Strategic Financial Management (SFM)

Strategic Financial Management

In addition to the content of the Finance for non-financial managers course, we explore budgeting, contribution margin, profit management and financial management tools.

Aim:

To gain an understanding of financial terminology, financial reporting, the key principles of accounting, and to build confidence in financial matters.

Course content:

• Terminology and concepts
• Profit & Loss statement
• Balance Sheet
• Statement of Cash Flows
• The accounting process (from Trial Balance to financial statements)
• The statutory reporting requirement
• Scrutiny of accounts (audit)
• Interpreting accounts
• Cash flow management
• Financial planning considerations
• Costs and profit management
• Contribution and Break-even analysis
• Appraising capital projects.

Objectives:

  • By the end of the programme you will:
  • Understand financial terminology
  • Comprehend the Balance sheet and Profit & Loss reports
  • Understand the importance of cash flow management
  • Contribute to financial planning and decision making
  • Be more confident when dealing with finance and accountants
  • Make better decisions.

Duration:

Usually delivered as a 3 day workshop. Other options available to suit.

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