Welcome to ACPENWe are pleased to announce the expansion of the ACPEN Industry Institute webcast time offerings in order to accommodate a broader range of schedules. Several alternating weeknights and two Saturdays per month are being added to the mix to give you additional programming options! When registering for webcasts, please make note of whether the course is an AM or PM start time. |
Free Cash Flow - The Key to Shareholder Value
Length: 7 Hours
CPE Credits: 7
Learning Objective 1: Introduction to Free Cash Flow, Free Cash Flow Adjustments, and Free Cash Flow Drivers
Learning Objective 2: Cost of Capital and Capital Budgeting Using Free Cash Flow
Learning Objective 3: Free Cash Flow and Interim Financial Results and Incentive Compensation
Learning Objective 4: Acquisition Analysis Using Free Cash Flow
Field of Study 1: Accounting - 3 hours
Field of Study 2: Finance - 4 hours
Program Level (Basic, Update, Intermediate, Advanced, Overview): Intermediate
Prerequisites: None
Advanced Preparation: None
Instructional Delivery Method: Group Internet Based
Course Registration Requirements: Online Registration
Designed For: Chief Executive Officers, Chief Financial Officers, Financial Analysts, Presidents, Controllers, Finance Students, Financial Managers, Accounting Students
Recommended for CPE Credit: 7
Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
Course Description:
This course will offer participants the knowledge and ability to use Free Cash Flow as a business management tool to create value for shareholders. Participants will learn why Free Cash Flow is superior to other measurement tools, such as net income, in evaluating business performance, and how to use this metric to analyze current and future investment opportunities. In addition, participants will learn how to incorporate cost of capital and return on investment into Free Cash Flow analysis, and how to create and optimize the drivers of Free Cash Flow.
Participants will also learn how to use Free Cash Flow to analyze both capital budgeting and acquisition opportunities in order to determine whether those opportunities will create or destroy company value. Further, they will learn how to quantify a project’s terminal value through the use of cash flow perpetuity and constant growth rate techniques. In addition, the calculation of Modified Free Cash Flow will be illustrated and compared to the traditional Free Cash Flow approach, and its use as an alternative business measurement tool will be presented.
... Read MoreProduced By:
Faculty
- Richard Malekian
Course Materials
- Free Cash Flow: The Key to Shareholder Value Creation (54 pages)
- Exercises - Malekian (2 pages)
- Free Cash Flow Replay Q&A (2 pages)
- Questions & Answers
- Important CPE Credit Information_2012
For Catalog Support: 1-800-747-1719 or email support
