FINANCE, RISK MANAGEMENT & CORPORATE GOVERNANCE

TRAINING OVERVIEW

Every manager aspires to contribute to the success of their organization. However, no company operates in isolation; its fate is intertwined with the cooperation of various stakeholders, including shareholders, creditors, customers, suppliers, and employees. Decisions of significance must carefully consider the interests of all these stakeholders. This DixonTech training program, tailored for managers from diverse backgrounds, aims to provide a comprehensive introduction to pivotal aspects of financial management, risk assessment, and corporate governance crucial for sustained development and prosperity. Through this course, participants will acquire skills to effectively allocate resources, foster profitable growth, address environmental and ethical considerations, and mitigate risks, thereby equipping them to tackle present-day challenges and anticipate future ones.

TRAINING TOPICS

• Finance and financial information
• Financing the business and the cost of capital
• Capex - analysis of investment decisions
• Financial risk management
• Corporate governance

By the end of this training course, delegates will be able to

• Understand and evaluate corporate financial reports
• Determine the best mix, and sources, of finance for your business
• Identify and appraise investments that will add value to your business
• Recognise, quantify, and control the main business risks
• Understand the principles of good corporate governance

TRAINING IS TAILORED TO

• Operational managers
• Financial managers
• Risk managers
• Board level executives and non-executives
• Legal and compliance officers

TRAINING METHODOLOGY

Our training methodology employs a multifaceted approach aimed at maximizing participant engagement and knowledge retention. We combine interactive lectures, hands-on activities, group discussions, case studies, and real-world simulations to create a dynamic learning environment. Participants will have the opportunity to apply theoretical concepts to practical scenarios, fostering a deeper understanding of the subject matter. Our experienced instructors provide guidance and feedback throughout the training, ensuring that each participant gains valuable insights and skills. Additionally, we encourage peer-to-peer learning and collaboration, allowing participants to share experiences and best practices. Our goal is to deliver a comprehensive and immersive learning experience that empowers participants to excel in their roles.

DAY ONE:

FINANCE AND FINANCIAL INFORMATION

• Finance & Accounting
• Developing a Strategic Financial Plan
• Financial Information: Internal & External
• Evaluating Financial Performance to improve Liquidity, Profitability & Efficiency
• Working Capital Management
• Cash Flow Statements and Calculating Free Cash Flow

DAY TWO:

FINANCING THE BUSINESS AND THE COST OF CAPITAL

• Sources of Long Term & Short Term Finance
• The Optimum Capital Structure – Equity or Debt?
• Calculating the Cost of Equity and Meeting Shareholder Expectations
• Calculating the Cost of Debt – Fixed or Floating Rate
• The Weighted Average Cost of Capital (WACC)
• The Capital Asset Pricing Model (CAPM)

DAY THREE:

CAPEX - ANALYSIS OF INVESTMENT DECISIONS

• Strategic Issues facing Organizations Today
• Preparing Project Cash Flow Forecasts in Excel
• Capital Investment Appraisal Techniques: Accounting Rate of Return (ARR) and Payback
• Discounted Cash Flow Appraisal Techniques: NPV and IRR
• Capital Rationing and the Profitability Index (PI)
• Dealing with Risk in Investment Appraisal - RAROC

DAY FOUR:

FINANCIAL RISK MANAGEMENT

• Risk and Uncertainty in Business
• Identifying & Measuring Financial Risk
• How to Manage Risk – The Four Ts
• Managing Exchange Rate Risk
• Managing Commodity Price Risk
• Managing Interest Rate Risk

DAY FIVE: 

CORPORATE GOVERNANCE

• Recognising the needs of stakeholders
• The Role and Scope of Corporate Governance
• Agency Theory: The Role of Directors & Shareholders
• The Role of External & Internal Auditors
• The Role of the Audit Committee
• Emerging trends in Corporate Governance