Foundations In Financial Management (FFM)

Foundations in Financial Management Course Outline

Module 1: Working capital management

• Working capital management cycle
• Inventory control
• Accounts payables and receivables control

Module 2: Cash budgeting

• Nature and sources of cash
• Cash budgeting and forecasting

Module 3: Managing cash balances

• Treasury function
• Overview of financial markets
• Managing deficit cash balances
• Managing surplus cash balances

Module 4: Financing decisions

• Money in the economy
• Medium term financing
• Long term financing
• Financing for small and medium sized enterprises

Module 5: Investment decisions

• Financing concepts
• Capital budgeting
• Capital investment appraisal

Module 6: Credit management

• Legal issues
• Credit granting
• Monitoring accounts receivables
• Debt collection

Module 7: Employability and technology

• Use computer technology to efficiently access and manipulate relevant information
• Work on relevant response options, using available functions and technology as would be required in the workplace
• Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools
• Present data and information effectively, using the appropriate tools

Who Should Attend this Foundations in Financial Management Course?

This course is ideal for individuals seeking a fundamental understanding of financial management. It is suitable for those looking to enhance their ability to manage budgets, analyse financial data, and improve business financial performance. This course can be beneficial for a wide range of professionals, including:

• Finance Assistants
• Business Managers
• Entrepreneurs
• Budget Analysts
• Accountants
• Operations Managers
• Project Managers
• Consultants

Prerequisites of the Foundations in Financial Management Course

There are no formal prerequisites for this Foundations in Financial Management Course. However, basic maths, logical reasoning, and English proficiency will help in understanding financial data, business decision-making, and financial planning concepts.

Foundations in Financial Management Course Overview

Financial management is a key component of business success, ensuring effective allocation of resources and strategic decision-making. This course introduces fundamental financial principles, equipping individuals with essential skills to analyse financial data, manage budgets, and optimise financial performance.

Proficiency in financial management is crucial for individuals involved in business operations, financial planning, and decision-making. It benefits those responsible for budgeting, cost control, and investment planning, enabling them to enhance financial efficiency and business growth.

This training offered by The Knowledge Academy provides a structured understanding of financial management concepts, including financial planning, risk assessment, and cost management. Delegates will develop practical skills to interpret financial reports, make informed financial decisions, and improve overall business performance.

Course Objectives

• To understand fundamental financial management principles and concepts
• To learn budgeting, cost control, and financial planning techniques
• To analyse financial statements for effective decision-making
• To assess financial risks and develop risk management strategies
• To improve knowledge of investment planning and capital management
• To enhance skills in cash flow and working capital management

Upon completing this course, delegates will receive a certification demonstrating their knowledge of financial management principles. This certification enhances career opportunities and validates their ability to apply financial strategies in business settings.

What’s included in this Foundations in Financial Management Course?

• World-Class Training Sessions from Experienced Instructors
• Foundations in Financial Management Certificate
• Digital Delegate Pack