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Sycamore drills non-finance managers

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Consultancy and training firm, Sycamore Consult Limited, on Tuesday drilled non finance managers from companies on complex financial compliments.

Among other things, the participants were enlightened on budgeting, preparing and understanding financial statements and capital management.

One of the presenters Ben Chitsonga taught how financial statements are used to illustrate a story of what has been happening in a company to the outside world.

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Another presenter Fredrick Chanza shed ligh on taxation and how essential it is for businesses to understand tax laws and how, when and where they apply.

Sycamore Consult Limited founder Audrey Mwala said the training was meant to enhance the participants’ capacity in understanding financial matters to help them make informed business decisions.

“We also talked about investment appraisal. When most people want to do a project in their organisation they just come up with an idea but we were teaching them how to appraise it, present it to their shareholders or any investors that would be interested in the project,” Mwala said.

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