programme Managers
• Project Officers
• Department heads
• Senior project managers

Participants “learn by doing”. Calculators are required.

For a full course outline of this programme, please contact us on info@trainingsolutions.co.ke

• What is leasing and how does it work?
• Types of Leases
• Equipment Leasing
• Payout/No-Payout Leasing
• Structuring a True Lease
• Lease Documentation
• Accounting for Leases
• Credit Policies and Considerations
• Vendor Leasing Programs
• Regulations Governing Leasing in Kenya

• Credit and Risk Managers
• Asset Finance Managers
• Business Strategists
• Product Developers

• 2 days

• Introduction to derivative Instruments and Markets
• Pricing and valuation of interest rate and currency
• Derivative applications: its uses and benefits

• Risk Control, Risk Management and Audit Personnel
• Corporate Account Officers
• Corporate Treasury
• Asset Managers

• 2 days

Financial risk management has become a priority in recent years. Tumultuous economic conditions have created new challenges in treasury and the headlines often feature the fallout of failed financial risk policies. Having a strategy in place to deal with the risk is of utmost importance to today’s treasury professionals, and companies are re-evaluating their framework for measuring and monitoring financial risk.

This course is designed for current practitioners and for those interested in working in treasury management.  The course provides a holistic understanding of treasury management from first principles and introduces participants, in an intuitive manner, to the concepts and logic that underpin financial risk management, financial instruments and derivatives.

Key topics covered include:

• Identify and develop key strategies for treasury management
• Understand the application and valuation of financial instruments (participants will be provided with example pricing spreadsheets which will allow them to input variables and observe the impact on prices)
• Apply the principles learnt in a half day case study
• Network with other finance and treasury Practitioners
• Receive an update on the current conditions in capital markets and bank debt markets

Who should attend?

• Accountants
• Finance managers
• Internal auditors
• Treasury officers/managers
• Treasurers (new to role)

Duration

• 2 days

Get in touch with us on info@trainingsolutions.co.ke for more information

Credit Risk refers to the probability of loss due to a borrower’s failure to make payments on any type of debt. Credit risk management, meanwhile, is the practise of mitigating those losses by understanding the adequacy of both a bank’s capital and loan loss reserves at any given time – a process that has long been a challenge for financial institutions.

The global financial crisis – and the credit crunch that followed – put credit risk management into the regulatory spotlight. As a result, regulators began to demand more transparency. They wanted to know that a bank has thorough knowledge of customers and their associated risk. And new Basel III regulations will create an even bigger regulatory burden for banks.

To comply with the more stringent regulatory requirements and absorb the higher capital costs for credit risk, many banks are overhauling their approaches to credit risk. But banks who view this as strictly a compliance exercise are being short – sighted. Better credit risk management also presents an opportunity to greatly improve overall performance and secure a competitive advantage.

This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will review can be beneficial at the corporate level as well. At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view.

Key topics covered include:

• The definition and the implications of credit risk for banks and other financial institutions
• The most recent risk regulations for banks: Basel II and Basel III
• How to critically use basic measures of risk like Value-at-Risk and Expected Shortfall: computation and interpretation
• The definition and the use of credit ratings
• How to define the probability of default of a counterparty
• The basics of Credit Default Swaps (CDS)
• What stress-testing is and why it is useful

Who should attend?

• Relationship Managers
• Credit Officers
• Finance Personnel

Duration

• 2 days

Get in touch with us on info@trainingsolutions.co.ke for more information

• Are you assessing your personal financial condition and setting goals appropriately?
• Would you like to be able to manage you debts and credits?
• Are you able to make decisions relating to renting, buying and financing a home?
• Would you like to know how to build an investment portfolio?
• Do you have a retirement plan in place?

Managing Personal Finances is mandatory in today’s world. It provides the means of keeping track of personal expenses, personal debt and subsequently helps the calculation of a person’s net worth financially.

It is also a critical function in organizations. Successful leadership and management of others requires successful leadership and management of oneself. Personal Finance Management is therefore a critical function in self-management.

Our 1-day Managing Personal Finances Programmes includes practical application exercises to help inculcate learning. Action planning sessions will also be conducted.

Who should attend?

These programmes are designed for anyone who wishes to plan for their financial future and are offered in two levels:

• Level 1 is for those who are yet to start or are at the early stages of managing personal investments.
• Level 2 is for those who already have some experience in managing a portfolio of personal investments.

For full course outlines of these programmes, please contact us on info@trainingsolutions.co.ke