Corporate Governance and Control Systems on the Financial and Administrative Performance

Corporate Governance and Control Systems on the Financial and Administrative Performance

 

Date: (5-9/Mar) (13-17/Aug)

Location: Kuala Lumpur – Istanbul

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Course Overview

Introduction:

This essential and exciting seminar answers these and many more questions, bringing to life theoretical principles using contemporary practical examples, and highlights:

  • Optimal long-term financing and minimizing weighted average cost of capital (WACC)
  • Islamic finance
  • Appraisal and financing of domestic and international capital investment projects
  • Financial planning and alternative financial strategies to maximize shareholder wealth
  • Management of financial risk relating to interest rate foreign currency exchange rates
  • Corporate governance

 

Program Objectives:

  • Use the financial tools and techniques necessary to create corporate value and shareholder value to achieve the primary corporate objective of maximization of shareholder wealth
  • Identify the various types and appropriate uses of corporate financing and Islamic financing
  • Evaluate the impact of alternative capital structures on your organization’s WACC
  • Develop long-term financial planning models to provide the necessary framework for the choice and implementation of appropriate financial strategies
  • Manage financial risk exposures to interest rates and foreign currency exchange rates volatility using hedging and derivatives, and an appreciation of behavioural finance
  • Consider how corporate behavior impacts on achievement of corporate objectives, and the importance of corporate governance in influencing that behavior

 

Who Should Attend?

This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.

 

Program Outline:

DAY 1

The Framework of Corporate Finance and Islamic Finance

  • What are corporate finance and corporate financial objectives?
  • Maximisation of shareholder wealth
  • Long-term financing – equity and debt
  • Short-term financing – internal and external to the organization
  • Shari’a law and the foundations of Islamic finance
  • The growth of the Islamic finance industry
  • The bases of Islamic finance, corporate value and shareholder value

DAY 2

Sources of Corporate and Islamic Finance

  • The financial statements – what do they tell us about financing?
  • Sources of long-term financing
  • The capital markets
  • Financial institutions
  • Islamic finance and riba (interest)
  • The two pillars of Islamic banking: Mudaraba (trust financing) and Musharaka (partnership financing)
  • Islamic banking financial instruments
  • The 2008 global financial crisis

DAY 3

Domestic and International Capital Investment and Financing

  • Long-term financing and financial risk
  • Cost of equity, cost of debt, and the weighted average cost of capital (WACC)
  • Capital structure models to minimize WACC
  • Future values, present values and discounted cash flow (DCF)
  • Capital investment appraisal using NPV, IRR, MIRR, and EAC
  • Evaluating international capital investment, its financing and cost of capital
  • Capital budgeting, capital rationing and the profitability index (PI)
  • Further factors to consider in investment appraisal

DAY 4

Financial Planning and Financial Risk

  • Long-term financial plans to determine funding requirements
  • Assumptions that support financial plans
  • Financial planning models
  • The choice of financial strategies
  • The impact of financial risk on corporate financial objectives
  • Interest rate risk
  • Foreign currency exchange rate risk
  • Financial risk management and behavioral finance

DAY 5

Corporate Governance and Corporate Social Responsibility

  • Insolvency, wrongful trading and fraudulent trading
  • Shareholders, the responsibilities of directors, and the agency problem as an obstacle to achieving corporate objectives
  • The roles of auditors and directors
  • The need for corporate governance and corporate social responsibility (CSR)
  • The UK Corporate Governance Code 2010, USA Sarbanes-Oxley Act 2002, and GCC and other countries corporate governance
  • The board of directors and the role of non-executive directors
  • Nomination, remuneration, and internal audit committees
  • Corporate governance reporting in the annual report and accounts