Catalogue

Description

Capital budgeting: The tools to enhance shareholder value (Part 1)

This course will be an overview of:

• The importance of capital project decisions.
• Approaches used to determine the selection of appropriate capital projects.
• Pros and cons of the various tools used to make investment decisions.
• The use of cash flow analysis in making capital budgeting decisions.

After completing this course, the learner should be able to:

• Identify the steps in the capital budgeting process.
• Identify the various items to consider when calculating cash flow.
• Apply the six core investment decision criteria.

Capital budgeting: The tools to enhance shareholder value (Part 2)

This course will be an overview of:

• The required rate of return for capital acquisitions.
• Risk analysis related to capital investments.
• Evaluating the optimal capital budget and impact of capital rationing in making capital investment decisions.
• The use of real options in evaluating capital projects.

After completing this course, the learner should be able to:

• Recognize the key principles, concepts, and terms associated with capital budgeting.
• Define and calculate required rate of return.
• Identify the inherent risk in capital investments and recognize how to incorporate them into the capital investment decision process.
• Recognize and apply optimal capital budgeting and capital rationing concepts.
• Define the concept of real options and apply it to the evaluation of projects.