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Strategic Finance for Public Entities Synopsis

MAJOR OBJECTIVE
To provide non-financial managers with a practical and enjoyable introduction to management finance, with special emphasis on their role in improving return on investment through cost control and asset management. The programme covers the requirements of The Public Finance Management Act, Financing and Investment decisions.
 
COURSE CONTENT
Module A: Return on Investment
Return on Assets
The Income Statement
The Balance Sheet
Module B: Working Capital and Cash Flow
Working Capital Ratios
Return on Stock Investment
Profit versus Cash Flow
Module C: The Budgeting Process
Understanding a Budget
Constructing and Coordinating the Budget
Controlling the Budget
Module D: Fixed and Variable Costs
Understanding Fixed and Variable Costs
Budgeting for Fixed and Variable Costs
Contribution Margins and Break-Even
Module E: Capital Budgeting
Reasons for Capital Budgeting
Methods of Capital Budgeting
Understanding the Time Value of Money
Module F: Financing and Investment Decisions
Gearing
Financial Instruments
Share Valuations
Economic Value Added
Module G: The Public Finance Management Act
General Provisions
Responsibilities of Officials
Executive Authorities and Financial Misconduct
 
TRAINING METHODOLOGY
A delegate workbook as well as a rnage of case studies and workshop work. Discussion exercises in small groups facilitate transfer of learning to the delegates.
In-house instructors can be licenced to conduct the programme on a modular basis. Introductory programs are conducted by Stratagem over four days.
 
COURSE DURATION
Course duration is four days. Presented in-company.
 
FOR WHOM INTENDED
Middle to senior management of public entities including municipalities and state owned entities.