Corporate Financial Planning & Decision-Making, Costing Systems, and Financial Reporting

Course Introduction

Are you familiar with the core principles of finance and their influence on strategic decisions and financial planning? 

Are you able to use the financial tools, techniques, and know-how that influence strategic decision-making and apply them in real-life business situations?

“Yes,” to these questions is essential. These skills provide the foundation for your organisation’s economic survival, development, and growth, and this OXFORD online training course will enable non-financial and financial professionals at every level to make better-informed decisions to improve financial performance.

Objectives

By the end of this OXFORD online training course you will be able to:

• Recognise the important ways in which finance influences strategic decision-making
• Think strategically for improved decision-making to maximise shareholder wealth
• Analyse and interpret the three key financial statements and link them to financial planning, budgeting and decision-making
• Consider alternative costing systems for more effective budgeting and improved financial performance
• Identify the alternative sources of internal and external financing and evaluate the models of optimum capital structure and minimisation of WACC

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Who Should Attend?

This OXFORD virtual training course is suitable for a wide range of professionals but will greatly benefit:

• Business professionals working in manufacturing, engineering, human resources, and project management roles
• Accountants, controllers, finance directors, and other finance professionals active in the planning process

Course Outline

Among a wide range of valuable topics, the following will be prioritised:

• Linking strategic management and decision-making with financial planning and budgeting
• The importance of vision and mission
• Setting corporate objectives with accountability for creating value and maximisation of shareholder wealth, and maintaining good corporate governance
• The income statement, balance sheet, and statement of cash flows and their links with planning and financial decision-making
• Subjectivity and opinion with regard to the income statement and balance sheet
• The objectivity of the statement of cash flows
• Working capital and management of the cash flow operating cycle
• Sources of internal and external financing, cost of equity, cost of debt, and the weighted average cost of capital (WACC)
• Preparing financial plans to determine financing requirements, optimise capital structure and minimise WACC
• Cost behavior and the impact of alternative costing systems on profitability, budgeting and financial reporting