In the Financial Management Training Course, you will learn the operational activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operations through effective planning, directing, controlling, and administering of the monetary resources of an organization.
FINANCIAL MANAGEMENT COURSE
Learn financial management in-person or online in this two-day class.
Financial Management Course CPE Credits DIsclosure
Recommended CPE credit: 16
Recommended field of study: Financial Accounting
Program level: Advanced
Advance preparation: None
Additional disclosure information
- Learn industry recommended financial management procedures and best practices.
- Receive training from financial management professional with 30+ years of experience.
- Four ways to learn: public class, webinar, self-study, or on-site training.
- Public class and webinar limited to four students for maximum learning.
- Certificate issued on completion.
- Cost: Two-day class $1,399.00
- Available discounts
What will I learn in the Financial Management Course?
Financial Accounting and Reporting
This module describes the accounting principles that govern the creation of financial statements. Treasury professionals use financial statements to determine the firm’s:
- Overall liquidity level
- Ability to generate revenues from assets and control costs
- Capital structure
Financial statements provide a historical record that can form the basis for future expectations of performance. Subsequently, the financial reporting process must promote consistency and comparability across firms to develop financial statements.
This module opens by distinguishing between US accounting standards (which are rules-based) and global accounting standards (which are principles-based). Next, the module describes the auditing process and the primary types of financial statements. A brief discussion of accounting for derivatives, hedges, and foreign exchange (EX) translation is provided due to its impact on daily treasury operations. The module concludes by discussing accounting issues unique to governmental units and not-for-profit organizations.
Financial Planning and Analysis
Treasury plays an important role in financial planning and decision-making processes. For example, treasury professionals develop and implement financial and operating plans for the treasury area, but they also incorporate the financial and operating plans of all other departments to forecast the liquidity requirements for the overall enterprise. As part of this role, treasury professionals must identify and arrange financing sources and analyze potential investment opportunities while balancing liquidity requirements.
This module reviews the core tools used for financial planning and decision making. These topics include:
- The time value of money concept
- Capital budgeting metrics (e.g., net present value, profitability index, internal rate of return, and payback period)
- Cost behavior, including a discussion of classifications of costs, break-even analysis, the degree of operating leverage, and the degree of financial leverage
- The budgeting and forecasting process
- Financial statement and ratio analysis
- Performance measurement
The Capital Structure Decision and Management
Capital structure refers to the mix of debt and equity used to fund the assets held by a firm. When choosing a capital structure, the goal is to find the financing mix that minimizes capital’s overall cost, maximizing shareholder value. For this reason, treasury professionals must have a grasp of the basic issues associated with capital structure.
This module opens with a review of capital structure. In addition, the module reviews other important areas of financial management, such as lease financing, equity management, an overview of tax strategy, shareholder rights, and dividend policy. Each topic can have a direct bearing on firm value.