Strategic Financial Management
Challenge your assumptions and think again about the role of accountancy in a constantly evolving world. Discover how the finance function can play a proactive role at a strategic level, focusing on the value of the business.
£150 +VAT

Strategic Financial Management
£150 +VAT
365 days’ access

Strategic Financial Management
This course is not currently available. To find out more, please get in touch.
This course will enable you to
- Embrace the proactive role of a strategic financial manager
- Consider the different drivers of change on the business environment
- Explain how financial management differs from traditional accounting
- Understand how financial management can help achieve your business objectives
- Decide between alternative approaches to cash flows, and the likely impact on different stakeholders
- Calculate net present values and explain the arithmetic of discounting and why its important for evaluating and monitoring investments
- Understand how strategic financial management fits together in an integrative model
About the course
In a fast changing, dynamic and volatile world, accountants need to go beyond the accounting tradition of reporting on the past and become financial managers who can help organisations make sound business decisions that will influence the future. Do you have what it takes to make that shift?
Strategic Financial Management brings together financial management and strategic management and explains how good financial management can help both define and achieve business objectives. This course will challenge your assumptions and encourage you to think again about the role of accountancy in a constantly evolving world and help you play a proactive role at a strategic level.
We are proud to bring you a this updated version of a classic course from the original thinker who first defined the concept of Strategic Financial Management.
Contents
Strategic management
The increasing rate of change
Management philosophy
Standing in the way of control
Control systems
Financial management
Financial management
Controlling financial management
Elements of control
Time and forecast relationships
Business objectives
Treasury and business aspects
Cash flow
Cash flow basics
Cash flow and stakeholders
Different viewpoints
Changing price levels
The flow of funds
Net present values
Academic unreality
The discount rate
Budgetary control
Pricing policy
Where do we start?
Author

David Allen
Past President of CIMA and past Chairman of the Management Accounting Committee of IFAC.
34 reviews for Strategic Financial Management
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Rob Mcilvaney –
Decent insight into not standing still
Irene Awala –
Great!
Paul Nelson –
Good course
Gugu Mdluli –
The course was insightful and relevant to my duties. It was such an eye opener. I would do this course over and over again. I liked the interactive part of it when doing examples in the form of calculations and the availability of template to download.
Emma Strong –
A few more short videos would have helped – they were great. As always love the quizzes to keep you focusing.
Stefan Craciun –
Very interesting and informative course/gives a different view on cash flows and NPV than the academic approaches
Kimberley Estwick –
Informative
Vijay H –
Good interesting content!
Kenneth E J Chedzey –
An interesting course which gave me some alternate viewpoints on strategic financial management.
Temesgen Chinie –
I enjoy when lesson had more video just mere reading. If the same content was put on a video it would make more interesting and easier to follow.
Joseph Wheeler –
Great Course
Martin John Cope –
Very clear and thought provoking
Mark Casson –
Encouraged by the FM versus accounting thinking, but disappointed that it didn’t explore options of changing the focus away from shareholder (ie owner) obsession and therefore profit obsession. In fact the overall theme of the course is tantalisingly close to this, but perhaps it could go further. Loved the focus on forecasting and cashflow over traditional budgeting, but again might be useful to explore further an evolution of budget from FM perspective; it was touched on in the latter modules.
David Martin –
The methodological principles were clear but the workings were could be better explained.
Sandra Bell –
Great overview and good points I liked the revision it provided
Joshua Howarth –
Very relevant and informative
Sue Moore –
Initially I wondered when this course was written as it opened with a paragraph similar to what I had been referring to, over 15 years ago. As the course moved on I felt it was more modern than initially, though harped on rather about annual budgets. The annual budget process still exists out there, but, all the companies I worked for from 2000, had the ability to seek funding for investments during any part of the year. Those investments always had to be part of the strategy and objectives, and had show a positive return. Overall the course was interesting and kept my attention. I found the sight of the spreadsheet useful for NPV but, as on other courses/modules, the use of this standalone sheet isn’t that helpful in the way it is applied. A pity some of the actions couldn’t be more interactive, maybe using the video with them or sound bites. there is also a typo in the last module where it says 1.1% instead of 1.05%
Bernard Kelly –
Gail Thompson –
I gained a greater understanding of strategic financial management
Linda Foulkes –
Edwin Parr –
Updating knowledge from previous studies
Olive McLucas –
John Newman –
Lorena Nichols –
I thought provoking course that encourages me to assess how I report financial MI
Rebecca Byrne –
Concise, informative content on a subject I wanted to know more about.
Philip Keeble –
Elsa Tam –
Luigi De Cata –
The topic Is very complex and quite new for me. I didn’t like this course. I would excpect a more basic training with more detailed example.
Silke Eichenauer –
Fernando Melendo –
Good course to refresh knowledges
David Premeji –
It has been good revision
Jeremy Margetson –
Amadee Pelgrim –
Ian Gampe –
While the approach was not what i expected it challenged a number of practices and offered new ways to approach achieving budget setting and investment review