Frank Salisbury

This course will enable delegates to understand and apply appropriate strategic financial management tools, evaluate financial management options and assess and evaluate proposed strategies in the context of management needs and organisational policies. This participative course will cover the principles, techniques and skills involved in effective strategic financial management.

WHO SHOULD ATTEND

This is designed for finance professionals, senior business executives, strategic and business development planners and project managers who wish to enhance their skills and help direct the organisation towards a leading role in the global environment.

COURSE PROFILE

• Introduction to financial strategy

-          Financial and corporate objectives

-          Key financial management decisions

-          Shareholder wealth maximisation

-          Benchmarking

-          Balanced Scorecard

• Working capital management

-          Cash flow management

-          Inventory management

-          Management of trade receivables and payables

-          Cost of working capital

-          Financial modelling

-          Sources of finance: equity

-          Capital markets

-          Types of equity

-          Right issues

• Sources of finance: Debt

-          Sources of long-term debt finance

-          Assessment of creditworthiness

-          Lease vs buy decision

• Weighted average cost of capital (WACC)
• Cost of equity:  Dividend valuation model
• Capital asset pricing model
• Risk, its nature and project appraisal

-          Capital investment appraisal and management

-          Review of Discounted Cash Flow (DCF)

-          DCF appraisal of overseas projects

• Impact of financing decisions, Capital structure and risk

SKILLS ATTAINED

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

• Create a cash flow management process
• Develop financial strategy
• Create inventory management procedures
• Conduct a risk appraisal
• Design financial models
• Perform market analysis
• Conduct financial analyses
• Assess weighted average cost of capital
• Review discounted cash flows