Advanced Cash Flow Analysis: Counterparty Credit Analysis

Finance & Investment

Next Intake: 19 Feb 2025 (Wed)

Intermediate
SkillsFuture
Short Courses

This module is conducted in-person.

Next course starts on

19 Feb 2025 (Wed) See Full Schedule

Fee

SGD3,270* (as low as SGD381 after maximum funding) Learn More

Duration

3 days
Weekdays (9am - 5pm)

Level

Intermediate

Who Should Attend

Working professionals in the banking and finance industry with an understanding of accounting and financial statements
Credit and IB analyst, Commercial Lender, and Investor who is looking to deepen understanding in cash flow analysis

Overview

How to Manage Cash Flow Effectively?

This workshop aims to bring participants through a comprehensive review of the entire structure of obligor credit analysis, with emphasis on the factors underpinning stable corporate cashflows and their relationships to sustainable debt levels. The material is built around global best practices, however, local relevancy is maintained by drawing on regional insights and experiences particularly from the recent Asian credit downturns. Live case studies, group presentations will be used to maximise learning and participant engagement. Several techniques will be taught, including aides and “tools” for decision making, to help participants in immediate application in the workplace.

Learning Objectives

Perform industry and macro characteristics analysis
Perform quantitative review of companies to determine financing requirements
Define types of cash flows and their characteristics
Familiarity with indirect cash flow statements
Analyse liquidity cushions and financial leverage
Acquire advanced techniques of financial forecast models and debt capacity tools

Topic/Structure

Introduction

Credit Risk Management
Appropriate Need for Credit by Companies

Economic Implication for Sector & Industry Performance

Sector Classifications
Structure Analysis Tool for Industry

Cash Flow: Structure & Analysis

Types of Cash Flow Statements & Terminology

Cash Flow Drivers & Business Risks

Revenue – Sustainability and Stability
Cost Structure - Margin
Working Capital Management

Capital Structure: Impact on Financial Risk & Cash Flow Adequacy for Solvency

Appropriateness of Company’s Funding Structure
Financial Flexibility due to Liquidity
Long term Sources of Capital
Debt Servicing Ability
Tools of Debt Sculpting

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$981

(After SSG Funding 70%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$981

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$381

(After SSG Funding 70%
+ MCES Funding 20%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$381

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$3,270

(No Funding)

$3,270

(No Funding)

$3,270

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll