2 days’ workshop
Introduction:
As an accountant or finance manager, your strategic financial & management accounting skills is very crucial for Organisations stability, liquidity and growth. You will move from being the business support role to engaging actively with senior management in driving your organization! If you are serious, this is the seminar for YOU.
Course Objectives
Preparing final accounts
Impact of investment decision on your Financial statements (income statements, cash flow, balance sheet & statement of equity)
Linking financial ratios to swot analysis for strategic decision making process via problem solving framework
Using excel tools for investment decision making
Applying Cost-Volume-Profit Analysis for break even analysis
Forecasting Revenue & Cost & Profitability using scenario & sensitivity analysis
Prepare operational & financial budgets for your organization
Methodology
Case Study, Group Discussion & Video.
Who Should Attend
Entrepreneurs, Bankers, Accountants, Finance managers, CFO, Business Managers, Marketing Managers & Accounting Supervisors
Special Feature: NOTE: Please bring laptop along
Course outline
Day 1
Module 1: Preparing Final accounts
Trial balance
Profit & Loss
Equity
Balance sheet
Module 2: Statement of Cash Flows
Importance of cash flows
Financing cash flow deficiencies
Impacts on cash flow from
Signs of liquidity problems
Exercise
Module 3: Analysis of Financial Statements
Trend Analysis
Common Size Analysis
Profitability Ratios
Efficiency Ratios
Liquidity Ratios
Gearing Ratios
Module 4: Capital Investment
Importance of investment decision making
Forecasting Relevant Project Cash Flows
Project evaluation Techniques – Payback, NPV, IRR
Excel applications – using the payback, NPV and IRR functions
Accepting or Rejecting Projects
Day 2
Module 5: Cost-Volume-Profit Analysis
Relationship between components and assumptions of CVP
Break-even point determination
Marginal analysis for making short-term decisions
Case Study
Module 6: Forecasting Revenue & Cost & Profitability
Build in Ramp Up factor
Factor in Compound Annual Growth Rate
Scenario analysis
Exercise
Module 7: Budgeting
Planning Process
Preparation of Budgeting
Budgeting and Human Behavior
Module 8: Converting Budgeting into KPI
Key metric driver
Weightage
Measurement Unit
Design scoring standards
Link performance to rewards