FINANCIAL TRAINING FOR NON FINANCE MANAGERS

1. TRUSTT AUDIT LIMITED Business Assurance Services FINANCIAL TRAINING FOR NON FINANCE MANAGERS TWO DAYS TRAINING WORKSHOP Key success factors that guarantee the sustainability and growth of your business.

2. TRUSTT AUDIT LIMITED Business Assurance Services Training objectives Understand and interpret key financial statements. Understand the requirements of Company Taxation and to identify the steps that can be taken to avoid being assessed and incurring unnecessary penalties. Use financial tools to evaluate the performance of your pharmacy. Be better able to communicate financial performance using financial terminology. Appreciate the need for internal control, risks management, financial management and compliance.

3. TRUSTT AUDIT LIMITED Business Assurance Services Benefits from the training A clear picture of the key financial statements - income statement, balance sheet and cash flows. Being able to convey financial issues clearly and concisely. A good understanding of tax planning, computation, and compliance in your tax environment. A transformation of how you deal with the financial challenges you experience in your everyday work. Hence an immediate positive financial impact on your return to the office. A working knowledge of financial planning and reporting, including budgets and forecasts. An overview of the big picture - where you can get your capital from, how much it costs and the implications for your pharmacy.

4. TRUSTT AUDIT LIMITED Business Assurance Services How will this training work for YOU suppliers pharmacist • Understanding finance is a crucial management skill, particularly as more and more businesses are windup because of liquidity crisis caused by poor financial management. • Advocating your key trading partners (pharmacists) with financial skills is a corporate responsibility on organisation - It minimises your exposure to credit risk and guarantee a positive cash flow. • We have designed our training to meet your needs, enabling you to engage with the pharmacists to secure a positive cash flow and framework used to achieve business process excellence . • Having a grip of your finances is a key success factor that guarantee the growth and sustainability of your pharmacy. • We work closely with you on course design through to implementation to ensure that we capture and address your pharmacy risks and opportunities. • Our training helps you to captalise on your strength, so you can convert your weaknesses to opportunities in order to minimise risks – for the achievement of business process excellence.

5. TRUSTT AUDIT LIMITED Business Assurance Services AGENDA • SESSION ONE: INTRODUCTION. • SESSION TWO: TAXATION. • SESSION THREE: FINANCIAL STATEMENT. • SESSION FOUR: CASH IS KING. • SESSION FIVE: WORKING CAPITAL. • SESSION SIX: BUDGETING. • SESSION SEVEN: FINANCIAL TECHNIQUES TO SUPPORT DECISION MAKING. • SESSION EIGHT: QUESTIONS

6. TRUSTT AUDIT LIMITED Business Assurance Services WORKSHOP BACK GROUND • Financial understanding, financial management and financial controls, are key success factors that guarantee the sustainability and growth of your pharmacy business. • This is a unique opportunity for you to equip yourself and your pharmacy with the financial knowledge that has been tailored specifically for your pharmacy and the pharmaceutical industry. • Regardless of any prior exposure to finance in your career to date, or any finance-related academic studies, this course is designed to help you 'add value' as soon as you return to your pharmacy. • If you are, or will soon become a budget holder or if you are expected to use financial information as part of your job, then our training is ideal for you.

7. TRUSTT AUDIT LIMITED Business Assurance Services SESSION ONE • INTRODUCTION Identifying and assessing the current financial difficulties faced by Pharmacists in Cameroon.

8. SESSION TWO TRUSTT AUDIT LIMITED Business Assurance Services • TAXATION • Computation of your pharmacy corporation Tax . • Completion of your corporate self assessment tax return (DSF) via a practical case study. • Accounting profits Vs taxman's profits (Common Allowable and Disallowable). • Use of your trading losses to maximise tax relief. • Your employee (pharmacy attendant) benefit disputes and working time including Minimum Wage Regulations . • Basics of PAYE. • The incident of taxation on your pharmacy Car/Van • Employee Dismissal Procedures. • National Social Insurance contributions (CNPS).

9. TRUSTT AUDIT LIMITED Business Assurance Services SESSION THREE • FINANCIAL STATEMENTS • A practical explanation of the various financial records and their relevance. The content of such reports, for whom these reports are prepared, and the frequency of producing these reports. • The key financial questions you need to be asking and where to find the answers (in the Profit & Loss Account and Balance Sheet respectively). • The 5 essential elements you will find in your Profit & Loss Account and how you can use these to make instant sense of what you see.  • A simple way to tell a strong balance sheet from a weak one with the aid of our special template. • We highlight the key lines of the balance sheet you need to focus on, whether in your own pharmacy, or that of a key customer or supplier.

10. TRUSTT AUDIT LIMITED Business Assurance Services SESSION FOUR • CASH IS KING • What drives the need for cash in your pharmacy. • What you MUST know about the relationship between sales and cash flow to safeguard a pharmacy business. • The precise reasons strong profitability might not feed through to your 'cash in the bank' and what you need to do about it. • Cash flow forecasts / projections and the common (yet critical) mistakes people make. • The critical factors that dictate your pharmacy can be more profitable than others and yet fail, or can be less profitable than others and yet thrive.

11. SESSION FIVE TRUSTT AUDIT LIMITED Business Assurance Services • WORKING CAPITAL • What working capital means and how much your pharmacy need. • Learn how effective inventory management (Working Capital Management) can make the difference between a failing pharmacy and a prospering pharmacy. • Learn how efficient procurement can boost your pharmacy cash flow balances. • Credit control strategies – controlling cash flow without damaging relationship with your customers.

12. SESSION SIX TRUSTT AUDIT LIMITED Business Assurance Services • BUDGETING • Link between your budgets and cash – your flow forecasts. • Key issues that contribute to making your budgets realistic. • How these key issues can be applied in the context of your pharmacy business. What is meant by - Budgets v Forecasts? • What are the different types of budgets and the different scenarios in which they apply. • How to foresee budget deficits (or excesses) as we look at how best to track Budget v Actual. • Budgeting issues that typically give rise to friction and how to address them. • How to see the story behind the numbers (Variance Analysis).  Particularly important if you want to make value-adding comments about your pharmacy performance.

13. SESSION SEVEN TRUSTT AUDIT LIMITED Business Assurance Services • FINANCIAL TECHNIQUES TO SUPPORT DECISION MAKING • Overview of decision making techniques. • Relevant costs that influence your decision making.

14. TRUSTT AUDIT LIMITED Business Assurance Services SESSION EIGHT QUESTIONS

15. FACILITATORS / TRAINERS TRUSTT AUDIT LIMITED Business Assurance Services • OUR FACILITATORS ARE THE BEST MINDS IN THE PROFESSION WITH HANDS-ON EXPERIENCE IN: • Financial management and reporting. • Audit and Assurance. • Risk & Corporate Governance. • Corporate strategy from successful multinational companies.

16. TRUSTT AUDIT LIMITED Business Assurance Services FACILITATORS PROFILE • HANS MUSENJA • Founder and Director of Trustt Audit Limited, has in excess of 15 years experience of both internal and external auditing. Hans is a member of The Chartered Institute of Internal Auditors (IIA) England and Ireland, member of The Association for Compliance and Ethics Professionals (CEPs) – USA, member of The Association of Certified Fraud Examiners (ACFE), and member of The Institute of Business Consulting (MIBC) - UK.  • Following an MSc in Audit Management and Consultancy from the Birmingham City University Business School, coupled with a bachelor's degree in Private English Law (LL.B), Hans worked on high profile transactions for a number of listed and private companies, including forensic and due diligence assignments. This enabled Hans to develop his expertise on various Auditing and Professional Practices Frameworks as well as working alongside many bankers, lawyers, venture capitalists and entrepreneurs. • Having completed assignments across the United Kingdom (UK), as well as in Europe and in Africa, Hans's experience of having been involved in all aspects of Internal Auditing, Risk Management  and Corporate Finance gives him a unique perspective on lead advisory audit management and consultancy.

17. TRUSTT AUDIT LIMITED Business Assurance Services FACILITATORS PROFILE • PATRICE ELONGE • Director of Trustt Audit Ltd, is a member of the Association of Chartered Certified Accountants (ACCA), and a member of the Best Practice User Group for Project Management. Patrice is also a Director of Poseday Ltd - a company specialising in the provision of financial services. • Patrice’s career started over 13 years ago in the financial services sector. He subsequently transferred his experience to the higher education and local government sectors, but his main impact would be in the central government sector. Here, he held roles such as Senior Accountant and Head of Finance for various organisations including Her Majesty’s (HM) Treasury where he was responsible for producing the Financial Accounts for 2007-8 and 2008-9 and also responsible for the project to implement IFRS at HM Treasury. • He also assisted in setting up the Asset Protection Agency- a very high profile department set up as a result of the financial crisis, to provide some stability in the banking sector within the UK and the wider economy. • Patrice’s specialty in management/financial accounting and developing training solutions has enable organisations make better use of financial information, particularly in respect of budgeting, forecasting and investment appraisal. Over the past years, Patrice has developed a commercial business simulation which has been adopted, with great success, by many clients throughout the world.

18. COST TRUSTT AUDIT LIMITED Business Assurance Services Two Days IN-HOUSE TRAINING Two days PUBLIC COURSES • Two days in-house training courses cost £2.800 • Group booking cost £250 - £350 per delegate (Subject to number of delegates). • TO FIND OUT MORE ABOUT OUR TRAINING AND OTHER SERVICES: - Call us on +447949078994, +447931501237 or e-mail info@trusttaudit.co.uk.YOU CAN ALSO VISIT OUR WEBSITE www.trusttaudit.co.uk

19. TRUSTT AUDIT LIMITED Business Assurance Services WHY TRUSTT AUDIT LTD • OUR TRAINING IS: • Focused– Our training is pertinent to you, your pharmacy and your financial responsibilities (not someone else’s).  • Adaptable - The level, pace and style of our training reflects your role, age, background and experience.  • Flexible -Scope to spend more time on area that are of particular importance to you and your pharmacy. • Customised - The opportunity to spend time looking at and considering your pharmacy and its numbers so you can 'hit the ground running' after the course.