Revising Financial Strategies. and Plans in Response to an. Economic Downturn May 2016 Kuwait City, Kuwait 22-FEB-16

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1 29-31 May 2016 Kuwait City, Kuwait 22-FEB-16

2 Why Choose this Training Course? Since mid-2014 when the price of crude oil began to fall dramatically, the economic downturn that followed has had a significant impact on the financial position and financial performance of a large number of corporations, small companies and other organisations. It is unusual for organisations to revise their strategies (long-term) and financial plans in response to short-term changes in market conditions and levels of economic activity. However, in response to the current economic downturn it has become necessary for most organisations to urgently review their strategies and financial plans in order to ensure not only their survival but to maintain profit levels and avoid possible losses, and also to provide the basis for future activity and growth upon returning to normal economic conditions. This interactive and user-friendly training course covers the core principles of finance and strategic management and their links with financial planning. It includes the financial tools, techniques and know-how that influence strategic and financial decision-making and planning and how they are applied practically in real-life business situations, and particularly in response to an economic downturn. This training course will highlight: The linking of business and financial strategic decision-making processes with financial planning The financial statements and their links with financial planning, and decision-making Debt and equity financing decisions, capital structure and the weighted average cost of capital (WACC) Alternative costing systems that support financial decision-making Discounted cash flow (DCF) and capital investment rationing decisions Management of financial risk, interest rate and foreign currency exchange rate exposures What are the Goals? By the end of this training course, you will have significantly upskilled to be able to: Think strategically and use the strategic management process for improved decision-making and financial planning Interpret and use the income statement, balance sheet, and statement of cash flows as a basis for financial planning Identify the alternative sources of long-term finance, and evaluate the models of optimum capital structure and minimisation of the weighted average cost of capital (WACC) Use appropriate costing and measurement systems for effective financial planning Apply the technique of discounted cash flow (DCF) for evaluation of capital project investments, and capital rationing Use the technique of hedging of interest rates and foreign currency exchange rates Course Schedule: Kuwait City, Kuwait May 2016 Who is this Training Course for? The Instructors own commercial career experiences and many other real-world business scenarios are shared throughout this exciting training course to illustrate and reinforce the use of the essential financial tools and techniques. Their use will enable non-financial and financial professionals at every level to respond in particular to the current economic downturn and make better-informed decisions to improve organisational performance. This training course is essential for a wide range of professionals from companies, corporations and governmental organisations, and in addition to interns, financial analysts, financial controllers, accountants and others active in the planning process this course will greatly benefit business professionals working in: sales and marketing estimating and costing operations engineering project management procurement logistics asset management human resources and any other financial and non-financial professionals that need or wish to understand the financial aspects of the strategic decision-making process. Revising Financial Strategies

3 the COURSE content How will this Training Course be Presented? This training course is presented in a very hands-on way to suit individuals with varying levels of financial knowledge and experience. To provide a thorough training in the subjects covered the Instructor uses a variety of proven adult learning teaching and facilitation techniques. It is conducted along workshop principles with formal presentations, numerous worked examples, and real-world experiences and scenarios. Interactive team case studies and exercises reinforce the application of each of the learning points and topics covered. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand our aim is for this to be an enjoyable learning experience. day01 Strategic Management And Financial Strategies Strategy and strategic management Vision, mission, and objectives Strategic decision-making, and strategic implementation Corporate value creation, and the maximisation of shareholder wealth Corporate objectives, accountability, and corporate governance The links between strategic and financial planning day02 The Financial Statements And Financial Planning The three key financial statements: balance sheet; income statement; statement of cash flows Sources of internal and external funding Cost of equity, and cost of debt Weighted average cost of capital (WACC) Capital structure models to minimise WACC Financial planning to determine appropriate financial strategies day03 Control Of Costs, Investment, And Financial Risk In Support Of The Financial Planning Process Cost behaviour fixed costs and variable costs Cost/volume/profit (CVP) relationships, contribution and break-even analysis Activity based costing (ABC) Future values, present values and discounted cash flow (DCF) Capital rationing and the profitability index (PI) Interest rate risk and foreign currency exchange rate risk Register Now: 800-AZTECH info@aztech.ae

4 Instructor s Profile Mr. TONY DAVIES Senior Associate Consultant with AZTech. MBA FCMA MCMI Tony began his training as an accountant after studying economics at Bath University. Qualified as a chartered management accountant and went on to become a fellow of the Chartered Institute of Management Accountants (FCMA). He gained an MBA from University of Wales, Cardiff, with distinction, with a thesis on the TQM Approach to Management Control. Former elected member on the Council and a non-executive director of the Chartered Management Institute, He also sat on their Audit Committee and Membership Committee. Tony s strategic role as a finance director in industry led to an interest and involvement in personal development, team building, education and development of the learning organisation. Tony has held international financial control and finance director roles in a range of both manufacturing and service industries including paper products, automotive components, packaging, television news gathering/syndication, and food products. These comprised companies based in France, the US, Canada and the UK, and include Bowaters, Peugeot, Visnews/BBC (now Reuters Television), Valeo, RHM and Tomkins. Tony s strategic role as a finance director in industry led to an interest and involvement in personal development, team building, education and development of the learning organisation. This provided the platform for the natural move in the late 1990s from industry into higher education and business consultancy/training. Tony s wide industrial and commercial business experience adds a further dimension to his approach to accounting and finance training. He has lectured at a number of universities on accounting and financial management including the University of Wales, Aberystwyth, and University of Wales, Lampeter, and is currently a visiting lecturer at the Business School, University of Wales, Bangor. He has delivered seminars in UK and abroad on World Class manufacturing. Tony and has also acted as a consultant and delivered accounting and financial training seminars for companies across a range of industries in UK, Europe and the Middle East. Based on the French automotive company Valeo, Tony s film on World Class performance was released by Einstein Films (formerly the Television Education Network) in Tony has written a number of successful books on accounting and finance, including Business Accounting and Finance, Principles of Accounting and Finance, and Financial Accounting (all published by McGraw-Hill). Revising Financial Strategies

5 Complete & send by fax/mail to address given below. Please use BLOCK CAPITALS. Date Venue Fees(USD) Book your seat May 2016 Kuwait $3,500 Register Now This fee is inclusive of Documentation, Lunch and Refreshments REGISTRATION DETAILS Family Name: First Name (Mr./Ms.): Position: Company: Mailing Address: Telephone... Mobile... Fax AUTHORISATION Authorised by: Position: Telephone... Fax Postal Address: MODE OF PAYMENT q Please invoice my company q Please invoice me q Please find enclosed a cheque payable to AZTECH DOWNLOAD TRAINING PLAN 2016 Scan this code with your smart phone to download Training Plan 2016 Our training portfolio will provide you a number seminars and courses to choose from depending on your organisational goals and personal development objectives. HOTEL ACCOMMODATION Hotel accommodation is not included in the Registration Fee. A reduced corporate rate and a limited number of rooms are available for attendees wishing to stay at the hotel venue. Please make your request for accommodation at least 3 weeks prior to the commencement of the course. CANCELLATIONS & SUBSTITUTIONS You must notify the Registrar of cancellations at least 2 weeks before a scheduled seminar in order to be eligible for a credit. If you cannot attend, you may send a replacement from your organisation at no charge. There is a $250 handling charge for all cancellations or rescheduling. We reserve the right to cancel a seminar due to low enrollment. All registrants will be notified in advance and a full refund will be provided upon request. EVENT DISCLAIMER We reserve the right to cancel or postpone a seminar or related event, change venue, substitution of the Instructor at our sole discretion. If this occurs, our responsibility is limited to a refund of any registration fee(s) already paid. We are not responsible for airline tickets, hotels costs, other tickets or payments, or any similar fee penalties or related or unrelated losses, costs and/or expenses registrant may incur or have incurred as a result of any trip cancellations or changes. 4 WAYS TO REGISTER Toll Free: 800-AZTECH Tel: Fax: info@aztech.ae Website: CERTIFICATION AZTech Certificate of Completion for delegates who attend and complete the training.aztech aztechtraining +AztechOrgUktraining