Financial Management

Financial Management is one of the most important aspects of business that focuses on the foundations of finance concepts required to be capable of managing day-to-day financial operations and solving complex financial matters. It involves the strategic planning, organizing, directing, and controlling of financial undertakings in an organization. You’ll examine the elements of financial statements of an entity and the impact of changes in one element on the other.

This course is aimed at equipping the participants with the knowledge and skills to apply financial management tools and techniques in business towards decision-making.

This training will highlight:

• Financial planning and budgeting
• Fundamentals of financial accounting
• Analyzing and interpreting financial reports
• Effective management of cost and cash flow
• Implementation of  effective internal control systems
• Making informed and accurate financial decisions
• Strategic financial management
• Cost analysis and Cost principles.

Workshop objectives:

• Understand financial planning and budgeting
• Understand the fundamentals of financial accounting
• Analyze and interpret financial reports
• Effectively manage cost and cash flow
• Implement effective internal control systems
• Make informed and accurate financial decisions
• Apply strategic financial management to add value to the budget execution process
• Undertake cost analysis and apply strategic management and costing principles to support improved decision making

Training Methodology

This course will be conducted physically and virtually simultaneously, with formal presentations and an interactive training manual. It will be delivered by seasoned trainers with vast experience in their respective fields of practice. The course is taught through a mix of practical activities, theories, group activities, and case studies. The session will be wrapped up by an industry expert to share practical experience related to the course topic, and a Q&A session with the participants.