Course Introduction:
Finance is a fundamental aspect of strategic decision-making and corporate governance. For board members and senior executives, understanding financial principles and interpreting key financial statements are essential for driving business success, ensuring regulatory compliance, and evaluating organizational performance. This knowledge empowers boardroom leaders to provide valuable insights and oversight while making informed decisions that shape the organization's future.
Course Objectives:
By the end of the training, participants will be able to:
•Develop an understanding of key financial statements and their strategic implications
•Enhance financial literacy for effective decision-making in the boardroom
•Gain insights into corporate finance, budgeting, and financial planning
•Learn how to evaluate investment opportunities and manage risks
•Understand compliance, regulatory, and governance considerations
•Strengthen oversight capabilities for financial performance monitoring
Who Should Attend?
This course is designed for all:
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Board members and directors
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C-suite executives (CEOs, CFOs, COOs)
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Senior decision-makers and advisors
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Corporate governance professionals
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Business owners and entrepreneurs
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Investors and stakeholders involved in strategic decision-making
Course Outline:
Financial Foundations for Board Members
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Importance of Finance in Corporate Governance
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Role of financial information in strategic decision-making
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Board members' fiduciary responsibilities
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Understanding Key Financial Statements
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Balance sheet, income statement, and cash flow statement
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Interpreting financial ratios and trends
Corporate Finance and Strategic Planning
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Fundamentals of Corporate Finance
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Capital structure and cost of capital
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Sources of financing: equity vs. debt
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Financial Planning and Budgeting
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Budget creation, forecasting, and variance analysis
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Strategic financial planning
Investment Evaluation and Risk Management
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Investment Appraisal Techniques
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Net present value (NPV), internal rate of return (IRR), and payback period
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Evaluating capital investment decisions
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Risk Management Principles
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Identifying, assessing, and mitigating financial risks
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Hedging and insurance strategies
Governance, Compliance, and Performance Monitoring
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: Governance and Regulatory Frameworks
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Compliance requirements and reporting obligations
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Role of audit committees and external auditors
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Performance Monitoring and Financial Oversight
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KPIs for financial performance evaluation
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Monitoring financial risks and reporting irregularities
Boardroom Strategy, Communication, and Workshop
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Effective Communication of Financial Information
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Presenting financial insights to non-financial stakeholders
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Best practices for boardroom discussions
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Strategic Decision-Making for Board Members
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Evaluating financial scenarios and implications
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Making informed, value-driven decisions
Course Methodology:
A variety of methodologies will be used during the course that including:
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(30%) Based on Case Studies
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(30%) Techniques
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(30%) Role Play
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(10%) Concepts
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Pre-test and Post-test
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Variety of Learning Methods
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Lectures
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Case Studies and Self Questionnaires
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Group Work
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Discussion
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Presentation
Course Certificate:
International Center for Training & Development (ICTD) will award an internationally recognized certificate(s) for each delegate on completion of training.
Course Fees:
To be advised as per course location. This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Course Timings:
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session