Accounting and Finance for Non-Financial Managers: Financial Statements, Capital Budgeting and Derivatives
(FINNM, 4 days)


Dates and Pricing


Jan 16 to Jan 19, 2018$2,775/person Feb 13 to Feb 16, 2018$2,775/person Mar 13 to Mar 16, 2018$2,775/person

Outline

Essential Concepts
Overview of Important Financial Concepts
A Tour of Financial Statements
Differentiating Assets and Liabilities
Understanding Cash and Non-Cash Items
The Importance of Capital Budgeting
Using Derivatives to Mitigate Risk
US GAAP vs IFRS: A High Level Overview
The Income Statement
What’s in the Income Statement
Understanding Operating Income
Understanding Cost of Goods Sold
Understanding Net Income
About Operating vs Capital Expenses
A Few Essential Ratios
The Effect of Currency Exchange Rates
Performing Common Size Analysis for Decision Making
The Multiple IRR Problem
The No IRR Problem
The Balance Sheet
Understanding Assets, Liabilities and Equity
Delving into Assets
Delving into Liabilities
Understanding Depreciation and Retained Earnings
A Few Essential Ratios
The Effect of Currency Exchange Rates
Performing Common Size Analysis for Decision Making
Cash Flow and Working Capital Management
Understanding Cash and Non-Cash Items
The Cash Flow Statement
About CFO, CFI and CFF
Working out CFO
Interpreting Cash Flow Statements
A Few Essential Ratios
The Effect of Currency Exchange Rates
Performing Common Size Analysis for Decision Making
Using Ratios to Analyze and Interpret Statements
Interpreting Company Financial Statements
Overview of Common Financial Ratios
Working with Activity Ratios
Working with Liquidity Ratios
Working with Solvency Ratios
Working with Profitability Ratios
Relating Leverage Levels to Risk
The Importance of Revenue/Expense Recognition Policies
Other Important Considerations
About the Weighted Average Cost of Capital
Weighted Average Cost of Capital (WACC): What is it?
Essential Concepts on Rates of Return
The Effects of Debt, Equity and Taxes
Choosing a Capital Structure that Works
Determining the WACC in Different Situations
Capital Budgeting
Basic Principles of Capital Budgeting
Making Good Decisions: All about Decision Criteria
Working with NPV, IRR, PB and DPB
Using NPV and IRR to Make Decisions
Making Good Cash Flow Projections
Straight Line and Accelerated Depreciation Methods
Making Good Decisions for Replacement Projects
Project Analysis and Evaluation
Dealing the Mutually Exclusive Projects
Making use of Capital Rationing
Managing Project Risk: Sensitivity, Scenario and Simulation Analysis
Factoring in Real Options
Common Capital Budgeting Mistakes
Hedging and Derivatives
Why Hedge?
The Dynamics of Hedging
Understanding and Using Forward Contracts
Understanding and Using Currency Swaps
Working with Options
Derivatives and the Real World: Mitigating Real Risk
Fixed Income and Interest Rates
Fixed Income Primer: Pricing and Debt Securities
Bond Prices, Interest Rates and the Yield Curve
About Bonds and Embedded Options
Essentials of Bond Pricing
Putting it All Together
How to Make Projects Happen: A Complete Case Study