The Understanding finance to influence strategic decision making

Course Overview

This course allows the professional to get better understanding in finance to helps strategic decision making in business or in your organizations. Financial tool have significance role in decision making process and strategy. The outcome  describe the business currently and it is the most important practices in management. This training explains about the linking strategic and financial perspective, financial plan, technique of measurement financial system, how to select the methods in capital investment properly and managing financial risk.

The participant will be able to :

·       Develop the strategic that linking with objectives and financial issues.

·       Understand financial statement to create financial plan related with strategic

·       Understand the financial measurement systems appropriately  to improved financial performance

·       Identify and evaluate the capital investment and the methods to use properly

·       Apply the techniques of risk management in financial risk

Duration

 5 days

Who Should Attend

·       Operational Managers

·       Project Managers

·       Procurement Managers

·       Human Resources Managers

·       Marketing Managers

·       Business Development Managers

·       Strategic and Development Managers

·       Professional who interest in financial to support decision making in new projects

Course Outline

Day 1 - Strategic and Decision Making of Financial Overview

·       Vision, Mission, Objectives and Strategic

·       Strategic Implementation

·       Corporate Objectives and Accountability

·       Forecasting Financial Data

·       Strategic Planning and Budgeting

Day 2 - Financial Statement Fundamentals and Plan

·       Balance Sheet

·       Income Statement

·       Cash Flow Statement

·       Cost of Equity, Cost of Debt, and The Weighted Average Cost of Capital

·       Capital Structure Models

·       Preparing A Long-Term Financial Plan

Day 3 - Measurement Systems and Costing Systems

·       Direct and Indirect Costs

·       Fixed Costs and Variable Costs

·       Cost-Volume-Profit  Relationships

·       Break-even and Sensitivity Analysis

·       Activity Based Costing

·       Refining the Costing System

Day 4 - Capital Budgeting and Investment  

·       Capital Budgeting Principles

·       Capital Budgeting Methods

·       Methods of Evaluating Capital Investment Projects

·       Evaluation Methods:

o   Net Present Value (NPV)

o   Internal Rate of Return (IRR)

o   Modified Internal Rate of Return (MIRR)

o   Equivalent Annual Cost (EAC)

·       Which Investment Appraisal Methods to Use?

Day 5 - Financial Risk Management

·       Risk Management Principles

·       Types of Business Risk and Financial Risk

·       Risk Analysis

·       Insurance and Hedging

·       Interest Rate Risk

·       Foreign Currency Exchange Rate Risk