Upcoming Project Management in Accounting 3 Day Webinar: March 8 to 10, 2022 - ResearchAndMarkets.com

The "Project Management in Accounting" training has been added to ResearchAndMarkets.com's offering.

This workshop is based on the concept that any business is essentially an integrated system of cash flows driven by management decisions.

All analytical tools and related financial/economic concepts are dissected within this context, which reflects the three basic types of decisions made continuously by the management of any ongoing business: investment, operating, and financing.

It will focus on the most important attribute of a successful, value-creating company which is its deliberate emphasis on managing the company and its parts as a total system by ensuring there is coherence and positive, economic reinforcement reaching across all operational, investment and financing activities.

Financial Managers will learn specific techniques for ensuring integration of corporate purpose, strategies, policies, activities and decision-making.

Learning Objectives:

• Large Scale contracts
• Auditing large scale projects
• Cost Planning, Cost Control and Cost Analysis
• Fraud in Large scale Projects
• Large scale Scheduling and Costs control
• Establishing the project management fundamentals
• Assessing and tracking risk
• Project cash flow
• Free Cash Flow and Coverage Ratios
• Equity valuation
• Project dynamics
• Large scale Project Cost Management
• Cost Management
• Project Finance in practice
• Financial Models for project finance
• Project Finance model issues
• Approaches to rating in Project Finance Models
• Using Project Finance Models

Key Topics Covered:

Day 01(10:00 AM to 5:00 PM EST)

9:30-9:59 Registration Meet & Greet

10.00-11:00 Training Objectives Review, Expectations and Scope: Large Scale Contracts

• Types of Large Scale Contracts and Associated Risks To Your Organization
• Understanding the Large Scale Project Life Cycle
• Management of Large Scale Projects
• Compliance With National Standards

11:00-12:00 Auditing Large Scale Projects

• Variations of Large Scale Audits
• Selecting Projects For Audit
• Cost Auditing in Large Scale
• What To Look For During An Audit
• High-Risk Areas and Common Issues
• Auditing Health and Safety Issues

12:00-1:00 Lunch

1:00-3:00 Cost Planning, Cost Control and Cost Analysis

• Cost Definitions
• Auditing Outline Proposals
• Auditing the Detailed Design Stage
• Audit Steps and Timing

3:00-4:00 Fraud in Large Scale Projects

• Auditing For Fraud
• The Fraud Triangle
• Common Areas For Fraud and Abuse
• Red Flags For Fraud

4:00-5:00 Large Scale Scheduling and Costs Control

• Steps in Scheduling
• What Goes Wrong
• Resource Planning
• Cost Estimating
• Cost Budgeting
• Cost Control

Day 02(10:00 AM to 5:00 PM EST)

9:30-9:59 Registration Meet & Greet

10:00-11:00 Establishing the Project Management Fundamentals

• Establishing a Business Justification
• Identifying Stakeholders
• Roles and Responsibilities
• Defining Project Goals and Creating the Project Charter
• Managing Scope Variation
• Auditing Suppliers and Services
• Auditing Contracts

11:00-12:00 Assessing and Tracking Risk

• Identifying Risks
• Documenting the Risk Register
• Responding To Risk Events
• Formulating the "Cascarino Cube"

12:00-1:00 Lunch

1:00-2:00 Project Cash Flow

• Structuring and Financing Solutions
• Project Finance Experience Worldwide

2:00-3:00 Free Cash Flow and Coverage Ratios

• Definitions and Analysis
• Cost and Revenue Modeling
• Cash Adequacy, Reworkshop, Standby and Liquidity
• Financial Coverage Ratios and the Bank Perspective
• Cash Flow Design

3:00-4:00 Equity Valuation

• XNPV, XIRR, MIRR
• Equity NPV/IRR and Project IRR
• Modeling Cash Flow and Ratios
• Allowing For Accountancy - Depreciation, Tax and Capital Allowances

4:00-5:00 Projectdynamics

• Demand and Capacity Driven Forecasts
• The Consistency of Capital Expenditures and Volume
• Operating Revenue and Expense Drivers

Day 03(10:00 AM to 5:00 PM EST)

9:30-9:59 Registration Meet & Greet.

10:00-11:00 Cost Management

• Cost Estimating
• Cost Budgeting
• Cost Control

11:00-12:00 Project Finance in Practice

• Design Tolerance
• Dealing With Inflation
• Dealing With Non-Correlated Variables
• Estimating Damages
• Pre-Completion Elements

12:00-1:00 Lunch

1:00-2:00 Financial Models For Project Finance

• The Fundamentals of Project Finance Model Design
• Objectives of Project Finance Models
• Design, Testing and Feedback
• Model Sensitivity and Auditing
• The Role of Macros

2:00-3:00 Project Finance Model Issues

• Depreciation of Fixed Assets
• Control Accounts - Waterfall/Cascade
• Status Checking
• Modelling Securitization in Project Finance
• Working Capital

3:00-4:00 Approaches To Rating in Project Finance Models

• Debt Issues Sheet
• Financial Statements
• Introducing Flexible Time Dimensions
• Debt Amortization Schedules
• Senior Debt, Mezzanine and Equity Tranches

4:00-5:00 Using Project Finance Models

• Input of Models To the Decision-Making Process
• Modelling a Ppp Transaction
• Deciding Between Corporate and Project Finance
• Benefit Allocation Between Stakeholders

For more information about this training visit https://www.researchandmarkets.com/r/tmhz9e

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005272/en/