FINANCIAL ANALYSIS: EVALUATION, BUDGETING AND DECISION MAKING

Introduction:

This course will provide you with critical skills such as financial forecasting, the formulation and interpretation of various scenarios, and the courage to talk persuasively and assuredly with colleagues and clients about your financial research, thus enhancing your credibility as a finance expert. You will achieve breakthroughs you may never have considered possible by applying these skills to the tasks and obstacles that you face in your work.

Course Objectives:

At the end of this course, participants will be able to:

• Describe the scope of, and relationship between basic financial statements
• Use financial statements to assess the financial and strategic success of an entity
• State the methods of Discounted Cash Flow (DCF) and their application to making financial decision
• Point out the main success drivers, early warning signs and signals of financial progress in your business
• Create a practical budget
• Identify and use sources of financial and business data to provide insights into business and financial strategies

Course Outline:

Day 1: Introduction to Financial Analysis

• What is Financial Analysis?
• The Financial Management position and responsibilities
• The link between accounting and finance
• Discussion of the basic financial statements and its functions
• ROI (Return on Investment) value and related metrics
• Financial Ratios

Day 2: Introduction to Financial Analysis (Cont’d)

• Concept of Free Cash Flow (FCF)
• Altman’s Z-score
• Dupont Analysis
• Systems of measuring Financial Performance
• Return on Equity (ROE)

Day 3: Evaluation of Information

• Interpreting new data
• Focusing on important metrics
• Short term performance assessment
• Benchmarking for testing purposes
• Calculating analysis results

Day 4: Budgeting

• What is budgeting?
• Budgeting strategies
• Implementation of budgeting strategy
• Budget purpose
• Budgeting framework
• Benefits and constraints of budgeting
• Preparation of budgets

Day 5: Budget Preparation

• Financial statements: Statement of Financial Position, Income Statement, Statement of Cash flow
• Capital Expenditure Budget
• Budget for sales and marketing
• Budget for different departments

Who should attend? Finance Professionals across all industry, persons holding a finance position in an organization

Delivery Method: Lectures, discussions, syndicate work, case studies, role – play and group exercises. Audio – Visual aids will be used to reinforce these training and learning methods.

Venue: Ghana

Fee: $5,000.00

Duration: 1 Week

Course Date: Jul 17^th – 21st 2023