Finance, Risk Management and Corporate Governance Course

Course Overview:

Finance, risk management and corporate governance course gives the participants the knowledge on the area of corporate financial reporting, the reporting on risk and the gove’mance structure.

It discusses key areas such as the relevance of the cost of capital, effective management of current assets, and investment appraisal strategy giving importance on how these decisions can affect the performance of an entity.

Risk management processes are also examined which include management of financing, operational and foreign exchange risks. Participants will be familiar with the rules of the corporate governance, including duties of the board, codes of governance, and requirements set by regulatory bodies.

This course is targeted at top management, senior managers, specialists of the public sector, and state enterprises, as it equips with the necessary know-how to improve financial control , governance mechanisms and strategic choices

Course Objectives:

At the end of this Finance, Risk Management and Corporate Governance Course, the participants will be able to:

• 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
• Understand and assess company financial reports.
• Determine sources of capital, and capital structure.
• Identify and appraise wealth-generating investments.
• Recognize, quantify, and control financial risk.
• Apply rules of good corporate governance.

Who Should Attend?

This Finance, Risk Management and Corporate Governance Course ideal for:

• 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, 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  

Course Outlines:

Finance and financial information

• The importance of finance in any business.
• The importance of financial knowledge – internal and external.
• The corporate annual report and the financial statements.
• Capital employed: long – term assets and working capital.
• Analyzing financial statements for profitability, liquidity, efficiency & financial structure.
• Investment ratios and market data sources.

Financing the Business and Capital Structure

• Kinds of long-term finance.
• Kinds of short-term finance.
• Calculating the Cost of Equity – what your shareholders expect.
• Calculating the Cost of Debt – it depends on your credit rating.
• The weighted average cost of capital (WACC).
• Choosing the best mix of equity and debt.

Social CAPEX – Analysis of Investment Decisions

• Improving your business with new investment projects.
• Preparing spreadsheet forecasts for investment appraisal.
• Basic appraisal techniques: Accounting Rate of Return (ARR) and Payback.
• Discounted cash flow appraisal techniques:  NPV and IRR.
• Capital Rationing and the Profitability Index (PI).
• Dealing with risk in investment appraisal.

Financial Risk Management

• Risk and uncertainty in business.
• How to manage risk – the four Ts.
• Financing risk and operating risk.
• Foreign currency risk management.
• Interest rate risk management.
• Role of Internal Audit, Audit Committee, and Chief Risk Officer.

Corporate Governance

• Identifying the needs of stakeholders.
• The essence and development of corporate governance.
• Corporate governance codes and regulation.
• The role of the Board of Directors.
• International corporate governance and the OECD.
• Growing trends in corporate governance.

see more: Financial Accounting and Detecting Fraud Training Course