In order to meet all the proposed objectives, TECH has structured this Postgraduate certificate in Financial Function in Business Consulting in one specialized module. The program will be developed over 6 weeks, a period in which the student will be able to deepen in aspects such as analytical accounting or financial risks, among many others. With this, the professional will receive the necessary impulse to become a great specialist in this booming area. 

This program contains the most complete and updated syllabus on the market in business consulting applied to the financial function" 

Plan de estudios

Among the elements that can make or break a company is the management of its finance function. The correct management of the company's capital is vital to its progress, but not all companies have specialists in this field. For this reason, the profile of the business consultant oriented to this area is booming. 

This Postgraduate certificate in Financial Function in Business Consulting, designed by TECH, provides the professional with all the latest knowledge in the discipline, delving into issues such as strategic financial planning, the adaptation of the financial function to the new digital era, operational ratios or organizational models of the financial function. 

All this, over 150 hours of learning spread over a period of 6 weeks, with a 100% online methodology and the best teaching resources, prepared in various multimedia formats. 

With these elements, the student will be prepared to face all the challenges involved in the complex task of supervising the management of a company's financial function. 

This Postgraduate certificate takes place over 6 weeks and consists of 1 module: 

Module 1. Financial function

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate certificate in Financial Function in Business Consulting fully online. During the 6 weeks of the specialization, the student will be able to access all the contents of this program at any time, which will allow the student to self-manage his or her study time. 

Module 1. Financial Function

1.1. Financial Function

1.1.1. The Usual Functions and Role of the CFO
1.1.2. Organizational Structure of Financial Function
1.1.3. Challenges and Trends in Financial Function:

    1.1.3.1. Retrospective of Financial Function
    1.1.3.2. Towards a Leaner Financial Function
    1.1.3.3. Key Enablers

1.2. Operational Finance

1.2.1. Finances Accounting
1.2.2. Financial Accounting

    1.2.2.1. Heritage Properties
    1.2.2.2. Balance
    1.2.2.3. Income Statement
    1.2.2.4. Cash Flow
    1.2.2.5. Operating Ratios: ROE, ROA
    1.2.2.6. Operating Cash Requirements
    1.2.2.7. Working Capital

1.2.3. Keys to Balance Sheet Analysis
1.2.4. Keys to Income Statement Analysis

1.3. Analytical Accounting

1.3.1. Taxonomy of Costs
1.3.2. Types of Cost Allocation

    1.3.2.1. Standard Cost
    1.3.2.2. Analytical Models

1.3.3. Types of Analytical Models

    1.3.3.1. Direct Costing
    1.3.3.2. Full Costing
    1.3.3.3. Activity-Based Costing

1.4. Treasury and Financial Risks

1.4.1. The Treasury Function
1.4.2. Organizational and Governance Model of the Treasury Function
1.4.3. Functions

    1.4.3.1. Working Capital Management
    1.4.3.2. Cash Flow Management
    1.4.3.3. Liquidity Management

1.4.4. Tendencies
1.4.5. Treasury-Related Systems and Applications
1.4.6. Treasury Reports

    1.4.6.1. Structure of Treasury Reports
    1.4.6.2. Classification of the Different Types of Receipts and Payments
    1.4.6.3. The Budget for Collections and Payments
    1.4.6.4. Optimization of Cash Surpluses
    1.4.6.5. Practical Business Management Conclusions

1.5. Corporate Performance Management (CPM)

1.5.1. Strategic Financial Planning

    1.5.1.1. Process
    1.5.1.2. Good Practices
    1.5.1.3. Models (Structure, Working Capital, Debt/Equity, Tax, Others)

1.5.2. Budget

    1.5.2.1. Budget Dimensions
    1.5.2.2. Budgeting Techniques
    1.5.2.3. Common Problems

1.5.3. Consolidation

    1.5.3.1. Corporate Taxonomy in Parent Company Consolidation
    1.5.3.2. Soc. Dependent
    1.5.3.3. Soc. Multigroup
    1.5.3.4. Soc. Associate
    1.5.3.5. Consolidation Methods

        1.5.3.5.1. Global
        1.5.3.5.2. Proportional
        1.5.3.5.3. Equity Method

    1.5.3.6. Stages of the Process

        1.5.3.6.1. Homogenize
        1.5.3.6.2. Add
        1.5.3.6.3. Adjust
        1.5.3.6.4. Reports

1.5.4. Common Problems

1.6. Financial Reporting

1.6.1. Data
1.6.2. Sources of Information
1.6.3. Types of Reporting Solutions
1.6.4. Implementation Methodologies
1.6.5. Expected Profits

1.7. Adapting the Finance Function to the New Digital Era

1.7.1. Tendencies

    1.7.1.1. Talent Management and Organizational Design
    1.7.1.2. Digital Processes / Automation
    1.7.1.3. New Generation ERP Systems
    1.7.1.4. Cloud and SaaS
    1.7.1.5. Internet of Things
    1.7.1.6. Blockchain
    1.7.1.7. Big Data & Analytics

1.7.2. Financial Management Challenges
1.7.3. Solutions

    1.7.3.1. Strategy, Integration, Function Transformation
    1.7.3.2. Efficiency and Automation (RPA / Artificial Intelligence)
    1.7.3.3. Performance Improvement
    1.7.3.4. Treasury Management
    1.7.3.5. Governance and Internal Control

1.8. Organizational and Operational Models of Finance function

1.8.1. Models of Organization of Financial Function
1.8.2. Centralization vs.  Decentralization
1.8.3. Centralization: Introduction to Different Models

    1.8.3.1. Shared Services Center (SSC)
    1.8.3.2. Multi-Function Shared Services (MFSS)
    1.8.3.3. Global Business Sevices (GBS)
    1.8.3.4. Integrated Business Services (IBS)
    1.8.3.5. Business Process Management (BPO)

1.9. Governance and Internal Control

1.9.1. The Role of Internal Control
1.9.2. Internal Control over Financial Reporting
1.9.3. Frame of Reference
1.9.4. Internal Control System over Financial Reporting
1.9.5. The Role of Supervision and the Role of the Audit Committee

1.10. Financial Function Consulting

1.10.1. Consulting for Financial Function According to the Area of Operation
1.10.2. Types of Projects
1.10.3. Organization of Financial Consulting Projects

The contents of this program will prepare you for the present and future challenges of business consulting"

 

Taking into account the delicacy of the area of the financial function, this Postgraduate certificate aims to prepare the professional to perform business consulting tasks in a precise and effective way applied to this field. This program, therefore, will make the student a specialist in a complex discipline where experts are scarce. For this reason, at the end of your degree, you will be a sought-after figure for all types of companies. 

This Postgraduate certificate will prepare you to manage and supervise complex capital operations” 

TECH makes the objectives of its students its own.
They work together to achieve them.

The Postgraduate certificate in Financial Function in Business Consulting trains the student to:  

1. Clearly explain the purpose of this function, from a business perspective and also from the business consulting side and the services that consulting firms provide
2. Detail key organizational aspects of the function and relevant operating models
3. To delve into financial accounting, especially in the interpretation of the reports that reflect the business reality (assets and liabilities, balance sheet, operational financing needs, working capital, income statement, cash flow reports, etc.)
4. Deepen the understanding of treasury and financial instruments 
5. Mastering corporate performance management (strategic planning, budgeting, forecasting, consolidation, reporting) 
6. Emphasize the challenges that the finance function is facing today and how it is adapting to the new digital reality 
7. Describe the key aspects of internal control and governance
8. Understand the overall strategic planning process and how it adds value to organizations. 
9. Know how the financial function is organized in companies, and what operating models exist in business organizations
10. Learn to differentiate between the company's strategy and how to implement it in its operation