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Objectives

• This course covers project evaluation, allocation and management of capital assets, rates of return and costs of capital, debt- equity balance and impact on share prices, and long-term profit planning.
• Examines capital investment decisions including cash flow analysis, tax effects, project evaluation and ranking. Capital rationing, and the treatment of uncertain cash flows.
• This course is proceeded through numbers of presentations and discussions on different issues on capital budgeting. In so doing, Participants are trained to have an overview on broad topics, which could be incorporated into their future research .

The Delegates

• Every manager with budget responsibilities who is interested in developing or improving their budget planning skills .
• Finance Executive and financial professionals involved in the development and delivery of financial strategy .
• Junior Executives and financial professionals seeking career advancement and development .

The Contents

• How to Prepare Your Departmental Budget :

• • Prepare a Departmental Spending Budget
  • Budget Expenses More Accurately
  • Prepare a Capital Budget
  • Justify Capital Expenditures

• Getting Your Budget Approved :

• • Explain How the Review Process Works
  • Manage the Review Process More Effectively
  • Prepare Contingency Plans
  • Explain Behavioral Consequences of the Budgeting Process
  • Identify the “Fat” in Your Budget

• Measuring Performance against the Budget :

• • Identify Significant Variances
  • Analyze Budget Variances
  • Describe the Characteristics of a Good Budget Reporting System
  • Determine When a Budget Should Be Revised during the Year

• Foundations for Capital Budgeting :

• • Preliminary Steps
  • Capital Budgeting Methods With No Risk
  • Capital Budgeting Methods With Risk
  • Apply Knowledge in an Exercise
  • Capital investment evaluation tools
  • Marginal cash flow identification and taxes
  • Inflation, foreign exchange movements, and capital investment analysis

• Capital Structure and Leverage :

• • Basic Concepts
  • Explaining Financial Leverage
  • The Impact of Working Capital on Leverage
  • Capital Structure
  • Capital Structure and the Value of Stock
  • Capital Structure and the Value of the Firm
  • Capital Structure Controversies
  • Sources of Capital
  • Equity
  • Common
  • Preferred
  • Quasi Equity
  • Debt
  • Long Term
  • Short Term
  • Seasonal
  • Permanent
  • Lease versus Loan
  • Apply Knowledge in an Exercise
  • Case analysis

Summary

The Discount

0% in case of Three P. (or more)

Course File

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