Capital Budgeting - Investment Appraisal

Learn the decision making techniques in Capital Budgeting (Investment Projects) From Basics to Advanced

Ratings 4.14 / 5.00

Capital Budgeting - Investment Appraisal

What You Will Learn!

This course aims at teaching the skills necessary for capital budgeting decision making. After completing this course students will be able to understand the process of capital budgeting and appraise the investment projects using different techniques such as payback, ROCE, NPV and IRR in different scenarios from easy to complex.

Description

WHO THIS COURSE IS FOR:

- Accountants / Senior Accountants / Finance Specialists / Finance Managers and other Accounting and Finance Professionals.

- Entrepreneurs, Non Finance Managers, Business Owners, Start Ups.

- Accounting and Finance students doing BBA, MBA, ACCA, CIMA, CPA, CFA, CAT, ICAEW

COURSE OVERVIEW

All businesses make investment decisions either short term or long term. Good consideration and attention must be paid when it comes to long term capital budgeting decisions, where a business or an individual is thinking of investing in a Non Current Asset, large or small, or even staring a new project.

Such decisions should not just depend on gut feeling or mere wishes of the decision maker rather these should be supported by rational calculations to see the financial impact of the decisions on individual’s or organization’s wealth.

This course is designed to help individuals to master the skills needed to evaluate the investment decisions which we call capital budgeting in business.

Average duration of each lecture is approximately twenty minutes in order to explain the topic and do few questions / examples to show the application of knowledge. There are more than twenty topics touched but overall it is about the financial impact of your decisions.

Apart from two long case studies, almost every lecture (with three exceptions) has question examples and solutions explained from real life scenarios.

WHAT IS COVERED IN THIS COURSE
- Payback Period,
- ROCE (Return on Capital Employed)
- Discounted Cash Flow - DCF
- Net Present Value - NPV
- Internal Rate of Return – IRR
- Allowing for Inflation in Project Appraisal
- Allowing for Taxation in Project Appraisal
- Specific Investment Decisions
- Project Appraisal in Risk
- Certainty Equivalents and Mutually Exclusive Projects
- Probability Analysis in Project Appraisal
- Lease or Buy Decisions
- Asset Replacement Decisions
- Equivalent Annual Benefits in Mutually Exclusive Projects

ABOUT THE INSTRUCTOR

I am a qualified accounting and finance professional with over twenty years of professional experience. I have been teaching accounting and finance courses for over fifteen years and have taught more than twenty thousand delegates including students, young accountants, chief accountant and finance managers.