# Certificate in Financial Management

I.     Control of business finance and information

• Objectives of business control
• Financial control & the accounting system
• Internal control systems

 II.     Business finance and information

• Objectives and usefulness
• Understanding the financial statements
• Financial performance indicators
• Creative accounting impact 

 III.    Managing costs and cost controls 

• Organizational costs
• Cost information systems
• Cost revenue relationships
• Cost savings and productivity

 IV.    Working capital management

• Working capital
• Managing inventories

V. Working capital management 2 

• Managing trade receivables
• Cash flows management

 VI.    Investment evaluation and choices

• Business risk analysis
• Financial assessment
• Investment feasibility

 VI.    Business planning and budgeting

• Corporate objectives
• Corporate budgeting system
• Performance variance management

 VII.   Corporate finance and the capital markets

• Capital and financing structures of corporations
• Sources and instruments of financing
• Valuation of corporate securities
• Financial market operations

Course description

This course is designed for corporate executives and management trainees to equip themselves with a comprehensive understanding of business finance and practical knowledge for everyday management activities.

As corporate executives progress into their senior management careers they would have to deal with issues, and many of these have serious financial implications such as control of budgets and financing, product pricing and discounting, returns on investment and control of trade receivables. While the finance department remains the expert department, business practices and policies are executed daily by the corporate managers and their executives themselves. Therefore, these corporate executives are key to successful business and financial control, if they can support the finance department.