Course Details

Training on Financial Analysis, Planning, and Control

INTRODUCTION

Effective financial analysis, planning, and control are crucial for the sustainability and growth of any business. Financial analysis provides a comprehensive evaluation of a company’s financial health, helping to make informed decisions regarding future investments, operational changes, and strategic plans. Financial planning ensures that the company has a roadmap for growth, and financial control helps in maintaining the stability and efficiency of operations by monitoring and managing resources efficiently.

This Training on Financial Analysis, Planning, and Control is designed to equip participants with practical skills and knowledge in analyzing financial statements, developing financial plans, and implementing controls that enhance business performance. It combines essential theoretical frameworks with hands-on exercises to ensure participants can apply financial tools in real-world business scenarios.

This Training on Financial Analysis, Planning, and Control provides participants with essential skills to assess a company’s financial health, create effective financial plans, and implement controls that ensure efficiency and profitability. Through practical exercises and real-world case studies, participants will learn how to apply financial management techniques to enhance decision-making and achieve business growth. The course aims to help organizations improve their financial processes and maintain a sustainable competitive advantage.

DURATION

5 days

TARGET AUDIENCE

• Finance managers and analysts
• Business owners and entrepreneurs
• Accountants and auditors
• Financial controllers and CFOs
• Strategic planners and consultants
• Project managers involved in budgeting and financial oversight
• Students and professionals seeking to enhance their financial management skills

COURSE OBJECTIVES

By the end of this training, participants will be able to:

1. Understand Financial Statements and Key Metrics: Gain the skills to analyze balance sheets, income statements, and cash flow statements to assess the financial health of a business.
2. Develop Financial Plans and Budgets: Learn how to create strategic financial plans and budgets that align with organizational goals.
3. Master Financial Forecasting: Understand various forecasting techniques to project future financial performance.
4. Implement Effective Financial Controls: Explore the best practices for implementing financial control mechanisms to monitor performance and manage resources efficiently.
5. Evaluate Business Performance Using Financial Ratios: Learn to use financial ratios and metrics to evaluate a company’s profitability, liquidity, solvency, and operational efficiency.
6. Manage Risks and Uncertainty: Gain insights into identifying and managing financial risks, ensuring business resilience against unexpected market fluctuations.
7. Apply Knowledge Through Practical Exercises: Engage in hands-on case studies and simulations to apply financial analysis, planning, and control techniques to real-world business scenarios.

 COURSE CONTENT

Module 1: Introduction to Financial Analysis, Planning, and Control

• Definition and scope of financial analysis, planning, and control
• The role of financial management in business decision-making
• Key financial performance indicators (KPIs) and their significance
• Overview of the financial decision-making process

Module 2: Understanding Financial Statements

• Overview of the three main financial statements: Balance sheet, income statement, and cash flow statement
• Interpreting the financial position of a company from its financial statements
• Key components of each statement and their relevance in decision-making
• Hands-on exercises: Analyzing a company’s financial statements

Module 3: Financial Ratio Analysis

• Definition and types of financial ratios: Profitability, liquidity, solvency, and efficiency ratios
• How to calculate and interpret key financial ratios
• Using ratios to evaluate financial performance and identify trends
• Case studies: Using ratio analysis to assess business performance

Module 4: Financial Planning and Budgeting

• Importance of financial planning in achieving business objectives
• Steps in the financial planning process
• Budgeting techniques: Zero-based budgeting, incremental budgeting, and rolling forecasts
• Developing operational and capital budgets aligned with strategic goals
• Group activity: Creating a financial plan and budget for a sample company

Module 5: Financial Forecasting and Projections

• Techniques for financial forecasting: Time series analysis, regression analysis, and scenario planning
• Developing revenue and expense forecasts
• Sensitivity analysis and what-if scenarios
• Hands-on exercises: Preparing financial projections and forecasts for business growth

Module 6: Capital Budgeting and Investment Decisions

• Overview of capital budgeting and its importance in long-term planning
• Investment appraisal techniques: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and Profitability Index
• Evaluating and comparing investment projects
• Case study: Analyzing a capital investment proposal and making informed decisions

Module 7: Financial Control Mechanisms

• Definition and importance of financial control in business operations
• Types of financial control systems: Internal controls, performance monitoring, and variance analysis
• The role of auditing in financial control and governance
• Implementing control measures to ensure budget adherence and cost control

Module 8: Working Capital Management

• Understanding the components of working capital: Cash, receivables, payables, and inventory
• Strategies for managing working capital effectively
• Cash flow management: Techniques for ensuring liquidity and financial stability
• Group activity: Designing a working capital management strategy for a business

Module 9: Risk Management in Financial Planning

• Identifying financial risks: Market, credit, liquidity, and operational risks
• Techniques for assessing and mitigating financial risks
• Role of financial derivatives in managing risk (hedging, options, and futures)
• Scenario analysis and stress testing for risk management
• Case studies on effective risk management in financial planning

 CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com