Investment Appraisal - Building on the Basics

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. It will therefore 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 is this for?

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

What will you learn?

By the end of the course delegates will, with the aid of their notes, gain insight into:

• 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

Duration

This one day course runs full day for face-to-face dates and over two afternoons for online live dates.