This course will enable delegates to; understand and apply appropriate strategic financial management tools, evaluate financial management options and assess and evaluate proposed strategies in the context of management needs and organizational policies.
This programme will cover the principles, techniques and skills involved in effective strategic financial management, delegates will receive an understanding of the impact of financial management on corporate risk and how to contribute more effectively to corporate strategy by taking a more proactive and forward looking approach.
Who should attend?
This course is designed for finance professionals, senior business executives, strategic and business development planners and project managers who wish to enhance their skills and help direct the organization towards a leading role in the global environment.
This course assumes a working knowledge of financial accounting and financial statements though it is not necessary to be a qualified accountant to attend.
Financial strategy and its links to corporate strategy
- Establishing corporate objectives
- Aligning business and financial objectives
- Key financial management decisions
Working capital management
- Understanding the components of the cash operating cycle
- Improving profitability through effective working capital management
Sources of finance
- Debt finance
- Equity finance
- Making financing decisions
Capital investment appraisal
- Non-discounted methods of appraisal
- Discounted methods of appraisal
- Sensitivity analysis and uncertainty in investment appraisal
Financial risk and the impact of financing decisions
- An introduction to risk
- Risk and its link to capital structure
- Risk mitigation