Strategic Financial Planning for Accountancy Practices
CPD Hours: 2
Price: R450.00
Strategic Financial Planning for Accountancy Practices
Presenters : Bekithemba Ndebele ACCA
Overview
Financial planning is a critical aspect of accounting that ensures an organization's financial health, stability, and long-term sustainability. It involves budgeting, forecasting, risk assessment, and investment strategies to optimize financial performance. Proper financial planning allows businesses to allocate resources efficiently, achieve financial goals, and comply with regulatory requirements. Understanding financial planning principles is essential for accountants, business owners, and finance professionals.
Join Bekithemba Ndebele ACCA to gain strategic insights and practical tools to transform your organization's financial planning approach. This webinar will equip you with the skills to create robust financial frameworks that drive sustainable growth and stability.
Learning objectives
Attending this webinar will equip you with the following skills:
- Understanding the key principles and importance of financial planning in accounting.
- Learning how to develop effective budgets and financial forecasts.
- Identifying financial risks and implementing mitigation strategies.
- Gaining knowledge on investment planning and capital management.
- Understanding the role of financial planning in business decision-making.
Content
The webinar will cover the following topics:
- Introduction to Financial Planning in Accounting
- Definition and significance
- Objectives of financial planning
- Key components of an effective financial plan
- Budgeting and Forecasting
- Importance of budgeting in financial management
- Types of budgets (operating, capital, cash flow)
- Financial forecasting techniques
- Financial Risk Management
- Identifying financial risks in accounting
- Strategies for managing liquidity and credit risks
- Compliance with financial regulations
- Investment Planning and Capital Management
- Basics of investment planning
- Capital allocation strategies
- Evaluating financial performance and return on investment (ROI)
- Financial Planning for Business Growth
- Role of accountants in financial decision-making
- Financial planning for small businesses vs. large corporations
- Technology and automation in financial planning
