"Strategic financial planning is one of the important components in building performance appraisal systems in organisations in modern business environments, which are characterised by an urgent and continuous need to develop performance, not only current performance but future performance, in addition to the increasing importance of developing analysis strategies and measuring deviations in financial performance to rationalise and develop decision-making processes. Financial, strategic financial planning and execution ensure accountability while aligning the entire business with actionable and achievable goals and objectives.
This advanced program is specially designed for professionals who require superior skills and in-depth information on developing strategic financial plans, budgeting, and financial forecasting procedures.
The course aims to help participants study a structure that creates a link between strategy, goals and annual budgets so that organisations can achieve remarkable success.
Students will also learn forecasting techniques and develop practical skills on how to budget as a strategy and use variance analysis and monitoring of budgets to explore space for improving financial performance. Finally, participants will have the opportunity to explore the impact of alternative financing techniques, and the risks on financial plans.
