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Course Schedule

We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at [email protected]

Course Description

INTRODUCTION

This GLOMACS Certificate in Financial Management training seminar has been designed to develop and enhance your financial skills and capabilities to ‘top tier’ standard. In the globally competitive world of the 21st century, the best financial management professionals are increasingly being challenged and empowered to not only provide basic accounting and reporting services but also to develop a level of skill in financial management that equips them to fill the value-adding role of a strategic finance business partner. 

The strategic finance business partner role requires not only a sound knowledge of basic finance but also demands highly developed skills in strategic thinking, financial analysis and interpretation, planning and forecasting; and investment decision-making. This leading edge GLOMACS Certification training course will provide you with these vital skills and prepare you to improve both your professional performance and your career opportunities.

This GLOMACS training seminar will highlight:

  • The role of the Financial Manager in the firm’s value creation process
  • The framework for business performance management and improvement
  • Tools and techniques for financial analysis and interpretation
  • Principles and tools for planning, forecasting and financial modelling
  • Investment decision-making tools and skills
  • Understanding and developing financial strategy

Objectives

At the end of this GLOMACS training seminar, you will learn to: 

  • Apply strategic thinking to financial management
  • Develop skills and capabilities as a strategic finance business partner
  • Implement initiatives to improve profit and cash flow
  • Use financial analysis to interpret financial statements
  • Build powerful forecasting tools to assist in decision-making
  • Select appropriate instruments to manage financial risk

Training Methodology

This GLOMACS Certification training course is structured as a highly participative workshop with seminars, case studies and interactive practical worked examples. Relevant examples and case studies are provided to illustrate the application of each of the topics covered and opportunities are provided to learn and practice the use of powerful modern finance skills and tools, reinforced with practical examples and exercises.

Organisational Impact

The organisation will gain through a strategic approach to financial management and the contribution of strategic finance business partnering skills to the firm’s decision-making and value creation process; specific benefits will include:

  • Raised strategic awareness from the Financial Manager
  • Greater awareness of and engagement with the firm’s value creation process
  • Advanced value-adding financial insights and decision-making advice
  • Improved financial forecasting and modelling capabilities
  • Application of financial instruments to financial risk management

Personal Impact

Delegates will benefit from the opportunity to build on and enhance their finance skills; this training seminar will introduce and develop the key principles, tools and techniques to be applied in most critical areas of modern business performance and risk management.

This GLOMACS Certification training course takes a practical approach to ensure that useful and relevant skills in financial management are transferred to the delegate. Knowledge and expertise will be developed in some key areas:

  • The importance and impact of strategy on the firm
  • Skills and best practice in becoming a strategic finance business partner
  • Using Excel modelling tools to improve forecasting and decision-making
  • Critical application of financial analysis and interpretation tools
  • High level financial management and decision-making skills
  • Understanding and using financial instruments to manage risk

WHO SHOULD ATTEND?

Managers at any level aiming to develop the skills and capabilities of financial management; the Financial Manager focused on developing a role as strategic finance business partner.

This GLOMACS training course is suitable to a wide range of professionals but will greatly benefit:

  • Finance Professionals
  • Internal Audit Team Members
  • Budget and Planning Officers
  • Financial Analysts
  • Financial Advisers and other Finance Professionals and Accountants
Course Outline

DAY 1

21st Century Challenges for the Firm and the Financial Manager

  • Understanding the Organisation’s Value Creation Process
  • Developing a Strategic Approach to Financial Management
  • The Role of the Strategic Finance Business Partner

DAY 2

Business Performance Management and Improvement

  • The Framework for Performance Management and Improvement
  • Understanding, Managing and Improving Profit
  • Understanding, Managing and Improving Cashflow

DAY 3

Financial Statements and Corporate Reporting

  • The IASB Conceptual Framework
  • The Objectives and Limitations of Financial Statements
  • The Elements, Structure and Format of Financial Statements
  • Designing Effective Financial Management Reports

DAY 4

Analysing and Interpreting Financial Statements

  • A Systematic Approach to Financial Analysis and Interpretation
  • Basic Tools of Quantitative and Graphical Analysis
  • Financial Ratio Analysis and Interpretation

DAY 5

Business Planning and Forecasting

  • The Business Planning Cycle
  • Budgeting Principles, Practice and Problems
  • Beyond Budgeting
  • Using Excel’s Statistical Data Analysis Tools
  • Techniques for Forecasting Sales and Business Costs
  • Building and Using Financial Models in Excel
  • Avoiding Common Problems in Forecasting

DAY 6

Business and Investment Decision-making

  • Traditional and Advanced Cost Analysis Methods
  • Strategic Decision-making
  • A Strategic Approach to Cost Reduction
  • Discounted Cashflow Analysis Tools
  • Principles of Capital Budgeting
  • Capital Investment Appraisal and Decision-making
  • Business Valuation Methods

DAY 7

Financial Strategy and Risk management

  • Sources of Business Finance
  • Calculating Company Cost of Capital
  • Theories and Practice of Building the Optimum Capital Structure
  • Financial Risk Management Techniques
  • Financial Instruments to Management Currency Risk
  • Financial Instruments to Management Interest Rate Risk
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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