Events

Financial Management For FM’s 2 (Code 811FIN2)

20th November 2008 (9:00AM)

Location	Central London
Contact	Teresa Mulliagn
Email	info@bifm-training.co.uk
Tel	020 7404 4440
Website	www.bifm-training.co.uk
Details	Financial Management For FM’s (2) By the end of this course you will be able to understand: • What details to look for in company accounts • How to determine the financial performance and health of a business using key ratios • Where to find detailed financial information on companies • Analysing cash flow and related problems • How to build and use financial models • How to analyse which activities are profitable and which are not • The basic principles of investment - what investors and other parties expect from companies and why. A brief look at market returns and capital asset theory; • Valuing investment appraisals using discounted cash flow. How to do it, how it is used (including the venture capital pricing model), and some critiques • How to make a financial case to senior managers Description This course is intended for Facilities Managers who have a basic understanding of finance, and is ideally suited to those who have already attended our introductory ‘Financial Management for Facilities Managers (1)’ course. The course provides a refresher on key accounting principles before exploring the practical application of financial skills. Particular attention is given to techniques that managers can use to analyse and model cash flow and profit problems. Attendees are supplied with a number of spreadsheet tools which can be adapted to their own projects. This course is particularly helpful to people having to prepare capital project budgets for the first time. It is relevant to managers having to write an investment case within an existing business, but also to start-up companies looking for external finance. NB It is extremely helpful if delegates can bring a lap-top computer to the course. Refresher on the Basics - Jargon-busting quiz (exercise) - Important accounting concepts Analysing Accounts - Who needs to know what? Financial Ratio Analysis - Key performance ratios - Performance trends (exercise) - Key liquidity ratios - Working capital trends (exercise) - Implications for budgeting Analysing Cash Flows and Improving the numbers - ‘My company has no money’ (exercise) - Implications for budgeting - Managing working capital better - Income generation & cost reduction (adding value as a facilities manager) Which of my activities are profitable/cost effective? - Working with financial budgets and models - Changing my base case - Assigning overheads - Full and marginal costing - What management accountants do - Capital investment issues - Presenting a persuasive case - Payback & other methods - Discounted cash flow methods - Funding options & alternatives - Corporation tax & VAT implications
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