FINANCE & CAPITAL                                                    INVESTMENT                                           ...
COURSE                                                                              DAY2     CONTENT                      ...
FINANCE & CAPITALINVESTMENT                                                                                             RE...
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Finance & Capital Investment Analysis For Project Managers & Technical Professionals 29 - 31 May 2011 Dubai


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Key reasons why your organization would benefit from this course:

* Understand the “big picture” of finance and capital investment analysis how this relates to daily business decisions
* Discover how to read and analyze a set of company accounts and confidently communicate with accounting and finance professionals.
* Effectively analyze the impact of financial decisions on your business
* Understand the power of discounted cash flow in management decision making
* Lead best practices used by companies around the world

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Finance & Capital Investment Analysis For Project Managers & Technical Professionals 29 - 31 May 2011 Dubai

  1. 1. FINANCE & CAPITAL INVESTMENT ANALYSIS FOR PROJECT MANAGERS & TECHNICAL PROFESSIONALS 24 - 26 MAY 2011 KUALA LUMPURFINANCE 29 - 31 MAY 2011 Limited SeatskSERIES Boo Available. Today! DUBAI ats Your Se WHY YOU CANNOT MISS THIS EVENT YOUR INT YOUR INTERNATIONAL Engineers & technical professionals are expected to make financially based decisions, COURSE FACILITATOR often without a formal financial background or training on best practices in capital Betty J. Simkins, Ph.D. investment analysis. This in-depth and practical course (with the third day dedicated to hands-on Professor of Finance analysis) will demystify finance and cover best practices in financial analysis. By the Oklahoma State University conclusion of the course, delegates will be able to communicate easily in financial Betty J. Simkins, Ph.D., is the Professor of Finance in the terms. Department of Finance at Oklahoma State University’s They will be able to comprehend the content of financial statements, analyze and Spears School of Business where she teaches, corporate interpret financial information, understand the importance of cashflow, match their finance, energy finance and risk management, advanced financial management, corporate valuation, and case budgets to realistic targets, and accurately analyze capital investments. Most studies in finance. She frequently presents her research importantly, delegates will learn best practices in all of these areas. at leading academic conferences around the world. This training will benefit your organization by giving delegates greater knowledge Prior to entering academia, she worked in the energy on best practices to make better decisions in finance. The expert trainer, through industry for ConocoPhillips, Williams, Inc., and Williams Pipeline Company, among others. years of experience in finance and risk management, will help delegates reach new heights in their careers. This is a dynamic and resourceful training that you do not Dr. Simkins has also worked as a consultant or advisor want to miss! for Wells Fargo, ConocoPhillips, Deloitte Touche, Morgan Stanley, Conference Board of Canada, the National Association of Security Dealers (NASD), Southwest Airlines Company, Williams, Inc, and EKF (Eksport Kredit This course qualifies for continuing education credit for licensed Fonden, Denmark). She is frequently interviewed and Professional Engineers. 18 PDH (Professional Development Hours) quoted in the press regarding her research and expertise on energy finance, including such publications as the Key reasons why your organization would benefit from this course: Wall Street Journal, the Chicago Tribune, and the Houston Chronicle. Her research was recently used in Understand the “big picture” of finance and capital investment analysis testimony to the U.S. Senate Banking Committee. how this relates to daily business decisions She has over 40 publications in academic and practitioner finance journals and has won awards for her Discover how to read and analyze a set of company accounts and research in risk management. She has a book published confidently communicate with accounting and finance professionals. in 2010 titled “Enterprise Risk Management: Insights and Analysis on Todays Leading Research and Best Practices”. Effectively analyze the impact of financial decisions on your business Her publications rank her in the top 5 percent of finance researchers. In addition, Dr. Simkins has won several Understand the power of discounted cash flow in management decision teaching awards including the highest level teaching making award at OSU, the Regents Distinguished Teaching Award. Her current research focuses on the oil and Lead best practices used by companies around the world natural gas industries, bankruptcy risk, futures markets, and strategic risk management and hedging. an Latest TESTIMONIALS She Sh currently serves on the Board of Directors for the S Financial Management Association, as co-editor of the Fin “Good 1 year course compressed into 3 days.” d Journal of Applied Finance, as Editor of FMA Online, as Jo o - Abd Hi h Hisham M h Mohammad, F ili i E i d Facilities Engineering Manager, Petronas Dagangan past president of the Eastern Finance Association, and pa “Brilliant case representation, exceptional combination of on the editorial boards of several prestigious finance on journals. jo o academics & practice.” - Lionel Koh, Group Finance Director, Naga DDB All project managers who handle big/risky projects should attend “Most teachers are passionate about what this course.” they teach: however, Dr. Simkins has raised t - Noor Atiqah binti Sharani, Executive, BERNAS the bar for her peers by bringing the real “The trainers hands-on background helped us a lot to better world into the classroom.” understand the concepts, and apply them to real-life cases.” - Nik Ahmad Kamal, Plant Manager, Global E-Technic - Ernst & Young, Inc. © 360 BSI (M) Sdn Bhd (833835-X), Level 8 Pavilion KL, 168 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia. 1
  2. 2. COURSE DAY2 CONTENT UNDERSTANDING FINANCIAL ALL SESSIONS WILL BE THEORY AND PRACTICAL BASED MANAGEMENT & CAPITAL INVESTMENT ANALYSISDAY1 UNDERSTANDING FINANCIAL ACCOUNTING Session One: Planning and budgetary control Session One: The accounting process Breaking down barriers between management - From transactions to financial information accounting and operations departments Understanding the harmonization of global accounting standards and the role Determining why budgets play a key role and are not of IAS (International Accounting Standards) simply an annual chore Understanding the language of accounting Integrating budgets with strategy Developing an understanding of the sources of financial information Introducing budgets within your organization Gaining an insight into accounting systems, terminology and concepts Purposes of budgets: the link between the strategic Examining why the timing of a transaction is so important to the finance plan and the company culture function - Budgets as motivators - The entity concept - sole proprietorships partnerships, companies, trusts, JV’s Tailoring your budgets to match your companys - The accounting record and debits and credit demystified wider strategic objectives - Income vs. expenditure, assets vs. liabilities, capital vs. revenue expenditure Setting realistic goals you can apply to your area of responsibility - P&L account vs. balance sheet; Categorizations and their interrelationships - How your role relates to the budget cycle - Accounting concepts; Accruals, prudence, substance over form, true and fair; - Key budgeting techniques materiality - When, why and how you should use zero/priority based budgets Session Two: The driving forces behind financial information - Understanding the difference between budgets Overview of the accountants role and the content of the annual report and cash flows and how they relate to one another Understanding the role of the finance function and how the information you provide is used Exercise: "Budgeting the big picture"; How you can Knowing where to find useful information make budgeting more efficient and improve on An introduction to the Balanced Scorecard existing practices - The users of financial information and meeting their different needs; the finance function, types of accountants, financial vs. management accounting Session Two: Fundamentals of finance and and the treasury function essential tools for effective business decisions - Annual Financial statements, why they are produced, contents, what you The time value of money should look for and what is not revealed Estimation of cash Flows Sensitivity analysis and Variance Analysis Exercise: Applying the accounting concepts Understand the essential tools for financial management including direct versus indirect costs Session Three: Analyzing and interpreting financial information and overheads Understanding the tradeoff between risk and return Learning the jargon and recognizing what is revealed in the financial press and how to apply these tools to optimize outcomes Understanding the language of finance What drives asset values Learning what a set of accounts reveals about a company’s current situation, Activity based costing profitability and future prospects Break-even analysis and contribution analysis Determining how to effectively use all the available information Apply the pareto principle Understanding why and how figures can be manipulated Understand the limitations behind valuation models Employing analytical review and ratio analysis - Profitability (return on capital employed, profit margin and non-standard Exercise: Determining accurate cost per unit for performance measures) effective decision making - Efficiency (asset/stock turnover, debtor/creditor days) - Investment (interest/dividend cover, earnings per share, dividend yield) Session Three: Project Appraisal and Capital - Gearing Investment Analysis – Part 1 - Liquidity (current ratios, working capital, cash cycles) How to make a business case Fundamental tools of investment appraisal Exercise: Analyzing and interpreting an annual report Apply and work with these tools to maximum effect in the workplace Session Four: Cash flow and cash management Systematic Vs. non-systematic risk Understanding why and how cash is king Cost of capital and WACC - how these are determined Focusing on ways a business manages this most important resource Best practices in estimating the cost of capital Highlighting the importance of cash flows in analysis and forecasting Exercise: Fundamental tools applied - Cash vs. profit; Why profit does not tell the full story and the importance of cash Session Four: Project Appraisal and Capital - Examining how cash flow statements indicate the stability, adaptability and Investment Analysis – Part 2 long term potential of a company Best practices in capital budgeting - Utilizing cash flow forecasts as a planning tool Return on capital employed; why it is used, what it - How the treasury manages cash tells us and the limitations Discounted cash flow techniques Exercise: Identifying cash movements to predict future cash flows - Payback period and discounted payback period - Net Present Value - Internal rate of return - Modified internal rate of return - Equivalent annual annuity - The problems of short-termism in investment appraisal Sensitivity analysis: how sensitive are key decisions to potential changes in circumstances? Scenario analysis Exercise: Evaluating the investment decision 2
  3. 3. COURSE CONTENTDAY3 BEST PRACTICES: INTENSIVE HANDS-ON EXERCISES AND CASE STUDIES In Day 3, delegates will have the opportunity to apply what they learned in Days 1 and 2 by working practical exercise and analyzing case studies in accounting, finance, and capital investment analysis. During this day, leading analytical skills and techniques will be discussed and WHY THIS EVENT illustrated using real case studies. This is probably the only workshop giving delegates greater knowledge on best practices Delegates are encouraged to bring their laptop computers this day to apply to make better decisions in finance and helping topics learned in Days 1 and 2 using Excel spreadsheets, Excel functions, their organization reach new heights. Monte Carlo Simulation, and more. You do not want to miss this day! The expert trainer, through years of experience Session One: Best Practices in Making Optimal Capital Budgeting in finance and risk management, will conduct a Decisions dynamic and resourceful training that you don’t Excel applications of: want to miss! - Payback period The combination of interactive presentations, - Discounted payback period hands-on exercises and open discussion groups - Net present value along with real case studies, ensures you will - Internal rate of return obtain maximum value from attending. - Modified internal rate of return Hands-On exercises This is a unique training course and full of new information, ideas and latest techniques that will Session Two: Role Playing and Case Study on Capital Resource Allocation surpass you expectations. within Corporations Explore the problem of resource allocation within corporations Illustrate and assess the impact of capital rationing on capital investment This course qualifies for continuing decisions education credit for licensed Professional Interpret the implications of classic tools of investment analysis Engineers. Consider the impact of behavioral influences on financial decision making 18 PDH (Professional Development Hours) Session Three: Application of Best Practices in Capital Investment Analysis - Case Study of Energy Savings Project Investment Decision Illustrate making a capital investment decision versus a “do-nothing” case Analysis of energy savings, tax implications, payback period, and return on capital investments using Excel Estimating cash flows Effects of corporate culture on decision making Analysis of the cost of capital effects on decision making Hands-On exercises Session Four: Best Practices in Risk Analysis of Capital Investments Analytical skills, techniques, and challenges in risk analysis: Revenues and prices, cost of capital, construction costs, startup delays Risk analysis of projects in Excel: - Sensitivity analysis and sensitivity charts - Scenario analysis Advanced risk analysis in Excel using Monte Carlo simulation (Note: Monte Carlo simulation will also be used to model uncertainty for key value drivers. Monte Carlo simulation is a powerful tool that can help evaluate what WHO SHOULD ATTEND can happen to an investment’s future cash flows and summarize the possibilities All Engineers & Technical Professionals in a probability distribution. This is particularly helpful in risk analysis of capital All Project Managers intensive projects since the outcomes are often the result of the interaction of a Business Development number of interrelated factors (or value drivers) that are highly uncertain.) Sales & Marketing - Distribution fitting and correlation assumptions - 5 basic rules of thumb in choosing probability distributions HR Directors - Three popular probability distributions for use in simulation models Procurement & Purchasing - Displaying and understanding output -- Tornado Charts, etc Others who wish to understand finance & capital - Mean reverting processes incorporating Poisson jumps investment analysis - Challenges in forecasting prices Case study applications COURSE SCHEDULE 8.00 Registration & Coffee/Tea 8.30 Workshop commences 10.30 - 11.00 Morning coffee/tea 12.30 - 13.30 Lunch 15.00 - 15.30 Afternoon coffee/tea 16.30 End of day 3
  4. 4. FINANCE & CAPITALINVESTMENT REGISTRATION FORMANALYSISFOR Fax: +603 9205 7788PROJECT MANAGERS &TECHNICAL Tel: +603 9205 7778PROFESSIONALS Mobile: +6016 3326 36024 - 26 MAY 2011KUALA LUMPUR29 - 31 MAY 2011 Email: kris@360bsi.comDUBAI DELEGATES IN-HOUSE TRAINING 1 Name : 360 BSI is passionate about providing strategic technical programs and high potential training solutions across the Name on tag : region to build personal competencies and organizational Job Title : capability. You will receive practical training from a professionally Email : qualified educator with over twenty years of teaching and Mobile training experience. : Please feel free to mix-and-match topics from the areas listed 2 Name : below to get the right training content for your staff. Other topics may be available upon request. Name on tag : OTHER PUBLIC COURSES Job Title : o Executive 360 Leadership Program Email : Finance & Budgeting for Oil & Gas Negotiating Profitable Relationships Mobile : Root Cause Analysis Proposal & Report Writing 3 Name : Record & Document Management Name on tag : Business Continuity Planning & Disaster Recovery Job Title : Hotel Contact Details: Email : Grand Millennium Kuala Lumpur, Malaysia Telephone: +60 3 2117 4899 Fax: +60 3 2142 1441 Mobile : Radisson BLU Hotel, Dubai Deira Creek, UAE AUTHORIZATION Telephone: 00971 4 2057105 Fax: 00971 4 2234698 (This form is invalid without a signature) General Information: Name : 1 Closing date for registration is 23rd May 2011. 2 The fees cover lunch, tea breaks, materials and certificate. Job Title : 3 Official confirmation will be sent, once registration has Email : been received. 4 Participants will need to arrange their own accommodation. 5 Attire: Smart Casual Tel : ( ) Cancellations/Substitutions Organization : Substitutions are welcome at any time. Please notify us at Address : least 2 working days prior to the event. All cancellations will carry a 10% cancellation fee, once a registration form is received. All cancellations must be in writing by fax or email at least 2 weeks before the event date. Cancellations with less than 2 weeks prior to the event date carry a 100% liability. However, course materials will still be couriered to you. Signature : Date: / / Thank you for your registration! VENUE & FEES (please tick as appropriate) PAYMENT DETAILS Payment is required within 5 days upon receipt of KUALA LUMPUR, MALAYSIA: 24 - 26 MAY 2011 the invoice. DUBAI, UAE: 29 - 31 MAY 2011 Bank transfer: USD 2,945 per delegate 360 BSI (M) Sdn Bhd HSBC Bank Malaysia Berhad USD 2,745 per delegate - register before 28-APR-11 Bukit Bintang Branch, Kuala Lumpur, Malaysia Account No: 203-371059-725 The fee does not include any taxes (withholding or otherwise). In case of any taxes applicable the client has to ensure that the taxes are paid on top of the investment fee paid for the course. Swift No: HBMBMYKL Compliance with the local tax laws is the responsibility of the client. * Save up to 50% for In-house Training program All payments must be received prior to the event date © 360 BSI (M) Sdn Bhd (833835-X), Level 8 Pavilion KL, 168 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia. 4