Course Detail(BF013 : Business Valuation & Analysis: Corporate Restructuring & Funding – Practical Applications for Decision Makers (Live Webinar))

SDF Funding, SkillsFuture Credit, UTAP Funding

BF013 : Business Valuation & Analysis: Corporate Restructuring & Funding – Practical Applications for Decision Makers (Live Webinar)

14.00 CPE Hours (Others)
Classroom

Please be informed that as per Ministry of Health’s (MOH) guidelines on tighter measures that was announced on 24th March 2020, we will be changing the format of the session on 27 & 28 Aug 2020 into a Live Webinar. A detailed set of instructions on the Live Webinar will also be sent to you closer to date. Please sign up for a Zoom account (https://zoom.us/) if you currently do not have an account. 

Programme Outline

  • The fundamental factors that underlie valuation and how can they be used in practice.
  • What lies behind multiple such as the P/E, DCF, APV, EVA ... etc. How these multiple be used in valuation.
  • The key rates of company valuation in corporate finance and particularly in merger and acquisitions.
  • Valuation of private companies, banks, IPOs, franchise, etc
  • How to Restructure a corporation and what are the latest Funding techniques

Day One

Session 1: Overview and Concept of Valuation

Obtaining companies' true value and finding out unrealized shareholder values trapped in companies is vital.

This session lays out the key role of company valuation in corporate finance as well as mergers and acquisitions.

  • Key points of Company Valuation
  • Valuation Key Questions
  • Valuation for Mergers & Acquisitions
  • Process of Valuation

Session 2: Valuation Framework and Techniques

  • Techniques of Earnings-Based Valuations
  • Technology Business Valuation
  • Private Company Valuations
  • Share Option Valuations
  • Relative Valuation Method
  • Direct Valuation Method
  • Discounted Cash Flows Method
  • Adjusted Present Value
  • EVA Method

Session 3: Financial Review

This session examines the ratio analysis and the Five Key areas of interest when organizing a Financial Review. The cash flows analysis will also be discussed.

You will understand how to look at key financial ratios to help determine whether the business is creating wealth from both a qualitative and quantitative perspective.

1. Ratio Analysis

  • Trend Analysis
  • Cross-section Analysis
  • DuPont Model
  • The Return on Shareholders' Equity (ROE) Model
  • Case Study on ROE Model

2. Cash Flows Analysis

  • Cash Flows From Operative Activities (CFFO)
  • Cash Flows From Investing Activities (CFFI)
  • Cash Flows From Financing Activities (CFFF)
  • Cash Flows Analysis Illustration

Day Two

Session 4: Traditional Valuation Models

  • Traditional Valuation Methods
    • a) Earnings Multiple Analysis
    • b) Discounted Cash Flow Analysis (DCFA)
    • c) Weaknesses and Advantages
  • Alternatives Valuation Methods
  • Discounting Factor:-
  • Calculating the Weighted Average Cost of Capital (WACC)
  • Valuation when Company Structure Changes
  • Best Practices Survey
  • Different Approaches to Corporate Valuation

Session 5: Company Restructuring and Funding Issues

  • This session will look at the restructuring process and available restructuring solutions. You will understand efficient processes for restructuring and latest restructuring techniques used and proposed for companies in financial difficulties.
  • Restructuring Process & Management
  • Relationship with the Top Management
  • Relationship with the Shareholders
  • Relationship with the Investment Bankers
  • Available Restructuring Solutions

Session 6: Funding Methods and Solutions


Training Methodology
Presentation style with interactive case studies and open discussion.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

This training course has been designed specifically for executives with significant strategic responsibility including: •CFOs •Corporate Finance Managers •Valuation & Research Mangers •Business Development Managers •Strategic Planners •Financial Controllers •Treasurers •Accountants •Analysts •M&A Specialists •Fund Managers •Researchers •Risk Management Managers •Vice Presidents - Project Finance •Lending Officers •Management & Strategic Consultants

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

27 Aug 2020 (9:00 AM - 5:00 PM)
28 Aug 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 695.50   $ 556.40
For Non-Members: $ 834.60   $ 667.68
Discounts till 31 Aug 2020

Programme Facilitator(s)

Prof Malick SY, PhD

Venue

Online Classroom in or outside of
Singapore

Date & Time

17 Dec 2020 (9:00 AM - 5:00 PM)
18 Dec 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 695.50
For Non-Members: $ 834.60

Programme Facilitator(s)

Prof Malick SY, PhD

Venue

Online Classroom in or outside of
Singapore

Date & Time

19 Dec 2019 (9:00 AM - 5:00 PM)
20 Dec 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Date & Time

29 Aug 2019 (9:00 AM - 5:00 PM)
30 Aug 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Date & Time

23 Apr 2019 (9:00 AM - 5:00 PM)
24 Apr 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Malick SY, PhD

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 1 April 2021
Course Ref No.: CRS-N-0035492

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SFC may be accumulated to pay for skills related course fees. You may wish to use your SFC to pay for partial/full ISCA course fees.  (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information. At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
  • Step 2: After successful enrolment, please proceed to submit SFC claim on Skillsfuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal here: http://www.skillsfuture.sg/credit.

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 

Funding Period: Until 1 April 2021
Funded Hours: 14 hours
Course Ref No.: CRS-N-0035492

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     
  • Step 2: After successful enrolment, please proceed to submit the Training Grant application via SkillsConnect Portal here: https://www.skillsconnect.gov.sg/

 

Employers of company-sponsored participants must submit training grant via SkillsConnect system to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).

3] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2020 – 31 March 2021.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.


To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

 

Programme Facilitator(s)


Prof Malick SY, PhD

Prof Malick SY is the Managing Director of a financial consulting firm with offices in South East Asia. Specializing in Corporate Consulting and Risk Management, his expertise in these areas is recognized internationally. He has been a Director of Risk Management at the Kuala Lumpur Stock Exchange and has been member of the Singapore Exchange Corporate Advisory Committee in Derivatives (SGX-DT).

With more than 25 years of experience in financial consulting and advisory to many financial institutions in Europe, Asia and Australia, his corporate clients include DBS Bank (Singapore), Singapore Exchange (SGX), Credit Suisse (Singapore), Bursa Malaysia, Association of Insurance and Asset Management Companies (Malaysia). He has set up the risk management department for many companies in Asia. He was the course leader for the derivative compulsory courses in getting the Options, Futures licenses organized by the Stock Exchanges of Singapore and Malaysia.

Professor of Financial Management at the Royal Melbourne Institute of Technology (RMIT) University, Melbourne-Australia and a visiting Professor of Finance at the City University of New York (CUNY)-USA, his time is shared between graduate level teaching, research activities and consulting. His research interest is in risk management, banking and financial markets especially derivatives and foreign exchange.

He won the Chicago Board of Trade (CBOT-USA) award.

 

Please be informed that as per Ministry of Health’s (MOH) guidelines on tighter measures that was announced on 24th March 2020, we will be changing the format of the session on 27 & 28 Aug 2020 into a Live Webinar. A detailed set of instructions on the Live Webinar will also be sent to you closer to date. Please sign up for a Zoom account (https://zoom.us/) if you currently do not have an account. 

Programme Outline

  • The fundamental factors that underlie valuation and how can they be used in practice.
  • What lies behind multiple such as the P/E, DCF, APV, EVA ... etc. How these multiple be used in valuation.
  • The key rates of company valuation in corporate finance and particularly in merger and acquisitions.
  • Valuation of private companies, banks, IPOs, franchise, etc
  • How to Restructure a corporation and what are the latest Funding techniques

Day One

Session 1: Overview and Concept of Valuation

Obtaining companies' true value and finding out unrealized shareholder values trapped in companies is vital.

This session lays out the key role of company valuation in corporate finance as well as mergers and acquisitions.

  • Key points of Company Valuation
  • Valuation Key Questions
  • Valuation for Mergers & Acquisitions
  • Process of Valuation

Session 2: Valuation Framework and Techniques

  • Techniques of Earnings-Based Valuations
  • Technology Business Valuation
  • Private Company Valuations
  • Share Option Valuations
  • Relative Valuation Method
  • Direct Valuation Method
  • Discounted Cash Flows Method
  • Adjusted Present Value
  • EVA Method

Session 3: Financial Review

This session examines the ratio analysis and the Five Key areas of interest when organizing a Financial Review. The cash flows analysis will also be discussed.

You will understand how to look at key financial ratios to help determine whether the business is creating wealth from both a qualitative and quantitative perspective.

1. Ratio Analysis

  • Trend Analysis
  • Cross-section Analysis
  • DuPont Model
  • The Return on Shareholders' Equity (ROE) Model
  • Case Study on ROE Model

2. Cash Flows Analysis

  • Cash Flows From Operative Activities (CFFO)
  • Cash Flows From Investing Activities (CFFI)
  • Cash Flows From Financing Activities (CFFF)
  • Cash Flows Analysis Illustration

Day Two

Session 4: Traditional Valuation Models

  • Traditional Valuation Methods
    • a) Earnings Multiple Analysis
    • b) Discounted Cash Flow Analysis (DCFA)
    • c) Weaknesses and Advantages
  • Alternatives Valuation Methods
  • Discounting Factor:-
  • Calculating the Weighted Average Cost of Capital (WACC)
  • Valuation when Company Structure Changes
  • Best Practices Survey
  • Different Approaches to Corporate Valuation

Session 5: Company Restructuring and Funding Issues

  • This session will look at the restructuring process and available restructuring solutions. You will understand efficient processes for restructuring and latest restructuring techniques used and proposed for companies in financial difficulties.
  • Restructuring Process & Management
  • Relationship with the Top Management
  • Relationship with the Shareholders
  • Relationship with the Investment Bankers
  • Available Restructuring Solutions

Session 6: Funding Methods and Solutions


Training Methodology
Presentation style with interactive case studies and open discussion.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

This training course has been designed specifically for executives with significant strategic responsibility including: •CFOs •Corporate Finance Managers •Valuation & Research Mangers •Business Development Managers •Strategic Planners •Financial Controllers •Treasurers •Accountants •Analysts •M&A Specialists •Fund Managers •Researchers •Risk Management Managers •Vice Presidents - Project Finance •Lending Officers •Management & Strategic Consultants

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Prof Malick SY, PhD

Prof Malick SY is the Managing Director of a financial consulting firm with offices in South East Asia. Specializing in Corporate Consulting and Risk Management, his expertise in these areas is recognized internationally. He has been a Director of Risk Management at the Kuala Lumpur Stock Exchange and has been member of the Singapore Exchange Corporate Advisory Committee in Derivatives (SGX-DT).

With more than 25 years of experience in financial consulting and advisory to many financial institutions in Europe, Asia and Australia, his corporate clients include DBS Bank (Singapore), Singapore Exchange (SGX), Credit Suisse (Singapore), Bursa Malaysia, Association of Insurance and Asset Management Companies (Malaysia). He has set up the risk management department for many companies in Asia. He was the course leader for the derivative compulsory courses in getting the Options, Futures licenses organized by the Stock Exchanges of Singapore and Malaysia.

Professor of Financial Management at the Royal Melbourne Institute of Technology (RMIT) University, Melbourne-Australia and a visiting Professor of Finance at the City University of New York (CUNY)-USA, his time is shared between graduate level teaching, research activities and consulting. His research interest is in risk management, banking and financial markets especially derivatives and foreign exchange.

He won the Chicago Board of Trade (CBOT-USA) award.

 


Upcoming Schedule

Date & Time

27 Aug 2020 (9:00 AM - 5:00 PM)
28 Aug 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 695.50   $ 556.40
For Non-Members: $ 834.60   $ 667.68
Discounts till 31 Aug 2020

Programme Facilitator(s)

Prof Malick SY, PhD

Venue

Online Classroom in or outside of
Singapore