Finance for Strategic Managers

The learners will develop knowledge, understanding and skills that will enable them to analyse internal and publicly available financial information. This will help to inform strategic decision making.

Awarding Body

ATHE/LIBT

Duration

25 Hours

Start Date

All Year Around

Study Mode

Classroom Workshop

By the end of this programme, the participant will be able to:

  • Understand the importance of financial data in formulating and delivering business strategy
  • Be able to analyse financial data for an organisation in order to inform strategic decision making purposes
  • Be able to evaluate proposals for strategic decisions on capital expenditure in an organisation
  1. Understand the importance of financial data in formulating and delivering business
  • Strategy
    • Sources of financial information: Internal (internal accounting systems, payroll etc.), External (suppliers, Companies House, the Budget etc.)
    • Financial information: Profitability, Cash flow, Business value, Financial stability, Cost projections.
    • Need for financial information: Assessing finance requirements, obtaining finance, reporting to owners, shareholders and stakeholders, Setting and meeting targets, Appraising new projects, Managing risk, Internal needs v External needs.
    • Business risks: Strategic, Market, Compliance, Operational, Risk modelling.
  1. Be able to analyse financial data for an organisation in order to inform strategic decision making purposes
  • Published accounts: Purpose, Provide information to shareholders/stakeholders, Users – for example, shareholders, potential shareholders, managers, employees, lenders, creditors, suppliers, customers, community, competitors, Annual reports, including main financial statements (statements of financial position, income statements, sources and statements of cash flows), director’s report, audit report, notes to accounts etc., Internal management accounts versus published financial accounts, Structure of financial statements – content and requirements, Limitations of published accounts.
  • Comparative analysis: Comparison between years, Comparison between businesses, Industry comparisons, Benchmarking.
  • Ratio analysis: Reasons for using ratios, advantages and limitations, Ratio categories, including profitability, liquidity, efficiency, capital and investor.
  1. Be able to evaluate proposals for strategic decisions on capital expenditure in an organisation
  • Types of expenditure, difference between capital and revenue expenditure (definitions, decision making, treatment in financial statements)
  • Investment appraisal techniques: Payback, Accounting rate of return, Net present value, Internal rate of return, Discounted cash flow, Cost benefit analysis, Value for money.
  • Long term and short term finance: Definitions of long term and short term, Importance of matching finance to project.
  • Sources of finance: Range of sources, External and internal sources, Role of markets, Role of government, Long term and short term, Advantages and disadvantages of each source, Implications of each source, for example gearing.
  • Cash flow management: Cash flow forecasts v Cash flow statements, Managing inventory, trade payables, trade receivables, etc., Budgetary control processes – budgets and variances.
  • Entry Level Managers

How many students are there in a classroom?

It depends on how many would enroll per intake. Even if the number of students are just 1, we still continue with the training as planned. The maximum number of students we will have in a classroom is 10.

Can I request a date that is convenient for me?

Absolutely! We will arrange the training that is convenient for you. The training date is completely customizable.

Can I change the course content?

Yes, if the contents of the course needs to be changed, please let us know. We will communicate with you and get a course outline that works for you finalized.

Does it matter which industry I work at?

It really doesn’t. We take cases and discuss them to cover your industry. If you need the course to be customized and tailored to your industry, we can also do that. You’d have to let us know in advance by filling out the form below.

(The fees include coffee breaks, study materials and working lunches daily)

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