Fundamentals of Finance

Cost: R2 400.00 excl. Vat* Duration: 2 Days

Duration: 1 Days

NQF Level: 4 | Credits: 6

Unit Standard: 7468

*Cost based on Blended Learning Facilitation, traditional classroom interventions can be facilitated, upon request, at an additional cost

Who should attend?

Payroll Managers, Finance Managers and Administrators

Course Overview

This unit standard will be useful to people who aim to achieve recognition at some level in Further Education and Training or to meet the Fundamental requirement of a wide range of qualifications registered on the National Qualifications Framework.

This course will enable Learners to:

  • Use mathematics to plan and control financial instruments.
  • Use simple and compound interest to make sense of and define a variety of situations.
  • Investigate various aspects of costs and revenue.
  • Use mathematics to debate aspects of the national and global economy.

Learning assumed to be in place:

  • Mathematics and communication skills at NQF level 4 or equivalent.
  • Computer literacy and applicable software at NQF level 4 or equivalent.

This course is proudly accredited through SABPP

SETA Assessment of Competency (Optional)

Optional competency assessment is available at R1 600.00 excl. VAT per delegate on this course.

This module is based on outcomes based learning principles where delegates are responsible for their own learning with support available when required.

  • Formative Assessment – to be submitted 1 month from completion of the workshop
  • Summative Assessment – to be submitted up to 6 months from submission of the Formative Assessment


Finance – Concepts (SO4)
  • Money
  • The role of money
  • Money and products
  • Economy
  • Trade
  • Economic analyses - Wealth
  • Analyses
  • South African economy
Finance – Instruments
  • Managing Money
  • Instruments
  • Financial institutions
  • Planning and Control
  • Preparing budgets
  • The Master Budget Interrelationship
Finance – Usage
  • Interest
  • Investment
  • What is interest?
  • Interest Applied
  • Amortisation
  • Sinking funds
Finance – Applied
  • Costing and Revenue
  • Flow diagram - Source of Money and distribution
  • Costs
  • Profit
  • Straight Line Equation
  • Straight Line Equation