Budgeting and Financial Management - Part 3 (2019)

Budgeting and Financial Management - Part 3 (2019)

Updated

Overview

This eCourse consists of two modules. Module 1 provides a high-level overview of financial planning and highlights the role that financial models used to monitor key inputs and calculate key outputs. Financial planning involves the estimation of a wide range of data.

Module 2 provides a high-level overview of working capital and highlights strategies for effective working capital management. Effective working capital management is essential to ensure that a company is able to pay its debts and remain operational. It requires an understanding of the cash conversion cycle and familiarity with strategies for managing this cycle.

Objective

On completion of this course, you will be able to:
- Define the role of financial models in financial planning
- Recall the financial modeling process
- Identify and estimate internal and external inputs for financial models
- Calculate basic financial models
- Recognize the use of sensitivity analysis in financial modeling
- Define and calculate working capital
- Identify the components of working capital
- Define and calculate the cash conversion cycle
- List strategies for effective working capital management

Content

Module 1: Financial Planning & Modelling
Topic 1: Financial Modeling
Topic 2: Generating Inputs
Topic 3: External Factors
Topic 4: Financial Model Outputs

Module 2: Working Capital Management
Topic 1: Working Capital Overview
Topic 2: Measuring Working Capital
Topic 3: Cash Conversion Cycle
Topic 4: Working Capital Management

Details

Code
TERFR19010501
Venue
ePlatform
Language
English
Level
Introductory
Hours
SFC:2.00, PWMA:2.00
Fees
All Member: HK$540
Staff of Corporate Member: HK$540
Non-Member: HK$780