Human Resource Tools

Finance & Accounting Tools

NAME

13 Steps to Close the Books Guide LINK

13 Steps to Close the Books Guide The purpose of this document is to provide an SME's accounting and finance department with a simple, sector-agnostic stepby-step guide on how to close their accounting books monthly, a discipline that all SMEs should commit to upholding.

13-Week Cash Flow Tool 13-Week Cash Flow Tool

USE

The 13-Week Cash Flow tool provides a company with a means to forecast weekly cash inputs less cash outputs, providing a company with an accurate projection of their cash runway over a rolling 13-week basis. The SME should regularly use this tool to help them make informed financial decisions.

13-Week Cash Flow OnePager

Tool - 13-Week Cash Flow One-Pager An accompanying one-pager to the 13-Week Cash Flow Tool, this document provides a high-level overview of the steps a company must take to update and maintain the 13-Week Cash Flow Tool.

Mastering Cash Flow Tool Tool - Mastering Cash Flow This tool allows executives to calculate their marginal cash flow to determine if volume is hurting their growth, their Cash Conversion Cycle (CCC). The CCC will determine the number of days it takes from the time of purchase to getting money in the bank and the impact on

NAME LINK

How-To Guide for Creating a Business Budget

Tool - How-To Guide for Creating a Business Budget This "how-to" guide provides a high-level overview of the seven steps required to create a business budget and offers links to existing templates that companies can access online for free. Note: this is a third-party resource published by Bench.

A Guide to the IFRS for SMEs

IFRS for SMEs Standards Supporting Materials

IFRS for SMEs Modules

Tool - A Guide to the IFRS for SMEs

Tool - IFRS for SMEs Standards Supporting Materials

Tool - IFRS for SMEs Modules The International Financial Reporting Standard (IFRS) for SMEs is a set of globally accepted financial reporting principles tailored to SMEs' capabilities and needs. The IFRS organization published a guide, supporting materials, and a free self-guided training module that SMEs can use to better understand and apply the IFRS accounting principles to their company's financial reporting.

Accounting Policies & Procedures Manual

Tool - Accounting Policies & Procedures Manual While there are several examples of accounting policies and procedures manual templates available online, RENEW finds this manual to be comprehensive without being overburdensome. RENEW updated it to fit the context of SMEs operating in Africa. SMEs can adopt the sample accounting policies and

USE

cash by making marginal improvements to the seven levers of cash flow.