Objectives
At the end of this seminar participants will be able to:
- Read and understand their organisation’s Annual Financial Report.
- Evaluate their firm's financial performance.
- Understand and use analytical tools and techniques in practical case-study situations.
- Identify business risks, and consider how these should be managed.
- Appreciate the importance of new investments in maintaining growth and competitiveness, and how these investments should be evaluated.
- Improve their management skills and increase their value to the organization.
- Understand capital investment decisions.
Training Methodology
The seminar will be conducted along workshop principles with formal lectures, case studies and interactive worked examples. Relevant case studies will be provided to illustrate the application of each tool in an operations environment. Each learning point will be re-inforced with practical exercises. Discussion in groups will promote exchange of concepts and ideas.
Organisational Impact
What will your organisation gain from sending employees to attend this seminar?
- Awareness of the relevance and importance of financial statements
- Understanding of the tools and techniques that can monitor and improve performance
- Ability to identify problem areas, and suggest realistic solutions
- Ability to identify and analyse financial risks, and how these can be effectively managed
- The financial knowledge to make better, more informed, decisions
Personal Impact
What will the employee gain from attending this seminar?
- Exchange of ideas and knowledge with other professionals.
- Increased awareness of techniques in financial analysis and capital appraisal.
- Better understanding of the language of finance and accounting.
- Knowledge and understanding of business risk.
- Increased ability to identify problem areas.
- Increased confidence to tackle new situations.
Day 1: Introduction to Advanced Financial Analysis
- The three key financial statements, measuring performance, position, and cashflow.
- Sources and types of financial information.
- Understanding the cash flow cycle vs. the operating cycle.
- Ratio & trend analysis of financial statements.
- Categories of ratios, and what they reveal about the company.
Day 2: Financial Statements
- How to use common sizing to compare performance and position.
- The format and structure of the Balance Sheet/Statement of Financial Position.
- Preparing projections for financing sources.
- Break-even analysis.
- Should we lease or buy our equipment? Should we consider ‘buying-in’ instead of ‘making’.
Day 3: Analytical & Performance Tools & Techniques
- Easily available tools and techniques for financial analysis.
- Using graphical representation.
- The fundamental statistical tools.
- Fitting statistical techniques to financial data.
- Reports and reporting.
Day 4: Capital Project Analysis
- Investment projects - model-building and forecasting.
- Basic techniques for appraisal of investments.
- Incorporating the value of timing - Net present Value vs. Internal Rate of Return.
- Measuring the company’s capital structure and estimating the cost of capital.
- The dividend valuation model or capital asset pricing model, which is best?
Day 5: Coming to Terms with Risk
- Financial risk-management principles – what can be done and methods for analysing financial risk.
- How your bankers can help you to manage financial risk.
- Analytical tools for measuring risk and how to develop the tools for your firm.
- Using scenario, sensitivity & subjective analysis techniques.
- Case study.
PLACE: Vienna (AUSTRIA)
VENUE (TBC): Radisson Blu Style Hotel (Wien, Herrengasse 12, 1010, Vienna, AUSTRIA)
LANGUAGE: English/French
