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Advanced Finance for Senior Managers and Directors

Course_Reference: 
HFAFNM
Manufacturer: 
0
Training_Provider: 
23
Summary: 

On this course we take a 'strategic management' perspective. That is to say we look

at the long term goals your organisation has, and explore how these can be achieved.

Audience: 

  • Those who want a financial course with more challenge.
  • Managers seeking promotion who want the higher skills to get them there.
  • Business owners and managers who need to communicate with stakeholders,

investors, funders, banks, etc.

  • Those who have attended Finance for Non-Financial Managers and are

looking to progress to a more strategic course.

Objectives: 

  • Think about financial strategy as well as just the numbers.
  • Detect and manage the way figures can be manipulated.
  • Appraise and monitor business performance using key ratios.
  • Perform a financial review and draft a business plan.
  • Financially appraise business proposals.
  • Be a bigger player in the corporate forecasting and budgeting cycle.
  • Communicate at a more senior level with financial concepts.

Day 1:

  • What makes a strategic thinker in finance?
  • Analysing the profit and loss account and balance sheet
  • Using key ratios for organisational performance
  • Internal and external financial and business analysis

Day 2:

  • Implementing financial strategy
  • Ten steps to a successful business plan
  • More effective forecasting and budgeting
  • Communicating financially

We explore financial performance in greater detail than normal, challenging you with

the nine key ratios every business thinker should know. We look at three approaches

to ratios:

  • Investor and stakeholder appraisal;
  • Checking the financial health of an organisation
  • Measuring operational effectiveness

This gives us useful insight into the viewpoints of stakeholders, bank lenders and

business partners, and operational directors with responsibility for performance, all of

whom use different measures of performance.

In helping you become a more 'key player', we take you through the essentials of

business planning.

  • For internal analysis we look at some models for business and financial

analysis of your current products and activities

  • For external analysis we explore ways in which you can appraise your market

and gain improved positioning and competitive advantage

To consolidate this knowledge, we take you through the key methods of

implementing strategy and evaluating options, including:

  • Cash flow forecasts, payback period and cost-benefit analysis
  • Ten steps to a successful business plan
  • Effective forecasting
  • Negotiating the budget process with flair
Description: 

On this course we take a 'strategic management' perspective. That is to say we look

at the long term goals your organisation has, and explore how these can be achieved.