Advanced Financial Strategy and Accounting Skills Training Course

Why select this training course?

The management of a firm may improve its understanding of the cash flow into and out of the organization with the assistance of finance and accounting, allowing them to make more educated business choices. The creation of profits for the company and the maintenance of a satisfactory rate of return on investments are the primary focuses of strategic financial management. The organization can determine how much money and resources it will need to achieve its goals and overall mission. It can also formulate a strategy for future expansion to ensure the company’s continued viability. A sound financial system allows for this to happen

Why study advanced financial strategy and accounting skills training courses?

Any profitable organization’s primary goal is to maximize stakeholders’ value over and above profits. Understanding financial strategies and accounting skills to be to do so will give you an upper hand in creating wealth for your shareholders. Rcademy has designed this training course to provide you with the power to maximize operating profits by correctly and efficiently increasing revenue streams while simultaneously cutting operational costs. Furthermore, by understanding financial strategies and mastering accounting skills, you will learn to evaluate and adopt the most appropriate economic systems to enable any organization to thrive.

What will be the highlights of the financial strategy and accounting skills training course?

You will thoroughly understand the connection between competitive tactics and financial strategies, as well as learn how to construct a wide range of risk management approaches, tools, and procedures. In addition, you’ll learn the fundamentals of corporate finance, such as how to construct a financing strategy to efficiently manage money and ensure the long-term success of your organization. In the end, you’ll be able to make informed choices about capital investments thanks to the tools you’ve learned to employ

The Advanced Financial Strategy and Accounting Skills Training Course by Rcademy will give you the skills and methods of financial strategies and accounting, which can be applied to create corporate value from the available resources. The skills you will gain from this Course are invaluable in today’s business environment and capital market, where there is a continuous need to make strategic plans. The program will include modern-day techniques to enable you to make financial strategies with up-to-date theoretical frameworks that can be applied practically to solve real-world problems.

Who should attend?

The Advanced Financial Strategy and Accounting Skills Training Course by Rcademy are suitable for:

• Investment analysts
• Finance and treasury professionals
• Departmental managers
• Head office team members
• Capital investment managers and analysts
• Strategy, planning, and budgeting managers
• CEOs and start-up founders
• Entrepreneurs
• Finance executives
• Senior and experienced finance personnel
• Finance officers seeking to gain knowledge in finance strategies

What are the course objectives?

The main objectives of The Advanced Financial Strategy and Accounting Skills Training Course by Rcademy are to enable participants to:

• Understand how to create achievable goals for corporates by creating better objectives
• Measure financial operations to support the budgeting process
• Evaluate capital investment structures using various means
• Create a costing system for the organization
• Link finances to costs for objective setting and target optimization
• Develop an appropriate financial strategy for their organizations
• Effectively manage working capital and cash to reduce costs and improve cash flow
• Learn to develop their success metrics
• Master accounting and finance jargon to understand business processes
• Link strategies to costing and performance evaluation
• Understand and learn the best practices to manage organizational performance

How will this course be presented?

This Rcademy program is a suitable course that requires methods of content delivery to be aligned to ensure the participants acquire practical skills that can be used to solve real-world problems. Therefore, the theoretical framework taught in this training course is designed to prove that it is relevant and valid in the practical field. Some methods include videos, presentations, financial strategies discussions, exercises, assignments, and case studies.

What are the topics covered in this course?

Module 1: Finance Strategy and Liquidity Management

• Predicting corporate distress and failure
• Optimum capital structure
  – Practice
  – Theory
• Financial gearing
  – Impact on profitability
  – Risk
• Predicting corporate pain and Failure
• Sources of business finance
  – Debt
  – Equity
• Financial model application
  -Cash flow forecasting
• Liquidity management
• Cash flow

Module 2: Cost Analysis

• Period vs product costs
• Different costs for different purposes
• Contribution margin analysis
• What is it costing?
• Manufacturing vs non-manufacturing costs
• Cost concept and terminology

Module 3: Measuring Corporate Performance

• The key perspectives
• Ensuring the satisfaction of the client
• Introducing six-sigma
• Introducing the balanced scorecard
• Beyond budgeting
  – Non-financial issues
  – Integrating
• Broadening performance measurement systems
• Introducing the strategy maps

Module 4: Traditional Vs Advanced Techniques in Cost-Control

• Introducing activity-based budgeting and management
• Indirect vs direct costs
• Linking resources, activities, and management
• Understanding how to distribute costs effectively
• How to refine a costing system?
• Cost Hierarchy and cost drivers
• The effects of over-costing and its impact on business

Module 5: Financial Accounting and Management

• Understanding the financial statements
• Linking strategy to planning and costing
• Achieving a better process appraisal for organizations
• Role of financial officers in developing organizations
• The Role of cost control in contemporary organizations
• Identifying the crucial differences in management styles

Module 6: Variance Analysis and Flexible Budgets

• Techniques, tools, and methods that apply to budgets and costs
• Computing financial budgets and how it affects sales volume
• The role of planning financial expenditures
• Understanding static and flexible budgets
• The behavioral implication of budgeting
• Master budget and its importance in an organization
• Tools used to complement costing in an organization
• Problems

Module 7: Corporate Governance and Business Growth

• Understanding how even great companies can fail
• Innovation killers in an organization
• Business restructuring and reorganization
• The workings of mergers and acquisitions
• Long-term business growth strategies
• Purpose and Principles of corporate governance
• Understanding business model disruption

Module 8: Financial Performance Management

• Implementing an effective performance management system
• Building a winning business model
• Financial Planning: Budget and Beyond
• Tools for strategic analysis and strategic development
• Measuring and improving return on investment
• Managing and enhancing shareholder value
• Agency theory and its impact on the firm’s goals