This training offers insights into the world of corporate finance, risk, and governance. Capital markets are central to the globalization phenomenon and essential for a well-functioning society. Because of this centrality and essential nature to societies, focus and attention must be paid to their proper functioning and oversight. To that end, this program offers an overview of the interaction between management and all other stakeholders. Diverse and complex stakeholder demands are best met by an efficient allocation of resources over an extended period.
Specify the exact nature and scope of corporate financial reporting
Identify and criticize specific concepts, rules, and procedures are in place for corporate financial reporting
Understand how & why working capital is critical in today’s world
Understand how & why capital structure can make or break a firm
Learn how capital budgeting can go so wrong if not performed properly
Identify and overcome limitations that are inherent in corporate financial reporting and/or corporate governance
Manage risk analysis & decision making
Increase skill set in all phases of finance and governance
Greater ability to participate in and to lead the finance/governance process
Recognize the increased professionalism to deal with the current and future topics
Increase recognition by the organization of their learning and professional commitment
Challenge themselves in an immersive learning environment
integrate business plans and strategic intent
Reduced inter-functional territorial battles
Risk and Compliance Managers
Middle managers who require a more in-depth understanding of the concept of governance & Risk Management for state & Public Sector
Senior Officials in national, provincial, V, and local government
Staff who support the Board or with responsibility for governance
Heads of Departments, Directors, Senior Managers, Managers, Company Secretaries, accountants and Finance Professionals responsible for Governance & Risk Management
Executives and Senior Officials of state-owned companies, and as well listed, non-listed organizations
Finance is a numbers game
Yet finance is more than the numbers
The three major components of finance
Working capital (WC) defined
Relationship to the current ratio
Components of WC
Inventory
Accounts receivable
Cash
Accounts payable
Notes payable
The critical rations to compute
What should they be & why
The questions to ask
The answers you want
What it is & why it is important
Equity capital - what it is
Equity capital – calculating it costs/required rate of return
Debt capital – what is it really
Debt capital – calculating it costs/required rate of return
Weighted Cost of Capital (WACC) – why it is so important
Calculating your WACC
When & how to use WACC
Leverage: two-edged sword - defined
Operating leverage - calculated
Financial leverage - calculated
Combined leverage – Wow! Look at the impact
Cash Flows and the Time Value of Money
Discuss the capital project evaluation process
Ideas for the future with a multiple periods horizon
Estimating cash flows within the business system
Net present value (NPV) & Internal Rate of Return (IRR) as preferred methods
Profitability Index (PI) & Modified Internal Rate of Return (MIRR) as reasonable alternatives
Defining the approval criteria and review process
Post-implementation audits of capital projects
Refinements of Investment Analysis
Dealing with Risk and Changing Circumstances – how do we explain?
Cost of Capital and Return Standards
Benchmarking Discount & Hurdle rates
Understanding uncertainty and risk/opportunity
Identifying strategic financial risks
Identifying operational risks
Identifying functional financial risks
Assessing financial risks in each perspective
Finding our personal risk profile (appetite for risk)
Clarifying desired outcomes, expected outcomes, and actual outcomes
Performance measures – the need for FRM/ERM
Quantitative and qualitative risks
Developing FRM/ERM strategy – do we need a CRO?
Other risk issues to be concerned with: Joint ventures, alliances, product liability, environmental risk, outsourcing risk, growth risk, R&D risk, natural disasters, catastrophic risks, supply chain risk, reputation risk, and psychology of risk among others
Because supervisory levels are the link between the executive and senior management levels, achieving the organization's objectives, increasing productivity and overall performance of the organization, affects the effectiveness and efficiency of supervisors' performance.
And because of the skills of supervisors in any organization in need of continuous development, and to acquire advanced tools and methods that reflect on the deepening of these skills and activate their role in motivating individuals working, and push them to commit to the goals of the organization.
You need this conference to learn about supervisory skills and advanced methods, to be able to play an effective and supervisory role in your organization.
Managing an office has become an increasingly sophisticated and complex job. The increased demand for speed and accuracy, knowledge of new technology, and an increasingly diverse workforce bring challenges and also opportunities for growth. This dynamic and in-depth course explores some of the more advanced skills which can help an office manager to work more confidently, creatively, and effectively.
As a supervisor, the success of your organization rests in your hands. This course provides you with the opportunity to develop highly effective and essential supervisory skills that will strengthen teamwork and organizational success. Also, this course will help you manage everyday operations with greater ease. Furthermore, it will help you leverage both your managerial and people skills to meet your new challenges as the 21st-century supervisor.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.
Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.