Audit & Internal Controls
Ensure financial accuracy and prevent fraud. Tests control design, audit trail tracing, and fraud risk assessment.
Budgeting & Variance Analysis
Plan, track, and explain financial performance vs budget. Tests budget construction, variance decomposition, and zero-based thinking.
Cash Flow Forecasting
Build a defensible cash flow forecast for a small business. Tests financial modelling, assumption quality, and financial storytelling.
Corporate Finance & Capital Structure Decision Making
Evaluate financing options (debt vs. equity), analyze capital structure costs, and make decisions for international expansion.
Financial Modelling & Valuation
Build financial models and value businesses. Tests revenue driver modelling, three-statement linkage, and DCF valuation.
Financial Statements & Reporting
Read, prepare, and interpret income statements, balance sheets, and cash flow statements. Tests financial literacy and reporting accuracy.
Investment Appraisal
Evaluate capital expenditure decisions using NPV, IRR, and payback period. Tests financial technique application and sensitivity analysis.
Management Accounting
Internal reporting that drives operational decisions. Tests break-even analysis, cost allocation, and make-vs-buy decision-making.
Payroll & Statutory Returns
Process payroll and meet SARS filing obligations. Tests gross-to-net calculations, EMP201/501 preparation, and payroll system design.
Ratio Analysis
Interpret financial ratios and write a short credit memo. Tests financial analysis and the ability to explain numbers in plain English.