Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Strategic Financial Management

By: TSI Limited

Lagos State, Nigeria

12 - 14 Nov, 2018  3 days

Follow Event

  

NGN 180,000

Strategic Financial Management" refers to both - the financial implications and aspects of various business strategies and the strategic management of finance. If a company wants to be a blue-chip enterprise or a great enterprise for an all-time investment, it will have to adopt strategic approaches to cost management, sales and revenue management, fund-raising and fund-development and cost-benefit analysis for every prime decision of expansion, diversification, downsizing and renovation

Learning Objectives:

At the end of this session, participants will be able to:

  • Show the limitations of traditional accounting models in an increasingly dynamic and fast changing world
  • Contribute more effectively to corporate strategy by taking a more proactive and forward looking approach
  • React to conditions of rapid change through enhanced awareness, anticipation and adaptation
  • Use alternative expressions of profit that start with a recognition of the impact on cash flow of the various stakeholders in a company
  • Monitor the success of projects, strategies and even total businesses by articulating npvs over time
  • Demonstrate confidence in decision making and dealing with accountants and other specialists
  • Assess the strategic financial performance of the company and compare it with that of competitors 
  • Recognise the significance of cash flow and working capital management 
  • Recognise the concepts of strategic price setting 
  • Recognise how strategic financial management fits together in an integrative model

Course Outline

Introduction to Accounts  

  • Why are accounts needed?
  • Key conventions and rules
  • Financial accounts
  • Management accounts
  • Analyzing key financial statements

Strategic analysis of financial performance

  • Ratio analysis
  • The "Weinstock" performance ratios
  • Competitor analysis
  • Benchmarking

Analyzing the cost structure

  • Different types of cost - fixed, variable
  • Marginal costing
  • Full costing
  • Cost drivers and activity based costing
  • Breakeven and contribution analysis
  • Margin analysis

Cash flow and working capital control

  • The cash flow cycle-Measures of solvency
  • Capital investment budgeting

Financial control of the business

  • The whole company budget process
  • Integrating forecasting planning and budgeting
  • Driving performance improvement through the budget
  • Setting appropriate KPI's-Performance review process
  • Multi -year budgeting

Pricing issues

  • Price differentiation
  • The supply and demand relationship
  • The significance of volume and the experience curve
  • Continuous improvement
  • Dealing with competition
  • Investment appraisal
  • Cash versus profit measures
  • Forms of appraisal
  • payback, DCF, IRR-Allocating scarce funds
  • Funding growth
  • Sources of additional funds
  • The significance of gearing
TSI CLASS, 4, Akinpelu Street, Lagos-Ibadan Express Road, Behind Femak Petrol Station, Ibafo Bus stop, Ibafo, Ogun State. Nov 12 - 14 Nov, 2018
NGN 180,000.00
(Convert Currency)

+1-646-202-8832, 08033467639, 08023019508

10% Discount available
NST PPC Advert
Related Courses
Effective Budgeting and Financial Management Effective Budgeting and Financial Management

3 days, 21 - 23 May, 2018 

2018-05-21 12:05:00
Lagos State, Nigeria

TSI Limited

Financial Planning and the preparation of budgets are essential skills for anyone in the position of responsibility. Many budget holders are also responsible for setting selling prices and ...

Inventory Management Inventory Management

3 days, 29 - 31 Oct, 2018 

2018-10-29 12:10:00
Lagos State, Nigeria

TSI Limited

Supply chain management and logistics encompasses all the activities involved in getting products to consumers including planning, storing, moving, and accounting for inventory. Inventory ...

Fundamental of Interest Rate Market Fundamental of Interest Rate Market

3 days, 20 - 22 Aug, 2018 

2018-08-20 12:08:00
Lagos State, Nigeria

TSI Limited

This training course aims to introduce the fundamental mechanisms and the main instruments of the interest rate market: monetary market, bond market, cash and derivatives. Practical applications and ...

The Fraud Policy The Fraud Policy

2 day, 03 - 04 May, 2018 

2018-05-03 12:05:00
Lagos State, Nigeria

TSI Limited

Organizations should put in place what is known as the “Fraud Policy” to spell out what constitutes an act of fraud by staff, vendors/suppliers, management and owners. The policy would ...