INTRODUCTION TO THE COURSE
The Corporate Financial Planning, Budgeting & Control training course provides professionals with the essential skills to navigate financial decision-making in today’s volatile international environment. Organizations of all sizes face the challenge of enhancing profitability, ensuring liquidity, and mitigating financial risks, and this training course is tailored to equip participants with the strategies to meet these demands effectively.
Participants will gain a comprehensive understanding of corporate financial planning, from strategic development and financing decisions to budget preparation, risk management, and performance evaluation. Mastery in corporate planning, budgeting, and control is vital for guiding organizations towards achieving their mission, vision, and long-term objectives.
This Corporate Financial Planning, Budgeting & Control training course will explore:
- Principles of Agency Theory
- Techniques for Financial Risk Management
- Strategies for Managing and Controlling Cash Flow
- Application of Time-Adjusted Valuation Methods
- Preparation of Financial Projections
- Conducting Effective SWOT Analyses
COURSE DETAILS
Objectives
The primary goals of this Corporate Financial Planning, Budgeting & Control training course are to provide participants with the knowledge and tools necessary to:
- Assess financing options and make sound capital investment decisions
- Develop robust corporate financial plans that maximize returns and minimize risk exposure
- Prepare, monitor, and manage budgets aligned with strategic financial goals
- Identify and mitigate financial risks within corporate structures
- Measure organizational performance with precision and recommend improvements
- Enhance personal financial acumen and strategic decision-making capabilities
Training Methodology
This Corporate Financial Planning, Budgeting & Control training course is based on a practical case study requiring delegates to develop and manage a strategic corporate financial plan. As a result, it is highly participative with extensive use of practical examples, case studies, exercises and discussion sessions to ensure the development of transferable skills as well as knowledge and understanding. It will enable delegates to make and justify finance decisions, prepare and manage budgets, minimise risk and evaluate performance.
Organisational Impact
Organizations that invest in this Corporate Financial Planning, Budgeting & Control training course will benefit through:
- Enhanced financial planning competencies across departments, leading to improved profitability and optimized cash flow management
- Better-informed decision-making processes, minimizing financial risks and operational costs
- Strengthened analytical capabilities among team members, allowing for more strategic evaluation of business scenarios
- Improved capital budgeting practices, making investment initiatives more efficient and cost-effective
- Practical knowledge application through real-world case studies, fostering immediate workplace relevance
- The promotion of a financially aware culture throughout the organization, enhancing overall strategic alignment
Personal Impact
As a participant in this Corporate Financial Planning, Budgeting & Control training course, you will:
- Acquire deep insights into contemporary challenges and solutions in corporate finance and budgeting
- Advance your skills in financial analysis, critical evaluation, and strategic decision-making
- Strengthen your ability to develop and manage financial plans and forecasts using proven models and techniques
- Improve your contribution to financial planning and capital investment decisions within your organization
- Enhance your communication with cross-functional teams on financial matters
- Recognize new opportunities to drive improvements in your company’s financial performance, supporting your career growth and leadership potential
Who should Attend?
This KC Academy training course is suitable for:
- Non-financial and Financial Personnel
- Financial Decision-makers
- Professionals acting upon the financial decisions of others
- Analysts
- Managers involved in planning and decision-making
- Financial Planner
- Individual with very basic financial knowledge.
- Individual with ambitions to work in finance related fields.
- Junior Managers involved in risk managements
- Managers and those with financial responsibilities
DAILY AGENDA
Day 1: Corporate Financial Planning
- Strategic Planning
- The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
- Agency Theory – The Relationship between Shareholders & Management
- Creative Accounting and the Case of Enron
- Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
- Preparing a Financial Plan – The Master Budget
- Forecasting Future Cash-flows and Financial Modelling
- Time Series Analysis, Correlation & Regression
Day 2: Financing the Plan
- Sources of Finance – Long Term & Short Term
- Evaluation of the Types of Finance - Equity vs. Debt Finance
- Hybrid Finance & Financial Engineering
- The Dividend Decision
- The Cost of Capital and Weighted Average Cost of Capital (WACC)
- Capital Asset Pricing Model (CAPM)
- Accounting Rate of Return (ARR)
- Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing & Payback
Day 3: Preparing & Managing Budgets to Support the Financial Plans
- Definition of Budgets, the Budgetary Process and Budgetary Control
- Types of Budgets-Fixed, Flexible, Incremental and Zero Based
- The Purpose / Benefits & Problems / Limitations of Budgets
- Setting / Implementing Effective Budgets - Eliminating the Problems
- Responsibility Accounting and Absorption Costing
- Activity-Based Budgeting / Costing (ABB, ABC)
- Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity / What If Analysis
- What-If Analysis combined with Du-Pont Analysis
Day 4: Managing and Controlling Cash Flow to Support the Financial Plan
- Cash vs. Profit & The Cash Conversion Cycle
- Calculating and Managing the Cash flow Cycle
- Cash Flow Ratios
- Working Capital
- The Cost of Maintaining Working Capital
- Maintaining the Optimum Level of Working Capital
- Working Investment Ratios
- Preparing a Monthly Cash Flow Forecast
Day 5: Managing Financial Risk
- Risk Management & Types of Risk
- Identifying Risk – SWOT Analysis
- The Major Quantitative & Qualitative Risks Facing Companies
- Establishing a Risk Management Strategy
- Financial Risk Management & Hedging Techniques
- Managing Exchange Rate & Interest Rate Risk
- Derivatives-Forwards, Futures, Options & Swaps
- Risk Management Glossary of Terms
Certificate
- On successful completion of this training course, KC Academy Certificate will be awarded to the delegates.