In the fast-paced world of business, financial management has become a cornerstone of business success. The ‘Leadership Development: Financial Management’ course offers you a unique opportunity to gain an insight into this booming sector, where the demand for finance experts continues to grow. Throughout the course, you will acquire key skills such as analysing financial statements and understanding cash flow, which are essential for making informed and strategic decisions. You will also explore corporate finance, which will enable you to optimise resources and maximise profits. The online programme offers you the flexibility you need to balance your studies with your day-to-day responsibilities. Upon completing the course, you will have a comprehensive understanding of business accounting and the equity market, positioning you as a financial leader capable of tackling the challenges of today’s economic climate.
Leadership development. Financial management
Corporate
90 hours
Introduction
Objectives
- To understand basic accounting concepts in order to improve financial management.
- Analyse cash flow and select investors efficiently.
- To assess different options for financing a business in the best possible way.
- Interpret financial statements in order to make informed decisions.
- Apply business accounting techniques to manage costs and profits.
- Use cost models to optimise business decision-making.
- To understand the issue of shares and debt as means of raising funds.
Table of Contents
TEACHING UNIT 1. BASIC CONCEPTS OF ACCOUNTING AND FINANCIAL MANAGEMENT
The company and the finance department
Roles and responsibilities of the Chief Financial Officer
Basic accounting concepts
Accounting principles and valuation criteria
The balance sheet
The profit and loss account
The statement of changes in equity
The cash flow statement
The report
Basic Concepts in Financial Management. Introduction
Ten underlying principles of financial management
The company’s financial objective: value creation
Accounting information and financial analysis
Working capital
The Statement of Origin and Application of Funds (EOYAF)
TEACHING UNIT 2. CASH FLOW AND INVESTOR SELECTION
Cash flow
The time value of money
Investment concept
Ranking
The discount rate
Investment selection methods
NPV and IRR: the relationship between the two methods and additional considerations
Investment selection under conditions of uncertainty
TEACHING UNIT 3. CORPORATE FINANCE
The cost of capital
Financial leverage
TEACHING UNIT 4. ANALYSIS OF FINANCIAL STATEMENTS
Ratio analysis
Working capital
TEACHING UNIT 5. BUSINESS ACCOUNTING, COSTS AND PROFIT
Financial accounting and management accounting
The costs
TEACHING UNIT 6. BASIC COST MODEL AND DECISION-MAKING
Cost analysis
Management accounting and decision-making
Management and decision-making information
General decision-making regarding farm operations. Analysis of variances
Specific operational decisions. Relevant and irrelevant costs
Basic framework for operational decision-making
Some key decisions in management accounting. Case studies
TEACHING UNIT 7. A BANK’S BALANCE SHEET
Introduction
Liabilities. Sources of funding for credit institutions
Assets. Lending to individuals and businesses
TEACHING UNIT 8. DEBT ISSUANCE. CORPORATE AND GOVERNMENT FINANCING
Money market. Treasury bills and promissory notes
Fixed-income market. Bonds
TEACHING UNIT 9. ISSUING SHARES. THE EQUITY MARKET. CORPORATE FINANCE
An Introduction to the Stock Market: How It Works and How It Is Organised
Stock market analysis. Investment recommendations
Indexes
Factors affecting the share price
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