Day 1: Linking Strategy, Decision-Making, and Financial Planning
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Strategy, vision, mission, and objectives
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Strategic decision-making and value creation
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Corporate objectives, accountability, and governance
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Management accounting and its link to planning and budgeting
Day 2: Financial Statements and Financial Planning
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Balance Sheet, Income Statement, Cash Flow Statement
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Internal and external financing sources
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Cost of equity, cost of debt, and WACC
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Capital structure optimization and long-term financial planning
Day 3: Costing Systems and Performance Measurement
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Cost behavior, fixed vs. variable costs
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CVP analysis, break-even, and sensitivity analysis
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Direct and indirect costs
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Activity-Based Costing (ABC) and Activity-Based Management (ABM)
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Refining costing systems for decision-making
Day 4: Capital Investment Decisions
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Time value of money and DCF principles
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Capital budgeting techniques: ARR, Payback, NPV, IRR, MIRR, EAC
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Capital rationing and profitability index (PI)
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Key factors influencing investment decisions
Day 5: Linking Performance Measures and Risk Management
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Balanced Scorecard and KPIs alignment
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Overcoming limitations of accounting and costing systems
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Business and financial risk analysis
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Risk management tools, hedging, and insurance
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Interest rate and foreign currency risk management