Introduction

This keleaders training course on Corporate Financial Planning, Budgeting, and Control is designed to empower delegates to make informed corporate financial decisions in an increasingly volatile global marketplace. The challenge of enhancing profitability, maintaining liquidity, and minimizing financial risk is relevant to organizations of all sizes.

The course provides insights into critical aspects of corporate decision-making, guiding participants through the development of strategic financial plans, sourcing finance, preparing and managing budgets, and effectively managing financial risk. Ultimately, it aims to equip delegates with the skills to measure and evaluate performance.

Effective corporate planning, budgeting, and control are essential for aligning organizations with their mission, vision, and goals.

Key Features of the Course

– Understanding Agency Theory
– Risk Management Strategies
– Cash Flow Management and Control
– Time-Adjusted Valuation Methods
– Financial Projections Techniques
– SWOT Analysis for Strategic Planning

Objectives

By the end of this keleaders training course, delegates will be equipped to:

– Evaluate various financing methods and make informed capital investment decisions
– Develop robust corporate financial plans that maximize returns while minimizing risks
– Prepare, manage, and control budgets that support corporate financial goals
– Identify and effectively manage financial risks
– Measure and manage organizational performance efficiently
– Enhance personal development and financial acumen

Training Methodology

The course utilizes a practical case study approach, encouraging delegates to develop and manage a strategic corporate financial plan. With a participatory format, it incorporates practical examples, case studies, exercises, and discussion sessions to ensure the acquisition of transferable skills and in-depth understanding. Delegates will learn to make and justify financial decisions, manage budgets, minimize risks, and evaluate performance.

Organizational Impact

Attending this training course will enable delegates to:

– Develop transferable skills that enhance financial planning capabilities, leading to increased profits, improved cash flow, and minimized costs and risks
– Make informed management decisions based on a comprehensive analysis of various business challenges
– Evaluate different courses of action and provide sound recommendations using leading software
– Recognize the importance of effective planning, budgeting, and forecasting, thus making the capital budgeting process more efficient
– Apply different planning and forecasting techniques to real-world scenarios, enhancing organizational financial culture
– Share knowledge across departments to foster a stronger financial understanding within the organization

 Personal Impact

As a delegate, you will:

– Gain insights into major issues in international corporate finance and budgeting
– Enhance your professional skills in analysis, evaluation, and decision-making
– Make informed planning, budgeting, and forecasting decisions using various models and software
– Improve your finance and capital budgeting decisions, increasing your value to the organization
– Collaborate effectively with other departments on financial matters
– Identify opportunities for contributing to the financial performance of your organization, aiding in your career development

Who Should Attend?

This keleaders training course is suitable for:

– Non-financial and financial personnel
– Financial decision-makers
– Professionals involved in financial decision-making processes
– Analysts and managers engaged in planning and decision-making
– Financial planners and individuals with basic financial knowledge
– Those aspiring to work in finance-related fields
– Junior managers involved in risk management
– Managers with financial responsibilities

Course Outline

 Day 1: Corporate Financial Planning
– Strategic Planning Principles
– Objectives of the Firm: Meeting Shareholder and Stakeholder Expectations
– Agency Theory: The Relationship Between Shareholders and Management
– Creative Accounting: Lessons from Enron
– Scope and Responsibilities of Financial Management
– Preparing a Financial Plan: The Master Budget
– Forecasting Cash Flows and Financial Modelling
– Time Series Analysis, Correlation, and Regression

 Day 2: Financing the Plan
– Long-Term and Short-Term Financing Sources
– Evaluating Equity vs. Debt Finance
– Hybrid Finance and Financial Engineering
– The Dividend Decision
– Understanding the Cost of Capital and WACC
– Capital Asset Pricing Model (CAPM)
– Accounting Rate of Return (ARR)
– Net Present Value (NPV), Internal Rate of Return (IRR), Capital Rationing, and Payback Period

Day 3: Budget Preparation and Management
– Understanding Budgets and the Budgeting Process
– Types of Budgets: Fixed, Flexible, Incremental, and Zero-Based
– Benefits and Limitations of Budgets
– Setting and Implementing Effective Budgets
– Responsibility Accounting and Absorption Costing
– Activity-Based Budgeting and Costing (ABB, ABC)
– Variance Analysis and Cost Behavior
– Break-Even Analysis and Sensitivity Analysis
– What-If Analysis with DuPont Analysis

Day 4: Cash Flow Management
– Distinguishing Cash from Profit and Understanding the Cash Conversion Cycle
– Calculating and Managing Cash Flow Cycles
– Cash Flow Ratios and Working Capital Management
– Costs Associated with Maintaining Working Capital
– Optimizing Working Capital Levels
– Preparing Monthly Cash Flow Forecasts

Day 5: Financial Risk Management
– Understanding Risk Management and Types of Risk
– Identifying Risk through SWOT Analysis
– Major Quantitative and Qualitative Risks Facing Organizations
– Establishing a Risk Management Strategy
– Financial Risk Management and Hedging Techniques
– Managing Exchange Rate and Interest Rate Risk
– Understanding Derivatives: Forwards, Futures, Options, and Swaps
– Risk Management Glossary of Terms