Corporate Financial Planning
& Decision-Making, Costing Systems,
and Financial Reporting

08 - 12 April 2024
Sandton Centre Johannesburg South Africa

Register Now! Limited Seats Available!

R17, 999.00 Per Delegate

Course overview:

How do you know at any point in time whether your company is solvent? How do you deal with financial bottlenecks? Is there a way to determine the future of your business? The answer to these questions and more are found in establishing solid corporate financial planning.

The Corporate Financial Planning & Decision-Making, Costing Systems, and Financial Reporting Course is designed to enable delegates to make corporate financial decisions in an increasingly volatile international marketplace with the view to increase profitability, maintain liquidity and reduce financial risk is a challenge for all organizations regardless of their sizes.

Delegates will be able to understand the critical aspect of corporate decision making and enhance their knowledge from the development of a strategic corporate financial plan, the raising of finance, the preparation and management of budgets to support the plan, the management of financial risk and ultimately the measurement and evaluation of performance.

This course will highlight:

    • The Concept of Agency Theory
    • Risk Management
    • Managing and Controlling Cash Flow
    • Time-adjusted Valuation Methods
    • Financial Projections
    • SWOT Analysis

Course Objectives:

The objectives of this training course are to provide delegates with the necessary tools and techniques to enable them to:

    • Evaluate the various methods of finance and make successful capital investment decisions
    • Develop effective corporate financial plans aimed at maximising return and minimising risk
    • Prepare, manage and control budgets to support the corporate financial plans
    • Identify and manage financial risk effectively
    • Measure and manage performance effectively
    • Create opportunities for your personal development and increased financial awareness

Targeted Audience:

    • 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 managements
    • Managers and those with financial responsibilities

Course Outline:

Corporate Financial Planning      

    • Strategic Planning
    • The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
    • Agency Theory – The Relationship between Shareholders & Management
    • Creative Accounting and the Case of Enron
    • Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
    • Preparing a Financial Plan – The Master Budget
    • Forecasting Future Cash-flows and Financial Modelling
    • Time Series Analysis, Correlation & Regression

Financing the Plan

    • Sources of Finance – Long Term & Short Term
    • Evaluation of the Types of Finance – Equity vs. Debt Finance
    • Hybrid Finance & Financial Engineering
    • The Dividend Decision
    • The Cost of Capital and Weighted Average Cost of Capital (WACC)
    • Capital Asset Pricing Model (CAPM)
    • Accounting Rate of Return (ARR)
    • Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing & Payback

Preparing & Managing Budgets to Support the Financial Plans

    • Definition of Budgets, the Budgetary Process and Budgetary Control
    • Types of Budgets-Fixed, Flexible, Incremental and Zero Based
    • The Purpose / Benefits & Problems / Limitations of Budgets
    • Setting / Implementing Effective Budgets – Eliminating the Problems
    • Responsibility Accounting and Absorption Costing
    • Activity-Based Budgeting / Costing (ABB, ABC)
    • Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity / What If Analysis
    • What-If Analysis combined with Du-Pont Analysis

Managing and Controlling Cash Flow to Support the Financial Plan

    • Cash vs. Profit & The Cash Conversion Cycle
    • Calculating and Managing the Cash flow Cycle
    • Cash Flow Ratios
    • Working Capital
    • The Cost of Maintaining Working Capital
    • Maintaining the Optimum Level of Working Capital
    • Working Investment Ratios
    • Preparing a Monthly Cash Flow Forecast

Managing Financial Risk     

    • Risk Management & Types of Risk
    • Identifying Risk – SWOT Analysis
    • The Major Quantitative & Qualitative Risks Facing Companies
    • Establishing a Risk Management Strategy
    • Financial Risk Management & Hedging Techniques
    • Managing Exchange Rate & Interest Rate Risk
    • Derivatives-Forwards, Futures, Options & Swaps
    • Risk Management Glossary of Terms

End of the workshop

IN HOUSE AND ONLINE TRAINING

While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com