Corporate Financial Planning, Budgeting & Control

This training course is suitable for:

• Non-financial and Financial Personnel
• Financial Decision-makers
• Professionals acting upon the financial decisions of others
• Analysts
• Managers involved in planning and decision-making
• Financial Planners
• Individuals with very basic financial knowledge
• Individuals with ambitions to work in finance-related fields
• Junior Managers involved in risk management
• Managers and those with financial responsibilities

Day 1: Corporate Financial Planning

• Strategic Planning and the Role of Financial Management
• Agency Theory and Shareholder vs. Management Objectives
• Preparing a Financial Plan: Master Budget and Forecasting
• Financial Modelling Techniques: Time Series, Regression, and Cash Flow Forecasting

Day 2: Financing the Plan

• Sources of Finance: Long-Term vs. Short-Term, Equity vs. Debt
• Evaluating Finance Types: Hybrid Financing and Financial Engineering
• Cost of Capital and Tools: WACC, CAPM, ARR
• Capital Budgeting: NPV, IRR, Payback, and Capital Rationing

Day 3: Preparing & Managing Budgets

• Budget Types: Fixed, Flexible, Zero-Based, Incremental
• Variance Analysis, Break-Even, and Sensitivity Analysis
• Activity-Based Budgeting and Costing
• Implementing Effective Budgets and Responsibility Accounting

Day 4: Managing Cash Flow

• Cash Flow vs. Profit: The Cash Conversion Cycle
• Working Capital Management and Ratios
• Preparing Monthly Cash Flow Forecasts

Day 5: Managing Financial Risk

• Types of Risk and Risk Management Strategies
• Identifying Quantitative and Qualitative Risks
• Hedging Techniques and Derivatives (Forwards, Futures, Options, Swaps)
• Managing Exchange Rate and Interest Rate Risks