Financial Analysis Tools and Techniques for Managers
As professionals move up the career value chain, it becomes imperative for them to inculcate key financial skills like translating business performance in financial terms, comprehending top-lines and bottle-lines and developing the uncanny knack to think numbers on their feet.
The course explains key financial concepts, tools and techniques in a simple and lucid manner to help non-finance/finance managers build and develop the much-needed financial credence into their decision making whether by drawing authentic budgets, conducting accurate cost-benefit analysis or interpreting financial statements with authority and flair.
When an analyst, business executive, or finance manager is dealing with a financial issue, or wishes to understand the financial implications and economic trade-offs involved in decisions about business investment, operations, or financing, a wide variety of analytical techniques—and sometimes rules of thumb—is available to generate quantitative answers.
Selecting the appropriate tools from these choices is clearly an important part of the analytical task. Yet, experience has shown again and again that first developing a proper perspective for the problem or issue is just as important as the choice of the tools themselves.
Therefore, this course not only presents the key financial tools generally used, but also explains the broader context of how and where they’re applied to obtain meaningful answers. To this end, the course provides an integrated
conceptual backdrop both for the financial/economic dimensions of systematic business management and for understanding the nature of financial statements, data, and processes underlying financial analysis techniques. All subjects are viewed in the context of creating shareholder value—a fundamental concept that is revisited in the later part of this course on managing for shareholder value.
The concept that any business is essentially an integrated system of cash flows driven by management decisions provides the foundation of this course. All analytical tools and related financial/economic concepts are discussed within this systems context, which reflects the three basic types of decisions made continuously by the management of any ongoing business: investment, operating, and financing. This training is is structured around the viewpoints of the major parties interested in the analysis and performance of a business: managers, owners, and creditors
|11th – 12th February 2015||2 Days||Canton Concourse Building, 12 Landbridge Avenue, Oniru Estate, Victoria Island, Lagos, Nigeria|