Financial Management

The Program covers the following topics:

• The nature and purpose of financial management
• Financial objectives and relationship with corporate strategy
• Stakeholders and the impact on corporate objectives
• Financial and other objectives in not-for-profit organizations
• The economic environment for business
• The nature and role of financial markets and institutions
• Determining working capital needs and funding strategies
• The nature of investment decisions and the appraisal process
• Adjusting for risk and uncertainty in investment appraisal
• Specific investment decisions (lease or buy; asset replacement, capital rationing)
• Internal sources of finance and dividend policy
• Gearing and capital structure considerations
• Finance for Small and Medium-size Entities
• Sources of finance and their relative costs
• Estimating the cost of equity
• Estimating the cost of debt and other capital instruments
• Nature and purpose of the valuation of business and financial assets
• The nature and types of risk and approaches to risk management
• Causes of exchange rate differences and interest rate fluctuations

Duration: 2 days

Location: In-house

Approach:

Investment: