By the end of this course, delegates will be able to:

• Use and evaluate the various techniques of capital investment appraisal
• Develop appropriate financial strategies
• Relate financial strategy to business strategy
• Effectively manage cash and working capital to reduce costs and improve cash flow
• Master traditional techniques and recent best practices
• Link finance and operation for budgeting purposes and strategy execution
• Understand and manage an efficient costing system
• Learn how to build a comprehensive performance measurement system

Financial Strategy and Corporate Behaviour

• Corporate objectives and financial strategy
• Financial statements – analysis and interpretation
• Risk and company financing
• Cost of equity and debt capital
• Agency theory
• Corporate governance
• Financial statements and regulation
• Financial Strategy and Stages of Corporate Development

Financial analysis – analysis and interpretation

• Strategic development – analytical techniques
• Du Pont analysis
• The business life cycle
• Capital structure and weighted average cost of capital (WACC)
• Dividend policy
• Cash & working capital
• Working capital ratios
• Z scores & credit ratings

Costs & Value Management

• Cost and value
• Cost analysis and control
• Strategic approaches to cost reduction and cost management
• Cost structure and breakeven
• New theories and practice in cost analysis: control and management
• Value management
• Value based pricing
• The value chain
• Financial strategy and integrated cost / value analysis

Budgeting, Planning and Business Strategy

• Strategy models
• Business strategy related to financial strategy
• Planning and budgeting models
• Linking budgets to business and financial strategy
• Build managing
• Delegating budgets effectively
• Beyond budgeting

Investment Strategy: Capital Investment Decisions

• Discounted cash flow (DCF)
• Evaluating capital investment projects
• Comparison of alternative methods of investment appraisal
• Capital budgeting
• Restructuring, Reorganizations, Mergers and Acquisitions
• Reasons and justifications for mergers and acquisitions
• Share valuation models and financing acquisitions
• Financial strategy in acquisitions and takeover bid defenses
• Business restructuring and reorganizations

Finance Professionals, Finance Managers, Senior Accountants, Accounting & Budgeting Personnel, Corporate Controllers, Financial Controllers, Treasury Professionals, Chief Accountants, Accounting Managers, Accounting Professionals, Financial Executives, Auditors, Financial Analysts, Bankers, Investment Bankers, Senior Accountants, Banking Professionals, Corporate Business Professionals, all accounting and finance professionals who are currently working, or seeking to work, in the financial planning, analysis, budgeting and forecasting domain within their organizations