Timothy Harris

Accurate financial analysis enables organisational growth and maximum return on investment. This course reviews key techniques in budgeting, financial planning and analysis and examines the importance of cost control in managerial activities. In addition, delegates will be encouraged to develop solutions to financial analysis and budgeting dilemmas in order to improve an organisation's financial profits.

WHO SHOULD ATTEND

This informative course is designed for non-financial managers who need to become familiar with the concepts and techniques of budgeting and financial analysis.

COURSE PROFILE

The strategic plan. Financial strategy and the annual budget

Capital budgeting. Evaluation of projects using investment appraisal techniques - Evaluation of alternative appraisal techniques

External analysis. Evaluation of financial statements and report preparation - Identifying the limitations of financial statements

Computerised budgeting. Budget preparation

Alternative budgetary techniques. Zero based budgeting - Activity based budgeting - Flexible budgeting

The “Learning Curve”

Break–even analysis

Financial performance measurement. Responsibility accounting - Divisional performance - Transfer pricing

Analysing and presenting business information. Effective presentation for management

SKILLS ATTAINED

At the end of the course delegates will be able to:

Develop a capital expenditure budget
Create and asses operating budgets
Determine financial performance measures
Conduct a financial analysis
Create financial reports

RELATED COURSES

• Strategic Financial Management F46
• Budgeting and Forecasting for Modern Organisations F15