Strategic financial management
This course will help you develop a comprehensive understanding of terminology, financial information, budgetary management and strategic financial decision making.
Managers, budget holders, project managers, head of business sector, entrepreneurs, owners, directors, executives, non-executives, trustees and governors with financial responsibility and decision-making authority in private, public and not-for-profit organisations.
To gain an understanding of financial terminology, to use financial information to make informed strategic decisions and to contribute to effective resources and budget management.
By the end of the programme you will:
Understand financial terminology
Recognise the key elements within the Balance sheet, Income statement (P&L) and Cash flow statement
Comprehend how financial statements illustrate performance
Appreciate the relationship between profit and cash flow
Analyse financial reports to interpret and assess business performance
Analyse variances using budget and forecast information
Apply financial skills to projects to assess viability
Appreciate how financial strategy can be used to minimise risk
Contribute to formulating financial strategy for effective resource management
Be more confident dealing with accountants and other specialists
Usually delivered as a 2 or 3 day workshop. Other options available to suit.
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