Strategic Financial Management

by

Challenge your assumptions and think again about the role of accountancy in a constantly evolving world. Discover how the finance function can play a proactive role at a strategic level, focusing on the value of the business.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Strategic Financial Management

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Strategic Financial Management

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Embrace the proactive role of a strategic financial manager
  • Consider the different drivers of change on the business environment
  • Explain how financial management differs from traditional accounting
  • Understand how financial management can help achieve your business objectives
  • Decide between alternative approaches to cash flows, and the likely impact on different stakeholders
  • Calculate net present values and explain the arithmetic of discounting and why its important for evaluating and monitoring investments
  • Understand how strategic financial management fits together in an integrative model

About the course

In a fast changing, dynamic and volatile world, accountants need to go beyond the accounting tradition of reporting on the past and become financial managers who can help organisations make sound business decisions that will influence the future. Do you have what it takes to make that shift?

Strategic Financial Management brings together financial management and strategic management and explains how good financial management can help both define and achieve business objectives. This course will challenge your assumptions and encourage you to think again about the role of accountancy in a constantly evolving world and help you play a proactive role at a strategic level.

We are proud to bring you a this updated version of a classic course from the original thinker who first defined the concept of Strategic Financial Management.

Contents

Strategic management

The increasing rate of change
Management philosophy
Standing in the way of control
Control systems

Financial management

Financial management
Controlling financial management
Elements of control
Time and forecast relationships
Business objectives
Treasury and business aspects

Cash flow

Cash flow basics
Cash flow and stakeholders
Different viewpoints
Changing price levels
The flow of funds

Net present values

Academic unreality
The discount rate
Budgetary control
Pricing policy
Where do we start?

How it works

Author

David Allen

Past President of CIMA and past Chairman of the Management Accounting Committee of IFAC.