Objectives

• Use different techniques to evaluate investment performance.
• Improve management skills and increase their value to the organization.
• Understand and use analytical tools and techniques using  real-world examples.
• Make (and/or) contribute to strategic financial decisions and risk assessments

Who Should Attend?

• Managers and those with financial responsibilities.
• Financial decision makers, whose techniques of decision making and analysis will be improved through attendance.
• Professionals acting upon the financial decisions of others, who will gain an appreciation for decision making thereby ensuring shared values within the organisation,
• Mangers involved in planning, risk assessments and decision making.

Outline

Source of Finance                                          

• Potential funding sources.
• Capital markets in financing projects:
• Long Term source of finance
•  Short Term source of finance
• Evaluation of the Types of Finance
• Equity Finance
• Debt Finance
• The Cost of Weighted Average Cost of Capital (WACC)
• Capital Asset Pricing Model (CAPM)
• Different measures of risks.
• Mini Case study

Investment Decisions

• The most appropriate valuation techniques for different economic sectors.
• Applying time-adjusted measures.
• Social cost-benefit analysis in project appraisal
• Net present value (NPV), internal rate of return (IRR) and Pay back method.
• Decision making using EVA and NPV.
• Modified internal rate of return (MIRR).
• Application of real option to project valuations.
• Integration of financial, economic and social appraisals to investment decisions.
• Impact of inflation on financial viability and risks.
•  Foreign exchange risks.
• Financial and economic analysis for selecting a high quality projects.
• Sensitivity analysis, scenario analysis and simulation.
• Mini case study

Managing, Controlling and Modelling Cash flow

• Development of Cash Flow Statement.
• Cash versus Profit
• The Cash Conversion Cycle
• Calculating and Managing the Cash Flow Cycle
• Cash Flow Ratios.
• Working Capital.
• The Cost of Maintaining Working Capital.
• Maintaining the Optimum level of Working Capital
• Working Investment Ratios.
• Preparing a Monthly Cash Flow Forecast.
• Mini Case study

The Challenge of Financial Economic Decision-Making

• The practice of financial/economic analysis
• The value-creating company
• Corporate value and shareholder value
• A dynamic perspective of business
• The agency problem and corporate governance.
• What information and data to use?
• The nature of financial statements.
• The context of financial analysis and decision-making

Revisit the key concepts in decision making

• Course Summary and Checklists
• Cash Budgets & Capital Budgets reviewed.
• Financial Skills and Further Development.
• Open Forum
• Course Review

Certificates

A Certificate of Completion will be issued to those who attend & successfully complete the programme.

Schedule

  08:30 – 10:15 First Session

 10:15 – 10:30 Coffee Break

10:30 – 12:15 Second Session

 12:15 – 12:30 Coffee Break

12:30 – 14:00 Third Session

 14:00 – 15:00 Lunch

 Fees

 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is: