Indepthresearch
outreach@indepthresearch.org
  + 254 20 211 3814 | +254 731 240 802
   +254 735 331 020 | +254 715 077 817
Westlands, Rhapta Road
Njema Court, Suite R2
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Strategic Financial Management Course

INTRODUCTION

The Strategic Financial Management intensive one week course that helps in the more advanced aspects of financial management to further develop the skills and confidence to manage the strategic aspects of finance.

DURATION

 5 days.

WHO SHOULD ATTEND 

The Strategic Financial Management course is ideal for managers with financial responsibility or seeking a refresher in analysis – including financial analysts, accountants, project managers, budget analysts, vice presidents of finance, controllers and treasurers.

COURSE OBJECTIVES

By the end of the course, participants will be able to:

  • Understand the limitations of traditional accounting models in an increasingly dynamic and fast changing world
  • Contribute more effectively to corporate strategy by taking a more proactive and forward looking approach
  • React to conditions of rapid change through enhanced awareness, anticipation and adaptation
  • Understand and use alternative expressions of profit that start with recognition of the impact on cash flow of the various stakeholders in a company
  • Monitor the success of projects, strategies and even total businesses by articulating NPVs over time
  • Be more confident in decision making and dealing with accountants and other specialists
  • Assess the strategic financial performance of the company and compare it with that of competitors
  • Understand the significance of cash flow and working capital management
  • Understand the concepts of strategic price setting
  • Understand how strategic financial management fits together in an integrative model

TOPICS TO BE COVERED

Introduction to Accounts  

  • Why are accounts needed?
  • Key conventions and rules
  • Financial accounts
  • Management accounts
  • Analysing key financial statements

Strategic analysis of financial performance

  • Ratio analysis
  • The “Weinstock” performance ratios
  • Competitor analysis
  • Benchmarking

Analysing the cost structure

  • Different types of cost – fixed, variable
  • Marginal costing
  • Full costing
  • Cost drivers and activity based costing
  • Breakeven and contribution analysis
  • Margin analysis

Cash flow and working capital control

  • The cash flow cycle-Measures of solvency
  • Capital investment budgeting

Financial control of the business

  • The whole company budget process
  • Integrating forecasting planning and budgeting
  • Driving performance improvement through the budget
  • Setting appropriate KPI’s-Performance review process
  • Multiyear budgeting

Pricing issues

  • Price differentiation
  • The supply and demand relationship
  • The significance of volume and the experience curve
  • Continuous improvement
  • Dealing with competition
  • Investment appraisal
  • Cash versus profit measures
  • Forms of appraisal
  • Payback, DCF, IRR-Allocating scarce funds

Funding growth

  • Sources of additional funds
  • The significance of gearing

Financial risk assessment and management

TAILOR- MADE

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our IRES Training Centre or at a convenient location.

For further inquiries, please contact us on 

Tel: +254 (020) 211 3814.

Mob: +254 715 077 817, +254 731 240 802, +254 735 331 020.

Email: outreach@indepthresearch.org.

REQUIREMENTS

Participants should be reasonably proficient in English. Applicants must live up to Indepth Research Services (IRES) admission criteria.

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: outreach@indepthresearch.org.

Mob: +254 715 077 817

Tel: 020 211 3814

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B 27th November 2017.

Send proof of payment to outreach@indepthresearch.org.

CANCELLATION POLICY

Payment for the all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

  1. Participants may cancel attendance 14 days or more prior to the training commencement date.
  2. No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Duration 5 Days
Event Date 04-12-2017
Event End Date 08-12-2017
Cut off date 27-11-2017
Individual Price (Kenyan) KES 75,000.00
Individual Price (International) EUR 1,012.00
Individual Price (International) USD 1,100.00
Location Nairobi, Kenya

Group Tariffs

Group Size Kenyan Rate Per day (KES) International Rate Per day (USD/EURO)
6-10 95,000.00 $ 1,118.00
€ 1,018.00
11-15 146,250.00 $ 1,721.00
€ 1,567.00
16-20 191,250.00 $ 2,250.00
€ 2,048.00
21-25 230,000.00 $ 2,706.00
€ 2,463.00
26-30 262,500.00 $ 3,089.00
€ 2,811.00
30-50 309,825.00 $ 4,556.00
€ 0.00
3-5 62,500.00 $ 736.00
€ 670.00
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© Indepth Research Services Ltd 2017