Duration: 3 Days
Course Overview
Maintain a competitive edge by making effective and optimal investment decisions.
COURSE OBJECTIVES
This program teaches you how to:
• Select cost-effective projects and capital investments using financial analyses and feasibility methods
• Determine the impact of cash flow on business decisions
• Interpret and evaluate business and financial performance using rations
• Work with and calculate depreciation
• Learn to master costing techniques and appreciate the mechanics of product costing
• Evaluate and understand the strengths and weaknesses of the competitor companies in the industry based on published information
Course Content
Finance for Non-Finance Leaders Intermediate (Level 2)
The course is structured and focused on understanding how businesses can maintain a competitive edge by making effective and optimal investment decisions.
Each module is underpinned by workshop-based, real-world case studies. The overall approach is geared towards facilitating and divulging information and skills relevant to the practical needs of the attendees, and includes the following topics:
• Determine how to select projects and capital investments using the following methods: Payback Period; Return on Investment; Discounted Cash Flow; Net Present Value; Internal Rate of Return; Expected Monetary Value.
• Impact of cash flow on business decisions: Return on capital employed using cash generated from operations; Cash generated from operations versus debt; Predicting a cash flow crisis
• Performance ratios: Return on Capital; Capital Turnover; Working Capital; Current Ratios; Debtors Ratio; Liquidity; Efficiency; Risk evaluation
• Business valuation methods and investor analysis ratios: EPS, P/E Gearing/Leverage; Business Trends
• Costing approaches: Fixed & variable costs; Absorption and marginal costing; Determine costs in different types of industries; Product, Process & Job costing; Compare and contrast costing methods.