A basic introductory course in financial management that offers participants an insight into financial decisions and instruments. The training program outline is up to date and pertinent to marketplace requirements, thus catering well to all analytical prediction of training needs in the specified area. A customised proposal can also be arranged, to suit the training requirement of your team.
Who Should Attend?
- Concept of Financial Management
- Accounting versus Finance: Rules and Responsibilities
- The Three Pillars of Finance
- Financing Decisions
- Investing Decisions
- Operating Decisions
- The Key Financial Statements
- Understanding the Accounting Cycle
- The Six Main Accounts in Financial Statements
- The Cycle of Financial Statements
- Income Statement
- Owners’ Equity
- Balance Sheet
- Cash Flow Statement and Cash Flow Rules
- Annual Reports, Auditors’ Opinion, and Financial Disclosures
- Mapping the Three Pillars of Finance to Financial Statements
- Analysis of Financial Statements
- Judging the Health of the Business
- Vertical, Horizontal, and Trend Analysis
- Income Statement Ratios
- Balance Sheet Ratios
- Analysing and Interpreting Company Annual Reports
- Different Measures of Profitability
- Reading through the Numbers
- Working Capital and the Financing Decision
- Why Manage Working Capital?
- Current Asset Classification
- The Trade-Off in Working Capital Management Strategies
- Sources of Short-Term Financing
- Balancing Profitability and Liquidity
- Break-Even Analysis and Decision Making
- Understanding Break-Even Analysis
- Fixed and Variable Cost Behaviour
- Decision-Making Using Contribution Margin
- Budgeting Process and Techniques
- Importance of Budgeting
- Main Methods in Budgeting
- Incremental Budgets
- Zero-Based Budgeting
- Activity-Based Budgeting
- Participative Budgeting
- The Budgeting Process
- Budgetary Cost Control
- Capital Projects
- Time Value of Money
- The Capital Budgeting Decision
- Methods in Evaluating Capital Projects
- Net Present Value and Internal Rate of Return
- Explain the functions of financial management and its role in running businesses
- Communicate effectively with finance professionals by using common financial language
- Define the four key financial statements: balance sheet, income, cash flow and changes in owners’ equity as well as key financial terms used in organizations (e.g. profit, margins, leverage, etc.)
- Interpret the financial health and condition of a company, division or responsibility centre
- Apply capital budgeting techniques and cost-volume-profit analysis to enhance decision making
- Use financial information to manage and evaluate their company or department operations
- All our courses can be facilitated as Customized In-House Training course.
- Course duration is flexible and the contents can be modified to fit any number of days.
- As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
- The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
- FREE Consultation and Coaching provided during and after the course.