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Training Course on Financial Management

By: Devimpact Institute

Kenya

24 Feb - 07 Mar, 2025  12 days

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USD 2,300

Venue: Nairobi

Other Dates

Venue Date Fee  
Nairobi, Kenya 24 Mar - 04 Apr, 2025 USD2300
Nairobi, Kenya 21 Apr - 02 May, 2025 USD2300
Nairobi, Kenya 19 - 30 May, 2025 USD2300
Nairobi, Kenya 16 - 27 Jun, 2025 USD2300
Nairobi, Kenya 14 - 25 Jul, 2025 USD2300
Nairobi, Kenya 11 - 22 Aug, 2025 USD2300
Nairobi, Kenya 08 - 19 Sep, 2025 USD2300
Nairobi, Kenya 13 - 24 Oct, 2025 USD2300
Nairobi, Kenya 10 - 21 Nov, 2025 USD2300
Nairobi, Kenya 08 - 19 Dec, 2025 USD2300

Financial management is one of the most important aspects of business. It involves the strategic planning, organizing, directing, and controlling of financial undertakings i

Financial management is one of the most important aspects of business. It involves the strategic planning, organizing, directing, and controlling of financial undertakings in an organization. It also includes applying management principles to the financial assets of an organization, while also playing an important part in fiscal management.

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

Target Participants

Training on financial management targets professionals in finance, accounting, business administration and any other professional who wants to become an efficient finance manager.

Course Objectives

By the end of this training the participants will be able to: 

  • 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 Duration

Online: 14 Days

Classroom-based: 10 Days

Course Outline

Introduction to Financial Management 

  • Scope of Financial Management
  • Objectives of Financial Management
  • Functions of a finance manager
  • Importance of finance management
  • Organization of finance capitals
  • Working capital management
  • Resource mobilization
  • Evaluation of financing options

Financial Planning 

  • Defining financial objectives and goals
  • Gathering and analysis financial information
  • Developing a financial plan
  • Implementation and review of the financial planning.

Budgeting in Financial Management 

  • Understanding the budgeting process
  • Functions and types of budgets
  • Budget development
  • Budget management
  • Budget regulations/requirements

Cash Flow Management 

  • Cash flow forecasting
  • Consolidated budgets and budgeting for core costs
  • Elements of cash flow
  • Cash vs profit
  • Managing cash
  • Bank accounts management

Cost Management 

  • Understanding types of costs
  • Elements of cost
  • Cost Structures and Methods – costing services and products
  • Procurement
  • Cost allocations

Financial and Management Reporting

  • Importance of financial reporting
  • Understanding elements of financial statements
  • Financial statements; income statement, balance sheet, cash flow statement
  • Account management

Measuring Finance Performance 

  • Introduction to financial Analysis
  • Steps in financial analysis
  • Financial ratios
  • Budget monitoring
  • Cash flow monitoring

Internal Control Systems in Financial Management

  • Organization financial management policies
  • Role of audit
  • Financial fraud
  • Financial spending cross approvals
  • Risk management in project financial management

Integrating Management Reporting 

  • Identifying organizational key success factors
  • Measuring economy, efficiency, and effectiveness
  • Developing Key Performance Indicators
  • Use of balanced scorecards

Training Approach

This training on financial management is delivered by our seasoned trainers who have vast experience as expert professionals in the field of financial management. The course is taught through a mix of practical activities, theory, group work and case studies.

Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this course, participants will be issued with a certificate on financial management.

Tailor-Made Course

We can also do this as tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.

n an organization. It also includes applying management principles to the financial assets of an organization, while also playing an important part in fiscal management.

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

Target Participants

Training on financial management targets professionals in finance, accounting, business administration and any other professional who wants to become an efficient finance manager.

Course Objectives

By the end of this training the participants will be able to: 

  • 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 Duration

Online: 14 Days

Classroom-based: 10 Days

Course Outline

Introduction to Financial Management 

  • Scope of Financial Management
  • Objectives of Financial Management
  • Functions of a finance manager
  • Importance of finance management
  • Organization of finance capitals
  • Working capital management
  • Resource mobilization
  • Evaluation of financing options

Financial Planning 

  • Defining financial objectives and goals
  • Gathering and analysis financial information
  • Developing a financial plan
  • Implementation and review of the financial planning.

Budgeting in Financial Management 

  • Understanding the budgeting process
  • Functions and types of budgets
  • Budget development
  • Budget management
  • Budget regulations/requirements

Cash Flow Management 

  • Cash flow forecasting
  • Consolidated budgets and budgeting for core costs
  • Elements of cash flow
  • Cash vs profit
  • Managing cash
  • Bank accounts management

Cost Management 

  • Understanding types of costs
  • Elements of cost
  • Cost Structures and Methods – costing services and products
  • Procurement
  • Cost allocations

Financial and Management Reporting

  • Importance of financial reporting
  • Understanding elements of financial statements
  • Financial statements; income statement, balance sheet, cash flow statement
  • Account management

Measuring Finance Performance 

  • Introduction to financial Analysis
  • Steps in financial analysis
  • Financial ratios
  • Budget monitoring
  • Cash flow monitoring

Internal Control Systems in Financial Management

  • Organization financial management policies
  • Role of audit
  • Financial fraud
  • Financial spending cross approvals
  • Risk management in project financial management

Integrating Management Reporting 

  • Identifying organizational key success factors
  • Measuring economy, efficiency, and effectiveness
  • Developing Key Performance Indicators
  • Use of balanced scorecards

Training Approach

This training on financial management is delivered by our seasoned trainers who have vast experience as expert professionals in the field of financial management. The course is taught through a mix of practical activities, theory, group work and case studies.

Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this course, participants will be issued with a certificate on financial management.

Tailor-Made Course

We can also do this as tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.

Nairobi Feb 24 - 07 Mar, 2025
Nairobi, Kenya 24 Mar - 04 Apr, 2025
Nairobi, Kenya 21 Apr - 02 May, 2025
Nairobi, Kenya 19 - 30 May, 2025
Nairobi, Kenya 16 - 27 Jun, 2025
Nairobi, Kenya 14 - 25 Jul, 2025
Nairobi, Kenya 11 - 22 Aug, 2025
Nairobi, Kenya 08 - 19 Sep, 2025
Nairobi, Kenya 13 - 24 Oct, 2025
Nairobi, Kenya 10 - 21 Nov, 2025
Nairobi, Kenya 08 - 19 Dec, 2025
USD 2,300.00(Classroom-based (Online: $1400))
(Convert Currency)

Devimpact Institute +254714349537

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