Strategic Financial Management

 

Do you have a financial roadmap to know where your business is heading?
Having a bulletproof financial strategy is paramount to any business as it guides you in the process of managing your finances to meet your strategic goals.
Maximise the market value of your business with STRATEGIC financial management.
Strategic Financial Management

Course details

Course Overview

Overview:

This module equips learners with core financial analysis skills to better understand the financial impact of business decisions.

Topics covered include financial ratio analysis, cost-volume-profit(CVP) analysis, investment appraisal techniques etc.

At the end of this module, learners will be able to evaluate the financial impact of business decisions and develop recommendations for continuous improvements to management based on financial analysis.

Course Highlights:

  • Evaluate business performance using financial ratio analysis
  • Analyse short and long-term financial implications for the business units to facilitate management decision-making
  • Develop recommendations for continuous growth and improvements

 

Who Should Attend:

Business Leaders, Business Owners, Entrepreneurs, Start-Up Owners and Managers from non-financial background.


Mode of Delivery:

  • Classroom (face-to-face)


Course Duration:

  • 24 hours (typically over 3 full days)


This module comes under the WSQ Skills Framework : SF-RET-FIN-4001-1.1 Financial Analysis

Course Code: TGS-2020504961

Upcoming Classes

Please whatsapp us at 9457 8086  or email us at admin@acctrainacademy.com.sg for the course schedule.

 

Course Fees

Full Course Fee (no subsidy) @SGD $840 /-

Here are the nett fees for the following:

  1. Any Self-Sponsored Singaporean or PR aged from 21-39yrs  @SGD $420/-
  2. Any Self-Sponsored Singaporean aged>=40, or *SME Company-Sponsored (Any age Singaporean or PR) @ SGD $252/-
  3. Company-Sponsored Singaporean or PR working in *Non-SME @ SGD $420/-

Funding Support

Here are the types of funding support available for the course:

SSG Training Grant
Funding Period: Until 30 Sep 2022
Course Ref No.: TGS-2020504961

*Approved Funded Hours: 24 hours.

1. Company-Sponsored Employees
  • Company-Sponsored SME Singapore Citizens and PRs – Funding capped at up to 70% subsidy.
  • Company-Sponsored Non-SME (Singapore Citizens or PRs 21-39 years old) – Funding capped at up to 50% subsidy.
  • Company-Sponsored Non-SME (Singapore Citizens or PRs 40 years old and above) – Funding capped at up to 70% subsidy.
2. Self-Sponsored Learners
  • Singapore Citizens (40 years old and above) – Funding capped at up to 70% subsidy.
  • Singapore Citizens (21-39 years old) and PRs – Funding up to 50% subsidy capped at $15/hr.
3. SkillsFuture Credits (for Self-Sponsored)
  • Singapore Citizens (21 onwards) may use their SkillsFuture Credits to offset the nett payable course fee. find out more.
4. Absentee Payroll (for Company-Sponsored)
  • The training provider will submit on your company’s behalf your employee’s enrolment, attendance and assessment records via TPGateway. Thereafter, your employer will be notified to log into Enterprise Portal for Jobs & Skills (EPJS) to declare necessary information for Absentee Payroll funding.

 

Course Outline

Topics Covered:

1. Overview of Different Financial Statements
2. Purpose of Financial Analysis
3. Financial Ratios as a Means of Comparison
4. Key Groups of Financial Ratios

  • Profitability
  • Liquidity
  • Efficiency/Activity
  • Gearing

5. Cost drivers, fixed and variable costs
6. Derive and interpret unit cost
7. CVP analysis
8. Time value of money and Opportunity costs
9. Key investment appraisal techniques:

  • Payback period
  • Net Present value (NPV)
  • Average rate of re-turn (ARR)
  • Internal rate of return (IRR)

10. Steps to effective review of financial analysis results and impact on business strategies
11. Evaluate the results of financial analysis on the im-pact on business decisions
12. Methods to review short-term and long-term financial performance
13. Assess Profitability and Cash Flows Patterns to Identify Expected Returns.
14. Ways to Optimise the Capital Mix to Meet Expected Operations and Trading Needs.
15. Presenting financial analysis to management
16. Develop recommendations for continuous Improvements

Strategic Financial Management