By Kofi Ahovi Venture Capital Trust Fund (VCTF) has organized a 3-day training workshop for its investee companies that have received investment approval from the fund. The training workshop formed part of VCTF’s Technical Assistance (TA) program of equipping them with skills to enhance their performance. The maiden workshop centred on financial reporting and management and entrepreneurship training. The purpose of the training program was to deepen the understanding of sound financial management and how to effectively report on company’s finances to ensure compliance. The participants were taken through the preparation of cash flow statements, income statements and balance sheet. Others included the preparation of monthly, quarterly and annual reports, internal auditing as well as compliance with Internal Revenue Service (IRS), Value Added Tax (VAT) and Social Security and National Insurance Trust (SSNIT) requirements. The TA programme is in three folds; capacity building, corporate m...