Investment appraisal - building on the basics

Member price: £379 + VAT

Non-member price: £735 + VAT

Timing: 9.30am-4.30pm

Overview

This one day course will allow delegates to build on their basic knowledge of investment appraisal techniques or reinvigorate their knowledge if they have not studied it for some time.

The course will provide a recap of the basic investment appraisal techniques, look at other techniques that can be used, and make sure that calculations are complete by considering such issues as tax and working capital. This course will also consider the implications of sustainability on the decision making process within businesses in the future. Finally we will look at how we might think more innovatively about our decision making by addressing the pitfalls of the investment appraisal process.

Who should attend

This course is for anyone with an interest in investment appraisal, specifically:

• Qualified accountants looking for a refresher and update of their investment appraisal knowledge
• Non-finance managers with an interest in developing their knowledge of the elements of investment appraisal

This course builds on the basic elements of investment appraisal - therefore, an awareness of NPV, IRR and payback period is helpful before coming on this course as we will consider the other factors to be considered in the investment appraisal process e.g. tax, working capital & risk. A basic understanding of investment appraisal and finance is assumed.

What you will learn

• How to decide whether to proceed with a capital purchase or project, using techniques such as net present value, internal rate of return and payback
• Further considerations around relevant costing
• Dealing with real life complications such as changing interest rates, irregular cash flows, relevant cash flows, working capital cash flows, inflation and taxation
• How to account for risk and uncertainty in investment appraisal using expected values and sensitivity analysis
• The qualitative issues relevant to the decision making process, plus recognition and understanding of some of the behavioural aspects of a decision making process
• Considering the impact of sustainability on the investment appraisal process

Questions?

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