Strategic Finance For Public Entities Synopsis

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.

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.