-
Course Date:
TBA
-
Registration Period:
TBA
-
Duration/Frequency:
7 hours / 1 day
-
Mode of Training:
Facilitated Learning (Online Synchronous)
-
Venue:
Online
-
Funding:
Eligible for SkillsFuture Credit
Many working professionals make either personal investments or are involved in some form of financial decisions at work. This includes going through the budgetting process and having to make sound decisions on revenue generation and expenses.
This course will aid individuals to read and interpret Financial Statements and know how to perform Capital Budgeting.
To introduce basic financial concepts to PMETs (professional, manager, executive and technician) so as to enable them to read and interpret Financial Statements and to perform simple capital budgeting for projects.
By the end of the course, participants will be able to:
• Read and Interpret Financial Statements for decision-making
• Determine the impact of decisions and actions (or non-action) on the “bottom-line” performance of the organisation
• Communicate with confidence when working with colleagues from the finance department
• Understand the common yardsticks used in project evaluation
1. Introduction
• What is "finance"?
• Relevance of value creation
2. Use of basic financial tools
• What information do the following convey – Balance Sheet, Profit & Loss Statement
• Using key financial ratios to identify and diagnose financial problems
• Preparation of cash budget
• Learn and apply time value of money concepts to evaluate different streams of cash flow
3. Sources of long term funds
• Different sources of long term funds
- Debt
- Preferred stock
- Common stock and
- Retained earnings
- Relevance of WACC (Weighted Average Cost of Capital)
4. Evaluating capital investment decisions
• Characteristics of capital expenditure
• Overview of capital budgeting process
• Capital budgeting techniques
- Payback period
- Net present value
- Internal rate of return