معهد الدراسات المصرفية

المملكة الأردنية الهاشمية

Advanced Cash Flow Analysis & Projections in Cooperation with Moody’s Analytics


المحاضر تاريخ البداية تاريخ النهاية توقيت البداية توقيت النهاية مكان الانعقاد عدد الساعات سجّل الآن
2017-10-09 2017-10-11 09:00 17:00 عمان 21
سجّل الآن

(Objectives / الأهداف)

:

Upon completion of this seminar delegates will be able to:

»   understand cash flow and its role in the credit risk assessment process

»   interpret the impact of primary cash drivers

»   prepare projections to assess future cash flow quality

»   project future cash flow, debt service cover and credit need from non-financial information

»   identify potential liquidity problems before they become a threat to a client’s business

»   assess cash flow issues specific to international companies


(Contents / المحتويات)

:

Day One

Session 1: Review the Key Elements of Corporate Credit Risk

»   Structural framework for analysis

Session 2: Review Ratio Analysis

»   Key financial ratios used to establish absolute and relative financial condition

»   Five key cash drivers

»   Cash flow analysis and debt service cover

»   Group Exercise

Session 3: Cash Flow Statement Structure and Format

»   Cash Flow Statement structure

»   Using Moody’s Risk Analyst (MRA) / internal spreadsheets – strengths and weaknesses

»   Group Exercise

Day TWO

Session 4: Cash Flow Analysis

»   Identifying primary cash drivers

»   Cash Management - How management can impact the cash availability of a company

»   Different formats of cash flow analysis including MRA

»   Calculating Debt Service Cover Ratios

»   Group Exercises

Session 5: Financial Projections

»   The purpose of projections

»   The projection process

»   Project future cash flows, debt service cover and credit need from non-financial information

»   Overview of MRA projections functionality

»   Identify potential liquidity problems before they become a threat to a clients business

 

»   Group Exercises

DAY THREE

Session 6: Introduction to Off-Balance Sheet & Other Contingent Obligations

»   Analyzing the nature and risks associated with OBS obligations

»   Group Exercises

Session 7: Analytical issues when dealing with international companies

»   Determining the analytical problems caused by non-cash items in the context of cash flow

»   Group Exercises

Session 8: Putting It All Together

»   Group Comprehensive Case Study and role play. Using the concepts learned during the course, delegates will prepare and present a credit assessment



(Participants / المشاركون)

:

The seminar is aimed at all those with an existing good knowledge of financial statements and basic credit analysis, and whose aim it is to go beyond the assessment of historic accrual financial statements. Delegates could come from a broad range of backgrounds, such as

»   Commercial credit analysts

»   Commercial lenders, loan officers,

»   Relationship managers

»   Fixed income professionals

»   Investors

»   Other financial professionals

Program Level: Intermediate

Prerequisites: Approximately two years experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or equivalent.