Foundational Finance For Strategic Decision Making

Introduction

The relationship with strategic decisions, financial planning and principles of finance is critical in performance of predetermined objectives of the organization.

The course will expose the participants to make informed strategic financial decisions and apply in real-life business situations the effective use of the financial tools, techniques and know-how.

The course will illustrate and reinforce the practical application of best practice relating to appropriate risk management of interest rates and foreign currency exchange rates exposures.

These foundational skills solidify the organization’s economic survival, development and growth, and this training course will enable non-financial and financial professionals at all level to improve financial performance by making better-informed decisions.

Course Objective

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

• Apply Technique Of Discounted Cash Flow (DCF) For Capital Investment Appraisal And Budgeting
• Improve Their Decision-Making Skills To Maximize Shareholder Wealth
• Recognize And Assess The Alternative Sources Of Internal And External Financing
• Examine And Clarify Key Financial Statements Linking Them To Financial Planning, Budgeting And Decision-Making
• Manage Alternative Costing Systems For Improved Budgeting And Financial Performance
• Employ Appropriate Risk Management Of Interest Rates And Foreign Currency Exchange Rates Exposures

COURSE OUTLINE

MODULE 1: STRATEGIC MANAGEMENT RELATIONSHIP

• Decision- Making
• Financial Planning and Budgeting in Setting Corporate Objectives
• Accountability for Creating Value
• Maximisation of Shareholder Wealth
• Maintaining Good Corporate Governance

MODULE 2: THE FINANCIAL STATEMENTS

• Income Statement
• Balance Sheet
• Financial Decision- Making & Statement of Cash Flows
• Financial Planning and Modelling
• Determination of Financing Requirements

MODULE 3: INTERNAL AND EXTERNAL FINANCING

• Sources of Internal and External Financing
• Cost of Equity & Cost of Debt
• WACC & Optimisation of Capital Structure
• Refining the Costing Systems and Measurement Systems
• Supporting Financial Decision Making with ABM

MODULE 4: CAPITAL INVESTMENT PROJECTS

• Capital Investment Projects Appraisal using ARR,
• Payback
• DCF methods of EAC, NPV, IRR, MIRR, and PI,
• Sensitivity Analysis
• Scenario Analysis and Simulation

MODULE 5: PERFORMANCE OF THE STRATEGIC OBJECTIVES

• Strategic Objectives relating to Key Performance Indicators (KPIs)
• Exposures to Fluctuations in Interest Rate and Foreign Currency Exchange Rate
• Managing Financial Risk using Hedging and Insurance

Who Should Attend?

Finance professionals – Accountants, controllers, finance directors

Business professionals – in manufacturing, engineering, human resources, and project management roles

Delivery Method: This will include combine lectures, discussions, group exercises, case studies and illustrations. Participants will also understand the theoretical and practical knowledge of the topic.

Venue: Dubai

Fee: Open

Duration: 1 week

Course Date: April 22nd – 29th 2024