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Monday, 23 January 2017


Tuesday, 10 November 2015

Finance sample

Financial planning is a continuous process of directing and allocating financial resources to meet strategic goals and objectives. The output from financial planning takes the form of budgets. The most widely used form of budgets is Pro Forma or Budgeted Financial Statements. The foundation for Budgeted Financial Statements is Detail Budgets. Detail Budgets include sales forecasts, production forecasts, and other estimates in support of the Financial Plan. Collectively, all of these budgets are referred to as the Master Budget.
We can also break financial planning down into planning for operations and planning for financing. Operating people focus on sales and production while financial planners are interested in how to finance the operations. Therefore, we can have an Operating Plan and a Financial Plan. However, to keep things simple and to make sure we integrate the process fully, we will consider financial planning as one single process that encompasses both operations and financing.

Start with Strategic Planning

Financial Planning starts at the top of the organization with strategic planning. Since strategic decisions have financial implications, you must start your budgeting process within the strategic planning process. Failure to link and connect budgeting with strategic planning can result in budgets that are "dead on arrival."
Strategic planning is a formal process for establishing goals and objectives over the long run. Strategic planning involves developing a mission statement that captures why the organization exists and plans for how the organization will thrive in the future. Strategic objectives and corresponding goals are developed based on a very thorough assessment of the organization and the external environment. Finally, strategic plans are implemented by developing an Operating or Action Plan. Within this Operating Plan, we will include a complete set of financial plans or budgets.
Financial Plans (Budgets) Þ Operating Plan Þ Strategic Plan
NOTE: Short Course 10 describes how to prepare a Strategic Plan.

The Sales Forecast

In order to develop budgets, we will start with a forecast of what drives much of our financial activity; namely sales. Therefore, the first forecast we will prepare is the Sales Forecast. In order to estimate sales, we will look at past sales histories and various factors that influence sales. For example, marketing research may reveal that future sales are expected to stabilize. Maybe we cannot meet growing sales because of limited production capacities or maybe there will be a general economic slow down resulting in falling sales. Therefore, we need to look at several factors in arriving at our sales forecast.
After we have collected and analyzed all of the relevant information, we can estimate sales volumes for the planning period. It is very important that we arrive at a good estimate since this estimate will be used for several other estimates in our budgets. The Sales Forecast has to take into account what we expect to sell at what sales price. 
Product             Volume                        Price                Total Sales
Lace Shoes      16,000             $ 45.00                        $ 720,000

Percent of Sales

We now need to estimate account changes because of estimated sales. One way to estimate and forecast certain account balances is with the Percent of Sales Method.  By looking at past account balances and past changes in sales, we can establish a percentage relationship. For example, all variable costs and most current assets and current liabilities will vary as sales change.

Tuesday, 20 October 2015

Ugandan University talk of the day

According to renown researcher Moira Peelo and Terry Wareham consider what lecturers can do when promising students perform badly:
Failure is part of university life and yet a failed student can say as much about their lecturers.
Students do fail exams and failure does matter. Even though end-of-course marks for many degrees no longer depend entirely on exams, exam performance still counts. When exams are important then failure is an issue. Where exams matter, then resits at the end of the semester are the reality for some students.

Thursday, 8 October 2015


Wednesday, 7 October 2015

Visual basic code and connecting library 2015

It is a must to us this import in vb
Imports MySql.Data.MySqlClient

The below codes are for login

            Dim myConnection As String = "datasource=localhost;port=3306;username=root;"
            Dim mycon As MySqlConnection = New MySqlConnection(myConnection)
            Dim SelectCommand As MySqlCommand = New MySqlCommand("Select * from  TrialsinVb.login where UserName='" & usern.Text & "' and PassWord='" & pass.Text & "';", mycon)
            Dim myReader As MySqlDataReader

            myReader = SelectCommand.ExecuteReader()
            Dim count As Integer = 0
            If (myReader.HasRows()) Then
                count = count + 1
            End If
            If (count = 1) Then
                MessageBox.Show("username and password correct and access granted")
                usern.Text = ""
                pass.Text = ""
                Me.Visible = False
            ElseIf (count > 1) Then
                MessageBox.Show("Duplicate user in the database and access denied")
                MessageBox.Show("username and password combination does not macth")
            End If
        Catch ex As Exception
        End Try
The login codes ends here

The below codes saves to the database
            Dim myConnection As String = "datasource=localhost;port=3306;username=root;"
            Dim mycon As MySqlConnection = New MySqlConnection(myConnection)
            Dim SelectCommand As MySqlCommand = New MySqlCommand("insert into  TrialsinVb.register(FirstName,LastName,OtherName,Telephone) values('" & f.Text & "','" & l.Text & "','" & o.Text & "','" & t.Text & "') ", mycon)
            Dim myReader As MySqlDataReader
            myReader = SelectCommand.ExecuteReader()
            MessageBox.Show("Data has been saved")
            l.Text = ""
            f.Text = ""
            o.Text = ""
            t.Text = ""
        Catch ex As Exception
        End Try

The code ends here
The code below calls data from database to  the gridview
Public Sub fill_data_grid_view()
            Dim constring As String = "datasource=localhost;port=3306;username=root;"
            Dim conDatabase As MySqlConnection = New MySqlConnection(constring)
            Dim cmdDatabase As MySqlCommand = New MySqlCommand("Select * from  TrialsinVb.register ", conDatabase)
            Dim sda As MySqlDataAdapter = New MySqlDataAdapter()
            sda.SelectCommand = cmdDatabase
            Dim dbDataset As DataTable = New DataTable()
            Dim bSource As BindingSource = New BindingSource()
            bSource.DataSource = dbDataset
            DataGridView1.DataSource = bSource
        Catch ex As Exception
        End Try
The code ends here
The code be called gridview to be active on click
Dim i As Integer
        i = DataGridView1.CurrentRow.Index
        Me.f.Text = DataGridView1.Item(0, i).Value
        Me.l.Text = DataGridView1.Item(1, i).Value
        Me.o.Text = DataGridView1.Item(2, i).Value
        Me.t.Text = DataGridView1.Item(3, i).Value
The code ends here

The code below calls for report

            Dim myConnection As String = "datasource=localhost;port=3306;username=root;"
            Dim mycon As MySqlConnection = New MySqlConnection(myConnection)
            Dim myDataAdapter As MySqlDataAdapter = New MySqlDataAdapter()
            myDataAdapter.SelectCommand = New MySqlCommand("Select * from  trialsinvb.register;", mycon)
            Dim cb As MySqlCommandBuilder = New MySqlCommandBuilder(myDataAdapter)
            Dim ds As DataSet = New DataSet()
            Dim crp As CrystalReport1= New CrystalReport1()
            CrystalReportViewer1.ReportSource = crp

        Catch ex As Exception


        End Try
The code ends here

The code below must be used when ever you change from on target platfor to another

<?xml version="1.0"?>
  <startup useLegacyV2RuntimeActivationPolicy="true">
    <supportedRuntime version="v4.0"/>

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