Corporate Financial Planning, Budgeting & Control


OBJECTIVES

  • Evaluate the various methods of finance and make successful capital investment decisions
  • Develop effective corporate financial plans aimed at maximising return and minimising risk
  • Prepare, manage and control budgets to support the corporate financial plans
  • Identify and manage financial risk effectively
  • Measure and manage performance effectively
  • Create opportunities for your personal development and increased financial awareness

Outline

Corporate Financial Planning      
  • Strategic Planning
  • The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
  • Agency Theory – The Relationship between Shareholders & Management
  • Creative Accounting and the Case of Enron
  • Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
  • Preparing a Financial Plan – The Master Budget
  • Forecasting Future Cash-flows and Financial Modelling
  • Time Series Analysis, Correlation & Regression
 
Financing the Plan
  • Sources of Finance – Long Term & Short Term
  • Evaluation of the Types of Finance - Equity vs. Debt Finance
  • Hybrid Finance & Financial Engineering
  • The Dividend Decision
  • The Cost of Capital and Weighted Average Cost of Capital (WACC)
  • Capital Asset Pricing Model (CAPM)
  • Accounting Rate of Return (ARR)
  • Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing & Payback
 
Preparing & Managing Budgets to Support the Financial Plans
  • Definition of Budgets, the Budgetary Process and Budgetary Control
  • Types of Budgets-Fixed, Flexible, Incremental and Zero Based
  • The Purpose / Benefits & Problems / Limitations of Budgets
  • Setting / Implementing Effective Budgets - Eliminating the Problems
  • Responsibility Accounting and Absorption Costing
  • Activity-Based Budgeting / Costing (ABB, ABC)
  • Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity / What If Analysis
  • What-If Analysis combined with Du-Pont Analysis
 
Managing and Controlling Cash Flow to Support the Financial Plan
  • Cash vs. Profit & The Cash Conversion Cycle
  • Calculating and Managing the Cash flow Cycle
  • Cash Flow Ratios
  • Working Capital
  • The Cost of Maintaining Working Capital
  • Maintaining the Optimum Level of Working Capital
  • Working Investment Ratios
  • Preparing a Monthly Cash Flow Forecast
 
Managing Financial Risk     
  • Risk Management & Types of Risk
  • Identifying Risk – SWOT Analysis
  • The Major Quantitative & Qualitative Risks Facing Companies
  • Establishing a Risk Management Strategy
  • Financial Risk Management & Hedging Techniques
  • Managing Exchange Rate & Interest Rate Risk
  • Derivatives-Forwards, Futures, Options & Swaps
  • Risk Management Glossary of Terms

المواعيد المتاحة

دبى
من 17-02-2025    الى 21-02-2025
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من 07-04-2025    الى 11-04-2025
مدريد
من 21-04-2025    الى 25-04-2025
اسطنبول
من 05-05-2025    الى 09-05-2025
دبى
من 19-05-2025    الى 23-05-2025
لندن
من 09-06-2025    الى 13-06-2025
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من 30-06-2025    الى 04-07-2025
لشبونة
من 14-07-2025    الى 18-07-2025
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من 11-08-2025    الى 15-08-2025
القاهرة
من 01-09-2025    الى 05-09-2025
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من 22-09-2025    الى 26-09-2025
دبى
من 13-10-2025    الى 17-10-2025
دبى
من 10-11-2025    الى 14-11-2025
دبى
من 15-12-2025    الى 19-12-2025