Key details
Mode of delivery: Classroom-based
Course code: AFB25B
Duration: 5 days
Fee: £4,585.00 + VAT
CPD Hours: 30
Course Overview
This five-day course offers a comprehensive overview of financial and strategic management. Participants will learn to prepare and analyse cash flow statements, understand the importance of financial management, and explore the value of shareholder reporting. The programme also covers strategic accounting, including the use of the balanced scorecard, managing risk and uncertainty, and setting performance objectives. Additionally, it examines how the role of the finance function is evolving to improve team effectiveness, align roles with organisational goals, and measure performance. The course concludes with a review and action planning to apply these concepts in practice.
Agenda
Day – 1 Cash-Flow Statements
- The different sources and importance of cash
- The difference between cashflow and profit
- How to prepare cashflow statements
Day – 2 Financial Management
- The importance of financial management
- How to analyse financial statements
- The value of shareholder reporting
Day – 3 Strategic Accounting
- Using the balanced scorecard model in business
- Why risk and uncertainty are important in business
- Performance management objective and tools
Day – 4 The Changing Role of the Finance Function
- Improving people
- Effectiveness in business
- Matching finance roles to objectives
- Measuring finance function performance
Day – 5 Course Review
- Summary and recap of key learning objectives
- Action planning
Target Audience
- Finance Officers and Assistants
- Junior to Mid-Level Accountants
- Business Analysts
- Budgeting and Planning Professionals
- Operational Managers seeking financial skills
- Newly appointed Finance Managers
- Non-finance professionals who need to understand financial documents
- Small business owners and entrepreneurs looking to improve financial literacy
- Public sector and NGO staff with budget or financial oversight roles
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Explain various sources of cash and their importance for operational sustainability.
- Differentiate between cash flow and profit, and understand their respective roles in financial planning.
- Prepare and interpret cash flow statements effectively.
- Understand the broader role and objectives of financial management.
- Analyse financial statements to evaluate business performance.
- Recognise the importance of transparent and informative shareholder reporting.
- Apply the Balanced Scorecard framework for strategic performance management.
- Understand the impact of risk and uncertainty on business operations and financial decisions.
- Use performance management objectives and tools to drive results across functions.
- Improve effectiveness of teams and individuals through financial awareness.
- Align finance roles with broader organisational goals and strategies.
- Measure and enhance the performance of the finance function using key performance indicators.
