Training Course on Financial Analysis, Planning and Control

Program brief

The Financial Analysis, Planning, and Control course is designed to provide participants with the essential tools and techniques to make informed financial decisions that drive organizational success. This course covers key aspects of financial statement analysis, budgeting, forecasting, and strategic planning, helping learners understand how to evaluate financial health and align financial goals with broader business objectives. Additionally, it delves into the implementation of control systems to monitor performance and ensure effective use of resources. Through practical exercises, participants will gain the skills to optimize financial management and support long-term growth.

Course Objectives:

• Understand the fundamentals of financial analysis and its role in decision-making.
• Learn how to develop and implement effective financial plans.
• Acquire skills in financial control techniques to monitor and manage performance.

Recommended For;

• Finance professionals, analysts, and accountants.
• Business managers and decision-makers.

Duration

5-Days

Course Outline:

Introduction to Financial Analysis:

• Definition and purpose of financial analysis.
• Key financial statements: balance sheet, income statement, cash flow statement.
• Tools and techniques for analyzing financial statements.

Financial Ratios and Metrics:

• Key financial ratios: liquidity, profitability, efficiency, and solvency ratios.
• How to interpret and use financial ratios for performance assessment.
• Benchmarking against industry standards and competitors.

Budgeting and Forecasting:

• Importance of budgeting in financial planning.
• Types of budgets: operating, capital, and cash budgets.
• Techniques for financial forecasting and variance analysis.

Strategic Financial Planning:

• Linking financial planning with organizational strategy.
• Setting financial objectives and performance targets.
• Long-term vs. short-term financial planning considerations.

Cost Analysis and Control:

• Understanding fixed, variable, and semi-variable costs.
• Techniques for cost analysis (break-even analysis, contribution margin).
• Implementing cost control measures and monitoring performance.

Performance Measurement and Management:

• Key performance indicators (KPIs) for financial performance.
• Balanced scorecard approach to performance management.
• Role of management accounting in performance evaluation.

Cash Flow Management:

• Importance of cash flow analysis in financial planning.
• Techniques for cash flow forecasting and management.
• Monitoring and controlling cash flow to ensure liquidity.

Risk Management in Financial Planning:

• Identifying financial risks and their implications for planning.
• Techniques for assessing and mitigating financial risks.
• Incorporating risk management into financial decision-making.

Using Financial Software and Tools:

• Overview of financial analysis and planning software.
• Leveraging technology for data analysis and reporting.
• Best practices for using spreadsheets and financial modeling.

General remarks

• Customizable courses are available to address the specific needs of your organization.
• The participant must be conversant in English
• Participants who successfully complete this course will receive a certificate of completion from Lenol Development Center.
• The course fee for onsite training includes facilitation training materials, tea break and lunch.
• Accommodation and airport pick up are made upon request
• For any inquiries reach us through info@lenoldevelopmentcenter.com or +254 710 314 746
• Payment should be made to our bank account before the start of training