Accounting and Finance Excellence for Managers

Overview

By attending this course, non-finance staff who need to extend their understanding of finance will learn how this could make a difference to their organization’s financial management. You will understand:

• the role of finance in implementing projects.
• how an organization's stakeholders affect its financial performance and growth.
• the activities in determining pricing objectives, policies and strategies.

The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.

Agenda

Investment and Financial Management of Long-term Projects

• Project Appraisal
• Project Estimation
• Budgeting
• Financial management

Financial Management – Stakeholder Expectations

• Identifying stakeholders
• Accountability to stakeholders
• Triple bottom line
• Levels of investor control

Pricing Decisions

• Strategic pricing
• Price structure
• Pricing policy
• Analysing costs and profits

Financial Management Decision-Making

• Defining the decisions that you make
• Deciding on what support you need to define the relevant financial information required to make those decisions
• Examples and case studies

Course Review

• Summary and recap of key learning objectives
• Action Planning

Target Audience

This course is suitable for staff who need to extend their understanding of finance to more specific operational activities.

Learning Outcomes

Upon completion of this course, you will:

• Analyse the role of finance in project delivery.
• Appreciate the role of stakeholders and their impact on an organization’s financial performance.
• Understand the processes involved in deciding prices.
• Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.