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.

This course is designed for all:

• Board members and directors
• C-suite executives (CEOs, CFOs, COOs)
• Senior decision-makers and advisors
• Corporate governance professionals
• Business owners and entrepreneurs
• Investors and stakeholders involved in strategic decision-making

Course Outline:

Financial Foundations for Board Members

• Importance of Finance in Corporate Governance
  • Role of financial information in strategic decision-making
  • Board members' fiduciary responsibilities
• Understanding Key Financial Statements
• Balance sheet, income statement, and cash flow statement
• Interpreting financial ratios and trends

Corporate Finance and Strategic Planning

• Fundamentals of Corporate Finance
  • Capital structure and cost of capital
  • Sources of financing: equity vs. debt
• Financial Planning and Budgeting
• Budget creation, forecasting, and variance analysis
• Strategic financial planning

Investment Evaluation and Risk Management

• Investment Appraisal Techniques
  • Net present value (NPV), internal rate of return (IRR), and payback period
  • Evaluating capital investment decisions
• Risk Management Principles
• Identifying, assessing, and mitigating financial risks
• Hedging and insurance strategies

Governance, Compliance, and Performance Monitoring

• : Governance and Regulatory Frameworks
  • Compliance requirements and reporting obligations
  • Role of audit committees and external auditors
• Performance Monitoring and Financial Oversight
• KPIs for financial performance evaluation
• Monitoring financial risks and reporting irregularities

Boardroom Strategy, Communication, and Workshop

• Effective Communication of Financial Information
  • Presenting financial insights to non-financial stakeholders
  • Best practices for boardroom discussions
• Strategic Decision-Making for Board Members
• Evaluating financial scenarios and implications
• Making informed, value-driven decisions

A variety of methodologies will be used during the course that including:

• (30%) Based on Case Studies
• (30%) Techniques 
• (30%) Role Play
• (10%) Concepts
• Pre-test and Post-test
• Variety of Learning Methods
• Lectures
• Case Studies and Self Questionnaires
• Group Work
• Discussion
• Presentation

International Center for Training & Development (ICTD) will award an internationally recognized certificate(s) for each delegate on completion of training.

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.

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