Strategic Management Accounting (F45)

objectives

The programme will enable delegates to understand and apply appropriate strategic financial management tools and evaluate financial management options. It will also help them to 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 challenging programme 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 their organisations towards a leading role in the global environment.

programme profile

• Introduction to financial strategy
  • Financial and corporate objectives
  • Key financial management decisions
  • Shareholder wealth maximisation
• 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
  • Rights issues
• Sources of finance: Debt
  • Sources of long-term debt finance
  • Assessment of creditworthiness
  • Lease v buy decision
• Weighted average cost of capital (WACC)
  • Cost of equity: Dividend valuation model
• Share valuations
  • Efficient market hypothesis
  • Intellectual capital
  • Modigliani and Miller approach
• 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

To register for our Monthly Newsletter in which you'll find, not only additional information about our exciting courses, but business management news, please click here.