COURSE OVERVIEW

 

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using “MS-Excel” application. 

This course is designed to provide participants with a detailed and up-to-date overview of Financial Acumen in Power Sector. It covers the key financial statements and assets and liabilities; the revenue recognition, expense management and cash flow analysis; the financial ratios, budgeting principles and framework and capital budgeting in power projects; the operating budget preparation, cost control and cost management including forecasting and financial modelling; and the budget review and performance monitoring as well as financial analysis for investment decisions. 

 

During this interactive course, participants will learn the cost of capital, financing strategies in the power sector, risk assessment and mitigation; the economic value added (EVA), value creation, business case development and strategic role of finance in utilities; the performance management and scorecards, corporate governance and internal controls as well as regulatory financial reporting; the sustainability and financial impact, strategic decision-making tools, utility tariff structures and financial impact; and the benchmarking and financial best practices, financial audits and assurance activities.