• Starts: August 4, 2022
  • Length: 3 Days
  • Location: Abuja or as decided by the client
  • Fees: ₦ 200,000
  • Reserve: 40
  • Downloaded: 120

Programme Description

Effective finance is built on planning, but organisations needs understand the resilience to deliver. All business decision-making involves analysing situations containing varying degrees of risk. This programme uncovers the essential skills required to understand the processes of cost control and managing risk as an inherent part of delivering organisational success for better decision-making. The course will explore financial resilience, cost control and risk management.

Programme Objective

Participants will be able to:

  1. Develop medium-term financial strategy and align with business strategy
  2. Develop successful and realistic performance plans, incentives, and financial controls at corporate and divisional levels
  3. Anticipate shocks and unknown risks within your financial strategy
  4. Better understand the drivers behind the Bank’s financial performance, and how to leverage that knowledge in specific areas of responsibility.

Programme Modules

1. Introduction to Financial Resilience
2. Building Financial Resilience
3. The need for Financial Resilience in business
4. Understanding Risk Management
5. Principles of Risk
6. Risk Assessment
7. Risk Treatment Plans and Smart Actions
8. Cost Control Basics: Introduction
9. Types of Costing
10. Cost Analysis: Capital Budgeting and Investment Appraisal

Programme Outcomes

At the end of the programme participants will be able to:
1. Understand and apply risk treatment plan
2. Explore and make use of cost analysis
3. Develop an understanding of assessing risk
4. Understand the need for financial resilience in business
5. Identify the various types of costing

Target Participants

Financial Professional, Professional R&D, Sales/Marketing Professional, General Accounting Professional, Business Unit Professional. Anyone or Organizations looking to refine and advance their budgeting and costing knowledge.

Programme Information Session

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