- Cash management - Mastering cash management tools : - Cash management techniques: cash pooling, SEPA - Master the nature of settlements and processing techniques - Know and know how to use operational levers for cash optimization - Understand banking circuits and conditions, and interest rates - Understand payment methods and know how to contribute to their development
- Public institutions and bodies - Learn about public institutions and bodies: Autorité des marchés financiers (France, International), Autorité des normes comptables, IASB, EFRAG, Autorité de la concurrence, parliamentary committees, etc.
- LT and CT financing methods - Understanding the main LT and CT financing methods
Understanding and implementing
Target audience
- Bankers / Account managers
- Financial directors and controllers
- Chartered accountants, statutory auditors
- Financial members of management committees
- Treasurers
2 day
Prerequisites
It is recommended that you have taken the "Financial Analysis - Level 1 - Reading and understanding financial statements" module [FHANFI].
Financial analysis - Level 1 - Reading and understanding financial statements [FHANFI] [in French only
Understanding and implementing
Objectives
◗ Analyze the company's financing needs
◗ Compare the various existing financing methods, their terms and conditions, the players involved and the associated risks.
◗ Measuring the impact on financial statements to make decisions in this area
Training program
◗ Understanding the challenges of financing and the causes of failure
- Default risk and economic consequences
✔ UNDERSTANDING | Illustration: calculating the impact of late payment and non-payment
of payment
✔ UNDERSTANDING | Illustration: chain of impacts of a payment incident
- Preventing and resolving business difficulties
✔ APPLY | Case study: determining sources of financing adapted to the risk
specific to each company
✔ EVALUATE | Quiz: in your opinion... Who can trigger a warning procedure?
◗ Choosing the right financing options
- Overview of instruments: debt, equity, hybridization, crowdfunding
- Selection criteria: cost, dilution, autonomy, leverage
- Pecking order and risk-based arbitrage
✔ UNDERSTANDING | Guided study: comparing the main financing methods
✔ APPLY | Case study: matching financing instruments to the needs
of a typical company
✔ APPLY | Case study: who are the lenders/investors according to
type of financing?
✔ EVALUATE | Quiz: in your opinion... Which financing instruments are assimilated to equity capital?
◗ Adapting financing to the company's life cycle and risks
- Early stage financing, growth, maturity, turnaround
- Long-term financing: bank loans, LBOs, debt securities
- Market financing: IPO, EuroPP, bonds
✔ UNDERSTAND | Determining the players, duration and instruments on the money market
✔ UNDERSTAND | Illustration: financing scheme according to life-cycle stages.
✔ ASSESS | Quiz: in your opinion... Which creditor is repaid last in the event of default?
◗ Managing bank relations
- Understanding the banker's point of view and constraints
- Prudential constraints, Basel ratios, banker's risks
- Balance sheet equilibrium, bank margins, yield curve
- Managing the banking relationship: transparency, alerts, negotiation
✔ UNDERSTAND | Case analysis: banks' role in financing and default.
✔ ASSESS | Quiz: what do you think... What is abusive credit support?
◗ Financing investments and the operating cycle
- Conventional loans, leasing, factoring, lease-back, securitization
- Reverse factoring
- Investment project financing and profitability logic
- Cash pooling, lines of credit, export financing
- Public-private partnerships
- Interest-rate hedging and credit insurance
- Financing business transfers, LBOs
✔ APPLIQUER | Case study: what are the risks of an investment project in relation to
the different stages and objectives of the project?
✔ EXPERIMENTALIZE | Workshop: choosing the term and repayment profile to suit
the project to be financed
✔ EVALUATE | Quiz: in your opinion... What is the real cost of factoring?
Why choose this course?
This training course will give you the knowledge and skills you need to set up an appropriate corporate financing policy, monitor its relevance, and master its financial communication.
Teaching and assessment methods
Before: self-assessment quiz
During the session: technical presentation accompanied by numerous case studies. Illustrations drawn from current events and real cases encountered by companies and/or the presenter's own experience in the field. Exchange of best practices. Interactive quizzes during the session and a summary case study ensure that knowledge has been acquired.
After: summary sheets. The trainer is available to answer any training-related questions.
General training | FinHarmony Conseil & Formation
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Price
1,860 EXCL.
Testimonials
Corporate financing
Corporate financing
Corporate financing
Jonathan C.
Company
Training