The Halifax Chamber of Commerce is pleased to offer a round of FREE online training programs to help grow your business in collaboration with the Nova Scotia Department of Labour, Skills, and Immigration.

FINANCIAL FUNDAMENTALS TRAINING SUMMARY:

Date: Every Wednesday starting on Wednesday April 30th, 2025. 
Time: 9:00am - 12:00pm
Location:  Via Zoom

Financial Fundamentals (Level I) is the fundamental program in the finance stream of Workplace Education and one program every business owner like you will want to have under your belt. Starting with key accounting terminology, you will be led step-by-step through the basics of the financial aspect of your business. In addition to understanding bookkeeping basics, you will be able to read, analyze and make financial decisions based on your company’s financial statements as well as know what needs to be done to comply with government reporting requirements.

Learning Outcomes:

• Define key accounting terms

• Identify financial tools - deposit book, sales invoices, payment devices, online storage, log book, and online payroll calculator

• Describe the role of the auditor and audit proofing

• Identify the key elements of the financial organization - controlling, protecting, organizing paper flow, and storage

• List the components of basic bookkeeping - debits, credits, journal entries, and different options for accounting systems

• Read, prepare and improve basic financial statements – income statement, trial balance, and balance sheet

• Complete government reporting – requirements and process of completing

• Explain various tax issues and the process of filing taxes

• Compare and contrast computerization options - Sage 50, QuickBooks, and mobile applications

• Calculate pricing of products and services

• Create a budget A-Z - personal requirements, budget for business, and excel spreadsheet introduction (prepared manually)

• Complete a cash flow projection

• Analyze financial data – liquidity, solvency, turnovers and comparison to industry standards

• Review all concepts of accounting activity

Standard Topics:

• Bookkeeping fundamentals

• Financial statements

• Budgets and cash flow projections

• Government reporting requirements

• Tax compliance

• Pricing products

• Basic financial analysis
 

ABOUT THE TRAINER:

Takia Panza Benjamin, Owner of TPB Consulting

Takia is the proud owner of TPB Consulting Ltd., a Senior Financial Broker, and the Executive Director of Bitasa Society.  She brings over a decade of experience from working across various sectors of the finance industry

While Takia has always enjoyed working with numbers, it’s her passion for connecting with people that truly led them into this field. Today, Takia gets to combine helping individuals and organizations strengthen their financial literacy and reach their goals.

As a Facilitator for the Workplace Education Initiative, Takia has the opportunity to share her knowledge and experiences with others, empowering them to build confidence in their financial decisions and grow both personally and professionally.
 

TRAINING TIMELINE:

• To sign up for the training, you must complete the required registration fields, which are required by the Department of Labour Skills & Immigration.

• Once we receive your completed form, your information will be provided to your trainer and they will contact you to complete an Individual Needs Assessment to ensure this training is the right fit for you and your business.

• Your trainer will then become your point of contact for the training and they will provide you with the information on how to join the sessions each week.
  
  IMPORTANT NOTES:

  These training sessions are in high demand. Please only register if you are 100% committed to fully participating in this training. This is a 40 hour course and you will be required to participate in 80% of the sessions in order to receive the certificate.

• Preference will be given to members. Future members interested in joining, please contact Jenn Kurmey, Membership Sales Manager at jenn@halifaxchamber.com

• There are only 12 spaces available for this session, if the session is full, please add yourself to the waitlist and you will be contacted if a spot opens up.

• We are limiting this training to 1 employee representative per organization in order to allow more people the opportunity to participate

PARTICIPANT REQUIREMENTS:

• The program must be taken on a computer, laptop, or tablet, no phones. 

• Participants must have a reliable Internet connection.

• Headphones with a microphone and a webcam.

• Participants must display video; required to ensure the connection to the instructor and other participants.

• A quiet place, free of distractions.

*The above are critically important not only for the success of individual participants but also the success of the entire group.