Finance foundations for better informed decisions to support your organisation's strategic goals
Overview
- Understand and appreciate the value of developing and applying financial management tools and acumen
- Develop a good grasp of financial levers, budgeting processes, performance indicators and financial statements/reports
- Increase your confidence and credibility in contributing to finance discussions and strategy
- Achieve more positive engagement with finance departments to deliver better performance outcomes
Speakers
John Le Mesurier
John Le Mesurier is an educator, consultant and practitioner, with more than 40 years experience in corporate settings. He has been General Manager of the large Chinese multinational, Asia Pulp & Paper. John works as a management consultant in the Americas, Europe and Asia for companies such as Procter & Gamble, Johnson & Johnson, Colgate Palmolive, Coca-Cola, Astra Zeneca and Vodafone. He has also consulted to the Australian and British Governments. John is a Corporate Trainer at The University of Sydney, an Executive Coach at UNSW and a Lecturer for Laureate International Universities.
Consultant, Tertiary & Vocational Educator
Agenda
05 May
Understanding accounting and finance terminology and theory
- Understanding the difference between management and financial accounting
- Cash versus accrual accounting
Financial statement analysis
- What is financial statement analysis and why it is an essential tool for any senior manager
- Understand and analyse the 3 major financial statements:
- Income statement (statement of financial performance)
- Balance sheet (statement of financial position)
- Cash flow statements (financial analysis of a business)
- Ratio analysis, including consideration of a range of profitability, liquidity and long-term stability ratios
Budgeting, planning and cost management essentials
- Understanding the source (direct and indirect) and behaviour (fixed/variable) of costs
- Reviewing planning cycles and how budgeting fits in
- The key steps in budget preparation
- Forecasting techniques, performance reporting and variance analysis
- Monitoring and control processes
Overview of capital investment decision making
- How owners and managers financially analyse capital expenditure including return on investment
- Payback period, discounted cash flow – DCF; NPV, IRR; time value of money
- Important factors to take into account in a lease versus buy decision
Bringing it all together
- Financial management in the workplace
- Implementing lessons learned in the day to day operation of the organisation
- Embedding financial acumen: Improving the financial awareness of others
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John Le Mesurier Consultant, Tertiary & Vocational Educator
Pricing
Prices start at
$1395*
More people? More savings!
Venue
Level 13, 60 Margaret St, Sydney, NSW, 2000, Australia
+61 2 9250 0999
