Accounting and Finance Excellence for Managers

Course Outline

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.

The course will also include a site visit to an organization relevant to the course so delegates can develop an understanding of how their contemporaries function in the real-world.

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

Site Visit

• Industrial visit to a relevant organization.
• An insight into the internal working of companies.
• An opportunity to learn through interaction with practising professionals.

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.
• Develop a practical perspective into contemporary work practices in your field.
• Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.