The program will enable you to:

• Appreciate the importance of using the appropriate financial strategy to create shareholder value above market expectations
• Consider how corporate behavior impacts on achievement of corporate objectives, and the importance of corporate governance
• Understand financial strategy relating to stages of corporate development and capital structure
• Use and evaluate the various techniques of capital investment appraisal
• Effectively manage cash and working capital to reduce costs and improve cash flow
• Master the finance and accounting jargon to understand business processes
• Cost analysis for budgeting purposes and decision making
• Financial and operational measures to support the budgeting process
• Best practices to manage organizational performance
• Link strategy to costing and performance evaluation

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

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

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include:

• Lectures
• Workshop & Work Presentation
• Case Studies and Practical Exercise
• Videos and General Discussions

Financial Strategy and Corporate Strategy

• Combining corporate strategy and financial strategy
• Corporate governance
• Company financing and risk
• Financial statements – analysis and interpretation
• Cost of equity and debt capital
• Agency theory
• Financial statements and regulation

Financial Strategy and Stages of Corporate Development

• Financial analysis – analysis and interpretation
• EBIT, EBITDA & Operational Gearing
• Return on Capital Employed (ROCE)
• Capital structure and weighted average cost of capital (WACC)
• Economic Value Added (EVA)
• Du Pont analysis
• Working Capital Ratios & the Working Capital Requirement
• Cash Flow Ratios
• Shareholder value ratios & Dividend / Share Buyback policy
• 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

A RECTUS attendance certificate will be awarded to all participants who complete at least 80% of the total course duration.