Finance, Accounting & Budgeting
Mastering Finance Budgeting Performance Measurement
Financial Strategy & Accounting Skills
About this course
This Seya Capital Mastering Finance, Budgeting and Performance Measurement training course provides a thorough understanding of the essential fundamentals of corporate finance, strategy, financial management, budgeting, and costing. Contemporary practical examples are presented alongside the underlying theoretical principles, bringing the theory to life. The overriding objective of this training course is to present a set of integrated and powerful principles and best practices that develop participants' analytical skills and decision-making capacity.
This training course will enable you to:
- Appreciate the importance of using the appropriate financial strategy to create shareholder value above market expectations
- Consider how corporate behaviour impacts the achievement of corporate objectives, and the importance of corporate governance
- Understand financial strategy in relation to stages of corporate development and capital structure
- Use and evaluate the various techniques of capital investment appraisal
- Effectively manage cash and working capital to reduce costs and improve cash flow
- Master finance and accounting terminology to understand business processes
- Apply cost analysis for budgeting purposes and decision-making
- Use financial and operational measures to support the budgeting process
- Apply best practices to manage organisational performance
- Link strategy to costing and performance evaluation
Dates, venues & fees
| Dates | Venue | Format | Fee | |
|---|---|---|---|---|
| 29 Mar – 2 Apr 2027 | Kuala Lumpur, Malaysia | 5 days | US$ 2,900 | Register |
| 5 – 16 Apr 2027 | Port Elizabeth, South Africa | 2 weeks | US$ 4,770 | Register |
| 12 – 16 Apr 2027 | Port Elizabeth, South Africa | 5 days | US$ 2,650 | Register |
Fees are per delegate and exclude travel and accommodation. Every course is also available as in-house training on dates that suit you.
By the end of the course
By the end of this training course, delegates will be able to:
- Use and evaluate the various techniques of capital investment appraisal
- Develop appropriate financial strategies
- Relate financial strategy to business strategy
- Effectively manage cash and working capital to reduce costs and improve cash flow
- Master traditional techniques and recent best practices
- Link finance and operations for budgeting purposes and strategy execution
- Understand and manage an efficient costing system
- Build a comprehensive performance measurement system
Designed for
- Finance executives and financial professionals involved in developing and delivering financial strategy
- Junior executives and financial professionals seeking career advancement and development
- Senior and experienced finance professionals seeking CPD or a valuable and stimulating refresher
Course outline
Course content+
- This training course is delivered across the following two modules:
- Module I — Financial Strategy
- Module II — Business Financial, Budgeting & Accounting Skills
MODULE I: FINANCIAL STRATEGY+
Day 1: Business and Financial Strategy — The Vital Link+
- The purpose and goals of the firm
- The aims and principles of competitive strategy
- The role of financial strategy in business success
- Tools for strategic analysis and strategy development
- Building a winning business model
- Implementing an effective performance management system
- Financial planning: budgeting and beyond
Day 2: Financial Performance Management+
- Understanding, analysing, and interpreting financial statements
- Agency theory and its impact on the business's goals
- Investor and stock market behaviour: share price drivers
- Key concepts in measuring shareholder value
- Understanding cost behaviour and profit
- Measuring and improving return on investment
- A strategic approach to cost reduction
- Managing and enhancing shareholder value
Day 3: Funding Strategy and Liquidity Management+
- Sources of business finance: equity and debt
- Financial gearing: risk and impact on profitability
- Calculating the company cost of capital and its implications
- Optimum capital structure: theory and practice
- Cash flow and liquidity management
- Designing and building financial models in Excel
- Financial model application: cash flow forecasting
- Predicting corporate distress and failure
Day 4: Capital Investment Strategy and Risk Management Strategy+
- Capital investment management
- Using Discounted Cash Flow (DCF) tools in Excel
- Tools for capital investment appraisal and decision-making
- Financial model application: capital investment appraisal analysis
- An integrated approach to risk management
- Tools for identifying and analysing business risk
- Using financial instruments to manage financial risk
- Decision-making under conditions of risk
Day 5: Corporate Governance: Defending and Growing the Business+
- Purpose and principles of corporate governance
- Long-term business growth strategies
- Why even great companies can fail
- Understanding business model disruption
- Innovation killers
- Mergers and acquisitions
- Business restructuring and reorganisation
MODULE II: BUSINESS FINANCIAL, BUDGETING & ACCOUNTING SKILLS+
Day 6: Management and Financial Accounting: Key Concepts and Terminology+
- Identifying the major differences and similarities between financial and managerial accounting
- Understanding the role of management accountants in an organisation
- Linking strategy to planning and costing
- The key role of budgeting and cost control in contemporary organisations
- Towards a cross-functional, process-based view of the organisation
- Understanding your processes: integrating financial and non-financial aspects
- Understanding the financial statements
Day 7: Cost Analysis+
- What is costing?
- Cost concepts and terminology
- Different costs for different purposes
- Fixed vs. variable costs: the cost-volume-profit analysis model
- Contribution margin analysis
- Manufacturing vs. non-manufacturing costs
- Period vs. product costs: inventory evaluation and control
Day 8: Traditional vs. Advanced Techniques in Cost Control+
- Under-costing and over-costing: the consequences for profitability
- How to refine a costing system
- Indirect vs. direct costs
- Traditional cost allocation systems vs. Activity Based Costing
- Cost hierarchy and cost drivers
- Linking resources, activities, and management
- Introducing Activity Based Budgeting and Management
- Video, case study, and examples
Day 9: Budgeting: Flexible Budgets and Variance Analysis+
- The role of budgeting
- Defining the master budget and its major benefits to an organisation
- The difference between a static budget and a flexible budget
- Computing flexible-budget variances and sales-volume variances
- The behavioural implications of budgeting
- The budgeting process in your organisation: how to improve it
- Tools to complement budgeting and costing
Day 10: Measuring Corporate Performance: The Balanced Scorecard and Six Sigma+
- Broadening performance measurement systems
- The key role of customer satisfaction and business process re-engineering
- Beyond budgeting: integrating financial and non-financial issues
- Introducing the balanced scorecard
- The key perspectives
- Introducing strategy maps
- Introducing Six Sigma
How you will learn
A mixture of exercises, real-life case studies, examples, and videos makes this a lively and engaging training course. Strong emphasis is placed on the practical application of these ideas within delegates' own organisations. Delegates are encouraged to complete a learning and action plan to help them focus on and apply their new knowledge and skills.
The return on learning
For your organisation
- Implement appropriate measures that add value to the organisation
- Appreciate the importance of selecting the appropriate financial strategy to maximise shareholder value
- Consider risk and its impact on company financing
- Evaluate the cost of equity and the cost of debt capital
- Examine capital structure and financial strategy in relation to the business life cycle and the Weighted Average Cost of Capital (WACC)
- Consider appropriate financial strategies for mergers, acquisitions, restructuring and reorganisations, and takeover bid defences
- Develop a stronger cost management system
- Design a comprehensive performance measurement system
- Link strategy, budgeting, and costing
For you
- Make more informed and improved management decisions
- Consider why corporate objectives may not always be achieved, and what can be done to eliminate dysfunctional corporate behaviour and align corporate goals
- Understand how to measure their own contribution to the creation of shareholder value
- Appreciate why some financial strategies are more effective than others in creating value
- Use available financial tools for the effective management of working capital
- Share knowledge gained with other departments within the company
- Master cost analysis
- Link costing with budgeting and performance measurement
- Understand the multiple dimensions of performance through the balanced scorecard
Seya Capital certificate
Upon successful completion of this training course, a Seya Capital Certificate will be awarded to delegates.
Related
View all 46 coursesMore in Finance, Accounting & Budgeting
In-house training
Training designed around your organisation
Every course can be delivered privately for your institution, at your premises or a venue of your choice, with case studies and content adapted to your sector and regulatory environment.