Course Schedule:
| Location |
Days |
Course dates |
Duration |
Cost (ex GST) |
Availability |
Enrol Here |
| City |
Thu - Fri |
02 - 03 Oct 2008 |
2 days |
1250.00 |
Open |
Corporate Group / Individual |
Overview:
This course is the second part of 'Accounting & Financial Management' course. By taking this short course you will learn about Discounted Cash Flow Analysis, Economic Value Added (EVA), Evaluating Investment Opportunities, Risk & Sensitivity Analysis, Funding, Corporate Financial Structure and Policy.
This short course also allows IT professionals to learn sound skills in accounting and financial management without having to commit to a 3-year business degree. At the end of the course you will have gained substantial knowledge in financial analysis and investment decision enabling you to better analyse and prepare effective business proposals, as well as make successful investment decisions.
Areas covered include:
- Key Financial Ratios and Key Performance Indicators
- Economic Analysis and Value Creation
- Evaluate Business Opportunities
- Understand Risk and Sensitivity Analysis
- Funding & the risks
- Financial Structures and Policy
Learning Method:
The course will be presented in lecture/tutorial sessions using a combination of lectures and practical exercises. Each student will be provided with a full set of course notes and will have access to accounting tools and the Internet.
Students will be given an assignment to complete based off the curriculum and will also have an exam at the end of the course. The class assignment will be worth 50% of your final assessment. An exam will be held on the last class worth 50% of the final assessment.
Please note that assessment is not mandatory. Those that successfully pass will receive a certificate of achievement. This will go towards completing a Certificate of Computing. Participants that attend a minimum of 80% of classes will receive a certificate of attendance
Who will benefit from this course?
This course is open to those who have either an interest in learning about financial management and analysis, need to understand how to best determine worthwhile investment opportunities, and how to fund them, or for those seeking to advance their careers into more senior managerial positions.
In particular, we highly recommend this course to:
- Business Analysts
- Project Managers
- System Engineers
- Software Engineers
- Software Developers
This course is a pre-requisite for further courses including:
- Business Management & Strategic Planning
- Contract Management
- Business Systems Analysis Techniques
- Managing & Leading People
Pre-requisites:
There are no formal pre-requisites for this course, although it’s recommended that you attend the first part – course 618: Accounting and Financial Reporting.
What can you expect to gain from this course?
The objective of this course is to help you gain greater knowledge and experience in financial analysis, how to evaluate investment opportunities, and how to evaluate the financial performance of an organisation, or a project.
At the completion of this course you will have gained the necessary knowledge and hands-on experience in the core aspects of financial analysis and management to be able to confidently understand and contribute to the design and development of projects that have financial components. You will also be able to prepare financial proposals, undertake risk analysis, determine the best funding options and the risks associated with them, and interpret and evaluate business proposals.
You will not only learn all the theory behind financial management techniques, but also gain hands-on experience through applying what you have learned in the practical exercises and case studies.
Course Content:
Module 1:Financial Analysis
- Discounted Cash Flow analysis (DCF)
- Risk, Return and Value
- The time value of money
- The cost of capital
- Economic Value Added (EVA)
Module 2:Evaluating Investment Opportunities
- Calculating and interpreting the Net Present Value (NPV)
- Calculating and interpreting the Internal Rate of Return (IRR)
- Return on Investment (ROI)
- Working Capital
- Debt/Worth ratios
- Return on Total Assets
- Current Ratio
- Fixed Asset Turnover
- Financial Leverage Ratios
- Business Valuations
Module 3:Risk & Sensitivity Analysis
- Understanding uncertainty and risk
- Sensitivity Analysis
- Probabilistic Analysis
- Monte Carlo Analysis
Module 4:Funding and Financial Risk Implications
- An overview of sources of funding
- A review of the different types of funding
- Understanding fund raising processes and the way financial institutions work
- Financial Leverage
- Evaluating different financing alternatives and what will be right for your business
- Understanding the risks involved in seeking finance by exploring each financing type
- Implications to you personally
- Implications to the company
Module 5:Corporate Financial Structure and Policy
- An in-depth review of corporate financial structure - private companies & publicly listed companies
- Legal requirements and responsibilities
- Policies and Procedures
- Statutory requirements of the different legal entities, and
- Taxation requirements
Module 6:Practical Exercises
- Performance measurement using accounting and economic value added
- Evaluate an investment proposal using discounted cash flow techniques
- Analyse funding and risk implications based on a hypothetical investment proposal
- Prepare a business proposal
- Analysing and assessment of a business proposal