Financial Management for SMEs

Financial Management is one of the most important responsibilities of business owners/managers. They must consider the potential consequences of their management decision on profits, cash flow and the financial condition of the company.

Course structure

The certificate course in Practical Administrative Skills and Office Management spent approximately 16 hours OR is offered a 2-day period. The course is based on a participatory, active learning approach, group discussions. An Action Guide for Financial Management for SMEs, Business Owners, and Managers, by Ms. Pich Rathmony. Participants will receive a Certificate of Participation upon successful completion of the course. The maximum number of participants is 20. 

Chapter 1: Understanding financial statements

  • Profit and loss statement
  • Balance sheet
  • Statement of cash flow

Chapter 2: Assessing your business' financial health

  • Liquidity ratios
  • Solvency ratios
  • Profitability ratios
  • Management ratios
  • Balance sheet ratios

Chapter 3: Maintaining profitability

  • Profitability measures
  • Discounting sales
  • Expense management

Chapter 4: Improving cash flow

  • Managing stock
  • Managing payments to suppliers
  • Managing work in progress
  • Managing debtors
  • Working capital cycle – cash conversion rate

Chapter 5: Budgeting 60

  • Profit and loss of budget
  • Assumptions
  • Monitoring and managing your profit and loss budget

Chapter 6: Managing cash flow

  • Cash and profit
  • Cash flow drivers in your business
  • Cash flow forecasting

Pich Rathmony

Expert in Business Management Finance, and Associate Trainer

Ms. Rathmony is a specialist in Financial Management and Entrepreneurship Education. She has her Bachelor's Degree in Business Economics from the National University of Management and a Master's Degree in General Management from Charles Sturt University. In addition, she earns an acceptance to provincial Certification Training of Business Edge by Mekong Private Sector Development Facility which is part of World Bank Group.           
Ms. Rathmony has had more than 14 years of experience in consulting and delivering business training to those concerned business owners within the country. She has conducted training in some sectors such as Trade Unions, Multi-National Corporation –Garment factories, NGOs, Government Agencies, and Business corporate companies. Her training expertise is Business Plan Creation, Micro Business, Entrepreneurship, Project Planning, Accounting, and Financial skills.
Currently, Mony is a full-time trainer and consultant specializes in Small and Medium Enterprise (SME) for EDI in assisting clients to design strategic process, managing and reporting by business project and oversee with those projects to ensure that project members understand their jobs and are able to fulfill company’s expectation to achieve their financial goals and objectives.

As activities of every aspect of business have an impact on the company's Financial Performance, they must be evaluated and controlled by the business owners/ managers before execution. In order to enable such capacity, business owners/ managers must be able to:

  • Understand about their company's cost structures
  • Understand Standard Financial Reports 
  • Prepare and monitor their company's Annual Financial Plan
  • Manage their Company's Cash Flow.

This course is designed to provide managers in non -financial positions with a practical understanding of finance and accounting. It is assumed that participants have no formal accounting or finance knowledge.

Course Detail

  • Trainer :Pich Rathmony
  • Class Start :18 Jun 2022
  • Class End :19 Jun 2022
  • Seat Availble :20 Seats
  • Time : 08:00 - 05:00
  • Fee :190 $
  • Early Bird : 160 $
  • venue :EDI Training Room
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