About
Challenge your assumptions and think again about the role of accountancy in a dynamic new world. As a part of this course you will explore the concepts of strategic and financial management, basics of cashflow and net present value.
CPD: 4 hours
Full Programme
Strategic management
- What is causing the increased rate of change in the business environment?
- How is the philosophy of management responding to these pressures?
- What effect is this having on control systems?
- How are businesses responding to these changes?
Financial management
- What is financial management?
- How is financial management controlled?
- What are the objectives?
Cash flow
- What are the cash flow basics?
- What are the different points of view?
- How is the flow of funds managed?
Net present value
- How do we arrive at NPVs?
- What is the arithmetic of discounting?
- What is the purpose of budgetary control?
- How does this all fit together?
Course leader
David Allen CBE, MPhil, FCMA, FCIS was employed for many years by the Cadbury Schweppes group, holding directorships of various companies, latterly Cadbury Ltd. Whilst with the group, he coined the expression Strategic Financial Management to refer to an approach which enabled the finance function to play a proactive role in the formation and monitoring of strategy, and offered an antidote to short-termism.
During that period he was also president of the Chartered Institute of Management Accountants (CIMA), chairman of the Management Accounting stream of the International Federation of Accountants, a visiting professor at Loughborough University Business School and a member of the Review Panel of the Financial Reporting Council.
He retired from all of the above in order to concentrate on the promulgation of the concept and practice of Strategic Financial Management, through the medium of S. F. M. Ltd. This involved writing, lecturing and consulting, and led to a number of non-executive directorships in private and public sectors.
Booking information
Course price
£75 + VAT (Non-members)
The Chartered Governance Institute UK & Ireland Members and Students get a discount of 10% with the code ICSA101