Financial Analysis

Managers and executives from all sectors who input into strategic and financial planning for their organisation, including:

• Those who are new appointed into a strategic planning role
• Treasury department managers who wish to increase the strategic role of the treasury function
• Financial planning practitioners who want to update their skills
• Those who want to be able to look at their organisation’s performance and that of competitors
• Audit personnel
• Financial risk managers

• Go beyond the description of financial performance to calculate and interpret key information
• Assess the influential role of all stakeholders
• Develop a business funding policy to manage financial risk
• Evaluate the growing influence of corporate finance on strategy
• Exploit the growing strategic role in developing competitive advantage

Introduction to Financial Analysis and Financial Statements

• International Financial Standards for Private and Public Sectors
• The key statements, format and content
• Financial Analysis – the essential ratios based on the income statement
• Financial Analysis – the essential ratios based on the balance sheet and/or income statement combined

How The Shift from Shareholder to Stakeholder Value is Driving Strategy and Decision-Making

• Value maximisation and stakeholder theory
• The drivers of shareholder and stakeholder value
• Linking decision-making to shareholder value – the long-term perspective
• Ethical dimensions of decision-making

Funding the Business

• Capital structure and the cost of capital
• Funding with equity
• Retaining profit – dividend policy
• Funding with debt
• The main instruments of the capital markets

The Impact of PESTLE on Strategy and Risk Management

• The components of PESTLE and the impact on corporate finance
• Porter’s generic competitive strategies
• Mergers and acquisition – a corporate approach
• Managing financial risks

An Effective Treasury Function

• Expanding strategic role of treasury and its role in corporate decision making
• Price to earnings ratio, dividend yield, dividend pay-out ratio
• Leadership skills and training for treasurers
• The areas where treasury takes a lead role, including: bank relationship management; short-term and long-term borrowing; financial risk management
• Defining treasury success – KPIs, credit ratings etc