Curriculum
Day 1
Subject |
Topics |
| Introduction to program | General approach to program Finance issues (industry and public sector distinctions) |
| Discounted Cash Flow model | Introduction to financial models Rationale for DCF Basic DCF model (NPV and IRR) |
| Cost of capital | Weighted average cost of capital (WACC) Financial leverage |
| Applying DCF | Demonstration of DCF, IRR, payback and tax (CCA) with case |
| Financial accounting | Financial statements Complete accounting cycle Key concepts such as capitalizing and expensing IFRS |
| Cost-Volume-Profit Model | Cost behaviour Five levers of profit Fixed and variable cost structure (operating leverage) |
Day 2
Subject |
Topics |
| Review | DCF questions Financial accounting applications |
| Costing | Allocations and cost drivers Basics of Activity Based Costing |
| DCF issues | Hurdle rates (estimation and application) Sunk cost thinking and assumptions of the status quo Quantifying the unquantifiable |
| Strategic Finance | Value and valuation |
| Control systems | Criteria of Control model (CoCo) Critical numbers (Balanced Scorecard) |
| Business cases | Preparing and presenting business cases |
| Analyzing annual reports | Strategic assessment (MD&A) Financial assessment (key ratios) Non-GAAP numbers (industry specific) |
| Selling to Finance | Contact strategies Conversation strategies |
