Name: Understanding Finance to Influence Strategic Decisions Training Course
Rating: 4.7 (1076 reviews)

Scheduled Dates

Classroom

15 - 19 Jun 2026

London - UK

$5,950

27 - 31 Jul 2026

Paris - France

$5,950

21 - 25 Sep 2026

Amsterdam - The Netherlands

$5,950

05 - 09 Oct 2026

London - UK

$5,950

16 - 20 Nov 2026

London - UK

$5,950

30 Nov - 04 Dec 2026

Amsterdam - The Netherlands

$5,950

04 - 08 Jan 2027

London - UK

$5,950

14 - 18 Jun 2027

London - UK

$5,950

26 - 30 Jul 2027

Paris - France

$5,950

20 - 24 Sep 2027

Amsterdam - The Netherlands

$5,950

04 - 08 Oct 2027

London - UK

$5,950

15 - 19 Nov 2027

London - UK

$5,950

29 Nov - 03 Dec 2027

Amsterdam - The Netherlands

$5,950

Why Choose this Training Course?

It is essential to fully understand how finance influences strategic decision-making because it provides the foundation for an organisation’s economic survival, development, growth and future prosperity.

Are you familiar with the core principles of finance and their links with strategic decisions, and financial planning?

Are you able to use the financial tools, techniques and know-how that influence strategic decision-making and apply them practically in real-life business situations?

This exciting and user-friendly Petroknowledge, Understanding Finance to Influence Strategic Decisions training course deals with, for example, how to avoid unachievable strategic plans and budgets, non-value-adding project investments, high costs of capital, high exposures to financial risk. It illustrates and reinforces the use of the essential financial tools and techniques and will enable non-financial and financial professionals at every level to make better-informed decisions to improve financial performance, and increase corporate value and shareholder value.

This training course highlights:

Linking business and financial strategic decision-making processes with financial planning and budgeting
Clarification of the financial statements and their links with financial planning, budgeting and decision-making
Alternative costing systems, budgeting and measurement systems that support financial decision-making
Capital investment decisions using DCF, and financing decisions, capital structure, and WACC
Linking KPIs to strategy using a balanced scorecard, and management of interest rate and foreign currency exchange rate risk

What are the Goals?

By the end of this Understanding Finance to Influence Strategic Decisions training course, you will have significantly upskilled to be able to:

Think strategically and use the strategic management process and its links to KPI systems as a basis for improved decision-making to maximise shareholder wealth
Analyse and interpret the income statement, balance sheet, and statement of cash flows, and use appropriate costing and measurement systems for more effective planning and budgeting, management of working capital and cash flow, and improved financial performance
Identify the alternative sources of long-term finance, and evaluate the models of optimum capital structure and minimisation of WACC
Apply the technique of DCF for evaluation of capital project investments, and capital budgeting
Use the techniques of uncertainty and risk analysis and develop appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates

Who is this Training Course for?

An understanding of how finance influences successful strategic decision-making is crucial for every role and at every management level in any organisation. This Understanding Finance to Influence Strategic Decisions training course is essential for a wide range of professionals from companies, corporations and governmental organisations, and in addition to interns, financial analysts, financial controllers, accountants and others active in the planning process this training course will greatly benefit business professionals working in:

General Management, Sales and Marketing
Estimating, Costing, and Project Management
Operations and Engineering
Procurement and Logistics
Asset Management
Human Resources
And any other financial and non-financial professionals that need or wish to understand the financial aspects of the strategic decision-making process

How will this Training Course be Presented?

This Understanding Finance to Influence Strategic Decisions training course is presented in a very hands-on way to suit individuals with varying levels of financial knowledge and experience. The Instructor, in addition to his own commercial career experiences, uses a variety of proven adult learning teaching and facilitation techniques to provide a thorough training course in the subjects covered.

This training course is conducted along workshop principles with presentations, numerous worked examples, and real-world experiences and many real-world business scenarios. Interactive team case studies and exercises reinforce the application of each of the learning points. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand – our aim is for this to be an enjoyable learning experience.

Organisational Impact

You will go back to your workplace with an up-to-date and relevant skillset that will benefit your organisation through:

Recognising the important ways in which finance influences strategic decision-making
Developing the ability to think strategically – long-term and wide-ranging – and understanding the factors that impact on strategic decision-making
Understanding how the key financial statements and alternative costing systems are used as the basis for developing financial plans and budgets
Evaluating the financial consequences of alternative strategic decisions relating to for example investment and capital structure, with the aim of maximisation of shareholder wealth
Mitigating and minimising financial risk through risk analysis and the effective use of the appropriate techniques of risk management
Communicating more effectively with financial professionals and sharing throughout the organisation the knowledge gained from the training course

Personal Impact

This Understanding Finance to Influence Strategic Decisions training course will greatly improve your understanding of how strategies are developed and the influence of financial factors on strategic decision-making and the impact of the consequences of those decisions through:

An appreciation of the various analytical models used in the formulation of strategy, and the links between strategic objectives and financial and non-financial KPIs using a balanced scorecard
A clear understanding of exactly how the financial statements and alternative costing systems are used to support effective decision-making, financial planning and budgeting
Evaluating how two of the most important features of corporate finance, capital structure (the proportions of debt and equity financing) and WACC, critically impact on organisational performance and the maximisation of shareholder wealth
Being able to apply the DCF techniques of NPV, IRR, MIRR, and EAC to evaluate new capital project investments, and the techniques of capital budgeting, capital rationing and the PI to determine how financial resources may be optimally allocated between alternative investment projects
Considering how risk may be most effectively managed using the appropriate risk management tools, and insurance and hedging of interest rates and foreign currency exchange rates
Improving your self-confidence to be better placed to deal with financial and other professionals on financial and strategic issues

Daily Agenda

Day 1: Linking Strategic Management and Decision-Making with Financial Planning and Budgeting

Strategy and Strategic Management
Vision, Mission, and Objectives
Key Features of Strategic Decision-making
Rolling-out and Implementing Strategies
Value Creation and Maximisation of Shareholder Wealth
Corporate Objectives, Accountability, and Corporate Governance
Management Accounting and the links between Strategic Planning and Budgeting

Day 2: The Financial Statements and Their Links with Planning and Financial Decisions

The Three Key Financial Statements
Balance Sheet
Income Statement
Statement of Cash Flows
Sources of Internal and External Financing
Cost of Equity, Cost of Debt, and the Weighted Average Cost of Capital (WACC)
Capital Structure Models to minimise WACC
Preparing a long-term Financial Plan to Determine Financing Requirements

Day 3: Costing Systems and Measurement Systems that Support Financial Decision-Making

Costs and Activities
Cost Behaviour
Fixed Costs and Variable Costs
Cost-Volume-Profit (CVP) Relationships, Break-even and Sensitivity Analysis
Direct and Indirect Costs
Activity Based Costing (ABC) and Management (ABM)
Refining the Costing System for Improved Decision-making

Day 4: Capital Investment Decisions

Future Values, Present Values and Discounted Cash Flow (DCF)
Capital Budgeting Principles
Evaluating Capital Investment Projects using Accounting Rate of Return (ARR) and Payback
DCF Evaluation Methods of Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR), Equivalent Annual Cost (EAC)
Deciding on which Investment Appraisal Methods to use
Capital Budgeting, Capital Rationing and the Profitability Index (PI)
Further Factors to Consider in Investment Appraisal

Day 5: Linking Performance Measures to Strategic Decisions and Financial Risk Management

Linking Strategic Objectives to Key Performance Indicators (KPIs) in a Balanced Scorecard
Obstacles to Achieving Strategic Objectives created by the Accounting and Costing System
Uncertainty and Risk Analysis
Types of Business Risk and Financial Risk
Risk Management Principles
Development of Risk Management Tools to Mitigate and Minimise Risk
Insurance and Hedging
Interest Rate Risk and Foreign Currency Exchange Rate Risk

Certificate

On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

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Related Categories

Finance & Accounting

CERTIFICATES

An Interactive 5-Day Training Course

Understanding Finance toInfluence Strategic Decisions

Successful Strategic Decision-Making