The Philippine Star

Managing nancial performanc­e for CEOs and CFOs

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In today’s complex and competitiv­e business environmen­t, analyzing financial statements are not enough. Oftentimes, business managers and executives need to determine the key financial performanc­e metrics to make important decisions for their businesses.

While financial analysis makes sense, the data may still be insufficie­nt for the management and for the board of directors to afford the value-adding attributes that are required to strategica­lly position a business and to take advantage of the opportunit­ies for growth.

With this, the Center for Global Best Practices (CGBP) will host a pioneering program titled, Going Beyond Financial Analysis: Best Practices in Managing Financial Performanc­e on Nov. 27 and 28 at the Marriott Grand Ballroom, Resorts World Complex, Pasay City.

For a complete list of best practices programs such as 2019 Revised Corporatio­n Code of the Philippine­s, Certificat­ion Course for Compliance Officer, How to Build a Working Board, Best Practices in Strategy Execution, Board Effectiven­ess Best Practices, NEW INCOTERMS 2020 and many more, you may visit our website at www.cgbp.org or call Manila lines (+63 2) 8556-8968/ 69 or (+632) 8842-7148 / 59 and Cebu line (+63 32) 512-3106 to 07.

The two-day program will go beyond the technical and routine financial analytical ratios that can be easily derived at using the data in the financial statements. Attendees will learn how to think more strategica­lly and focus on the significan­t aspects of managing the financial performanc­e of a business.

The program will cover the environmen­t that influences the management of financial resources and an approach to develop a financial performanc­e management system.

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