The British Academy for Training and Development offers this training program in Financial Management, aiming to provide participants with a deep and comprehensive understanding of the principles and modern practices in financial management, and to enhance their ability to apply financial concepts in changing and complex work environments. Financial management is one of the key pillars that ensure the continuity and growth of institutions, as it represents the tool that connects strategic objectives with operational outcomes.

This program focuses on enhancing analytical skills and making sound financial decisions, from understanding financial reports and statements to financial planning, investment evaluation, and risk management. It also covers tools and methodologies that enable participants to effectively handle daily financial challenges and engage in long-term financial thinking that ensures the financial sustainability of the institution.

The program has been carefully designed to offer a balanced mix of theoretical knowledge and practical real-world applications, taking into account the latest developments in financial markets and contemporary management methods. It is an ideal choice for professionals who seek to refine their financial skills and keep up with the dynamic changes in the business world.

• Financial Management Concepts

  • Definition and core functions of financial management.

  • Distinguishing between financial management and accounting.

  • The role of financial management in achieving organizational objectives.

• Components of Basic Financial Statements

  • Balance Sheet.

  • Income Statement.

  • Cash Flow Statement.

• Financial Ratio Analysis

  • Profitability, liquidity, and efficiency indicators.

  • Financial risk analysis through ratios.

  • The managerial use of ratios for assessment.

• Importance of Financial Planning

  • The role of planning in resource allocation.

  • The relationship between financial planning and operational planning.

  • The time horizon for financial planning.

• Preparing Budget Forecasts

  • Operational budget and capital budget.

  • Preparing cash flow forecasts.

  • Using budgets for financial control.

• Financial Planning Tools

  • Sensitivity analysis.

  • Break-even analysis.

  • Financial modeling and forecasting.

• Components of Working Capital

  • Cash, receivables, and inventory.

  • Short-term liabilities.

  • The relationship between working capital and liquidity.

• Working Capital Management Policies

  • Conservative policy.

  • Moderate policy.

  • Aggressive policy.

• Improving Working Capital Efficiency

  • Reducing the operating cycle.

  • Enhancing collection and payment cycles.

  • Improving operational efficiency indicators.

• Short-Term Financing

  • Commercial loans and bank facilities.

  • Trade credit.

  • Bills of exchange.

• Long-Term Financing

  • Common and preferred stocks.

  • Bonds and long-term loans.

  • The advantages and disadvantages of each financing source.

• Cost of Capital

  • Calculating the cost of debt and equity.

  • The concept of the weighted average cost of capital (WACC).

  • The impact of the cost of capital on decision-making.

• Traditional Valuation Methods

  • Payback period.

  • Accounting rate of return.

  • Using these methods in preliminary evaluation.

• Discounted Financial Valuation Methods

  • Net Present Value (NPV).

  • Internal Rate of Return (IRR).

  • Profitability Index as a comparison tool.

• Capital Structure Concept

  • Components of permanent and temporary capital.

  • The impact of financing structure on company value.

  • The relationship between capital structure and risks.

• Types of Financial Risks

  • Market risks.

  • Credit risks.

  • Liquidity and operational risks.

• Risk Measurement and Assessment Tools

  • Sensitivity analysis and standard deviation.

  • Value at Risk (VaR).

  • Probability models and risk distributions.

• Risk Mitigation Strategies

  • Financial diversification.

  • Derivative hedging tools.

  • Preventive policies and controls.

• Integrating Financial Analysis into Strategic Planning

  • Supporting strategic vision with financial data.

  • Financial forecasting in long-term planning.

  • Scenario analysis and financial impact.

• Using Financial Analysis for Strategic Decision-Making

  • Improving cost and profitability.

  • Evaluating expansion and acquisition opportunities.

  • Developing sustainable growth strategies.

• Preparing Professional Financial Reports

  • The optimal structure for reports.

  • Converting data into financial insights.

  • Using reports for executive presentations.

• The Role of Financial Information in Managerial Decision-Making

  • Supporting financing and investment decisions.

  • Enhancing operational planning accuracy.

  • Contributing to policy formulation.