INVESTMENT APPRAISAL

“The practical application of both traditional and modern techniques”

Delegates will be reacquainted with the traditional appraisal techniques together with being introduced to the modern techniques applied in capital investment appraisal. This is a comprehensive review of discounted cash-flow capital investment appraisal techniques using worked examples with equal emphasis placed on the application of the techniques and the correct interpretation of results.

Finance managers, management accountants and advisors who are involved in evaluating capital investment proposals for large projects will benefit from attending this course.

Programme Outline

The incremental after tax cash-flow concept

  • Discounted cash-flow – the basic techniques
    Inflation
  • The cost of capital for a company and for specific projects
  • Capital rationing
  • Sensitivity analysis
  • IRR, MIRR, APV
  • Worked examples of specific problems;
  • Practical work by delegates

Date: Monday 16th April

Venue: AccountancySchool.ie, 5 Lad Lane, Dublin 2

Duration: 6.30pm to 9.30pm (3 hours)

Register for this course

€110.00Register

ld-225x300Presenter – Liam Doran MBS (Finance), FCCA

Liam is a lecturer at AccountancySchool.ie and specialises in the areas of financial accounting and financial management. Prior to becoming a full time lecturer he worked for the Irish subsidiary of a Canadian multinational with specific responsibility for corporate finance activity. He has had a lot of exposure to merger and acquisition activity having been involved in the acquisition of a number of businesses in Germany, France and the UK. As such, Liam has a lot of experience in preparing forecasts of future cashflows, estimating risk adjusted discount rates, dealing with sensitivity testing and using appropriate models to estimate value creation from different investment opportunities.