Identify the best practices for the roles of CFO controller treasurer and accountants in the content of and relationships between financial statements (income statement balance sheet and statement of cash flows). Discuss the use of financial statements to evaluate the financial/strategic performance of an organization. Understand best practices in discounted cash flow (DCF) techniques and their application to financial decision-making. Identify corporate performance management using key success factors weak financial signals and strong financial signals in various industry sectors. Define the value creation/destruction process in mergers and acquisitions from the market perspective and signals to management from the market.Clarify the roles of directors auditors and others in their respective roles in corporate governance. Identify the various sources of financial and business data that provide insights into business and financial strategies. Identify the details of financial control risk management and financial reporting from the perspectives of the internationally recognized professional associations such as IFAC IASB SEC OECD and others.
Who should take this course
General Managers who wish to reinforce their knowledge of financial functions/processesFinancial and non-financial managers who wish to test their high performance and high potential knowledge skills and attitudes with other similar individuals. Functional managers who have recognized their need for a bigger picture and a more integrative financial view will benefit from the course.
The role of functional management in respect to financial management. The basic financial statements and their articulation. Evaluating performance and why ROI is still a good place to start. Competitive perspectives related to financial statements. Best practices in preparing presenting and populating financial statements. Identifying key success factors in industry sectors. Short-term success evaluations process and measures. Weak signals for future strategic adjustments. Buy sell or hold investments. Best practices in financial review compared to targets and expectations. Financial performance measurement systems. Best practices in finding and using key accounting assumptions. Compare business system to financial results. Benchmarking external reviews industry reports and analyst reports. Best practices in boards of directors and their move to financial literacy. Finding best practices in non-financial inputs to financial statements. Activity based costing time-based costing and competence based costing and financial analysis. Presenting and communicating to executive audiences the best practices in finance and accounting. Challenging the finance function to best practices.
About Course Provider
London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.
London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.