Financial skills have always been essential for all managers, at times of change such as those we all face right now, they have become even more important. Managers need to be able to quickly assess the financial impacts of changes and evaluate the potential actions to cope with them.
Budgeting and planning are easier in a world with certainty – the pandemic coupled with ever-increasing technological change increases uncertainty. Managers need to be more flexible and responsive – they need to see threats and opportunities before they hit. They need to put together financial analysis to quality the risks and quantify the required responses to the challenges.
What is new about this programme that another programme does not have?
The programme incorporates:
- The impacts of new and evolving technology on managing finance.
- New progressive ideas on budgeting and forecasting
- Outward looking financial analysis including using financial analysis to develop “Financial intelligence” on competitors, suppliers, and customers
8 Modules of 120 mins each
2 modules delivered each week – xxx TBA
Each module will combine interactive explanation and discussion led by Mr. Wyatt, with:
The 8 modules are titled as follows:
|1||Introduction to accounting and finance|
|2||Reading Financial Statements|
|3||Cash and Working Capital Management|
|4||Financial Ratios and Analysis - Measure and Improve Performance||Developing “Financial Intelligence”|
|5||Costs and Cost management|
|7||Budgeting and Planning|
|8||Forecasting and Innovation in financial management|