Strategic Financial Management and Effective Budget Execution

Why Attend

Strategic financial management provides the essential ingredients for achieving a sound budget preparation and execution system.

This course focuses on the issues and challenges likely to impede the seamless operation of management and financial accounting processes and examines the techniques and tools needed to address them. It will underline what constitutes strategic financial management and effective budget execution within the context of achieving their strategic and operational objectives.

The course will enhance understanding of all the key processes within the accounting cycles leading up to the preparation of financial statements, including the use of performance management tools.

Overview

Course Outline

Schedule & Fees

Course Methodology

Presentations, case studies and interactive classes

Course Objectives

On completion, you will be able to:
⦁ Apply strategic financial management to add value to the budget execution process
⦁ Describe the differences between a management accounting system and a financial accounting system
⦁ Undertake cost analysis and apply strategic management and costing principles to support improved decision making
⦁ Understand types of cost information and how to put that information to best use
⦁ Design robust and meaningful financial performance measures to help enhance financial control
⦁ Understand the main processes involved in the preparation of accounts for strategic and operational use by all level of management
⦁ Appreciate the accounting adjustments which are necessary to transform internal management accounts into statutory and regulatory financial statements

Target Audience

This course is primarily designed for the following target group in mind.
- Principal Budget officers
- Assistant budget officers
- Budget Clerks
- Finance Managers
- Department or Sectional Heads
- Accountants
- Auditors

Target Competencies

n/a

The budget execution process
The framework of management control and expenditure monitoring
Traditional financial reporting and results-based performance measurement
Design and implementation of the Chart of Accounts (COA)
Procurement planning and the use of Public-Private Partnerships (PPPs)
Costing principles and techniques
Principles of effective cash management
Planning and budgeting and their impact on cash-flows and profitability
Integrated financial management information systems
Sources of finance

$2975

Port Louis

Country: Mauritius

Duration: Two weeks

Date: 10–21 Nov 2025

$2975

Arusha

Strategic Financial Management and Effective Budget Execution

Overview

Course Outline

Schedule & Fees

Course Methodology

Course Objectives

Target Audience

Target Competencies

$2975

Country: Mauritius

Duration: Two weeks

Date: 10–21 Nov 2025

$2975

Country: Tanzania

Duration: Two weeks

Date: 13–27 Feb 2026