Finance essentials - introduction to investment appraisal

Member price for Online Live: £144.50 + VAT
Non-member price for Online Live: £170 + VAT

Member price in England: £237 + VAT
Non-member price in England: £279 + VAT

Timing: 2.00pm-5.15pm

Overview

In order to select the right projects, products and acquisitions a company needs to complete in order to achieve its strategic aims it needs to have a robust decision making process. This process needs to include a financial view of the costs and benefits of a chosen path to help a company make the right decision for its various stakeholders. This course covers a range of financial techniques to help in that evaluation, looks at the pros and cons of each and highlights a range of pitfalls when evaluating various investment options.

Who should attend

This highly interactive course is for anyone who needs or wishes to understand the financial evaluation of options as part of a company’s decision making process.

What you will learn

Many managers will be aware of the concept of time value of money but not necessarily how it impacts the decision making process within an organisation. This course explains the financial evaluation methods involved in assessing the various delivery options a company may have and which should therefore get precious budgetary funding in the next period. It looks at the necessary financial data required to populate the templates in order for the decision to be made and also looks at the various strengths and weaknesses involved in each method. In doing so it should improve the quality of the financial data being used in these calculations and ultimately the quality of the decision making process as a whole.

By the end of the course delegate will, with the aid of their notes, be able to:

• Apply a range of financial evaluation tools intended to support the decision making process within an organisation specifically:
  • Payback period
  • Discounted payback period
  • Accounting Rate of Return
  • Net Present Value
  • Internal Rate of return
• Understand the benefits and drawbacks of each approach
• Explain what relevant costs are when using such methods
• Carry out simple spreadsheet examples
• Explain the potential pitfalls of such evaluation methods in the wider business case context

Related courses

This course is part of BPP’s Finance for Non-Financial Managers programme that consists of 8 half day modules. The courses are designed to be stand alone but, as a programme, provide a comprehensive understanding of key finance concepts for non-finance managers from accounts production and interpretation to budgeting and forecasting.

The courses in the programme are:

• Finance Essentials - The Statements
• Finance Essentials - The Principles
• Finance Essentials - Introduction to Control and Audit
• Finance Essentials - Company Accounts and The Annual Report
• Finance Essentials - Introduction to Strategy and the Business Case
• Finance Essentials - Introduction to Investment Appraisal
• Finance Essentials - Introduction to Budgeting
• Finance Essentials - Introduction to Forecasting & Reporting

Questions?

BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com