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Euromoney Learning On-Demand

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VAT on Virtual and Online Programmes

VAT is applicable on virtual programmes to delegates attending from the UK*. If participating from the EU, a valid VAT number is required to ensure VAT will not be charged under the reverse charge mechanism. VAT is not applicable to attendees from all other countries.
*For virtual courses ran through our Asia office, VAT may be applicable to HK and Singapore residents only. Find out more by contacting learning@euromoney.com

 

Claiming Back Your VAT

All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.


Claim the VAT that's rightfully yours in four simple steps:

1. Register your interest

2. Sign a few simple documents

3. VAT IT processes your claim

4. Receive your refund




Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 


Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

 

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Finance for Non-Financial Managers

Learn the fundamentals of finance and accounting

  • Course Overview

    This program provides attendees with an understanding of financial operations within the corporate environment. Participants will learn the value-add techniques used by finance managers to apply across all areas of the firm building more effective decision-making and enhancing enterprise value. The program also covers corporate valuation methodologies and the differences between equity and enterprise values.

    This program focuses on understanding these valuation methods; their uses and pitfalls, as well as circumstances where each approach should be used, and which inputs have the largest impact on the output. A limited set of Excel exercises are used to demonstrate principles with an emphasis on understanding rather than rote memorization of modelling with Excel. These approaches help to identify a company’s fundamental value.

     

     

    Pre-Requisites

    Attendees need to understand the balance sheet fundamentals, P/E multipliers, and Excel for modeling.  

  • This course will be run usig meeting room technology.  To find our more contact learning@euromoney.com

     
    Pre-requisites:
     
     Attendees need to understand the balance sheet fundamentals, P/E multipliers, and Excel for modeling.  
     
     
     
    Day 1 - Morning
     
    Financial Statements – an Intuitive Approach – Financial vs Managerial Accounting
     
     
    Rather than drill down into the details of how to develop accounting statements, this module reviews a company as a nexus of contracts of various counterparties.  This approach looks at the various stakeholders of a company and what role they play in each part of the balance sheet as well as their claims on the cash flows.  It better illustrates the concept of risk/return and where a company should focus their efforts.
     
    Key topics
    • A company as a nexus of contracts among stakeholders
    • Left and right hand sides of the Balance Sheet – what is really there?
    • Financial structure – claims from the left hand side
    • Accounting for cash flows
     
    Learning Objectives
     
    This module focuses on an intuitive understanding of accounting to get participants to look at the big picture of company value rather than a series of accounting entries.
     
     
     
    Day 1 - Afternoon
     
    Analysis of Key Financial Statements
     
    This section provides a formal review of the accounting data and provides analytical tools that allow participants to gain new insights and perspectives into the data. The concept of accrual vs cash accounting is covered to focus on the difference between financial and managerial accounting.
     
    Key topics
     
    • Review of the accounting cycle
    • Income statement to Cash flows
    • Cash flow analysis
    • Ratio analysis – times series and cross-sectional


    Learning Objectives

    This module focuses on using analytical methods to enhance usage and understanding of accounting data.
     
     

    Working Capital and Capital Budgeting

     This section a brief review of working capital and then moves on to capital budgeting and accept vs reject decisions in project management. IRR, NPV and payback models are reviewed along with understanding cash flows for projects.
     
     
    Key topics
    • Defining working capital and working capital management
    • Trade-offs involved with inventory and other assets that use cash
    • Using NPV, IRR and Payback Models
    • Determining relevant cash flows to make better project decisions.
     
    Learning Objectives
     
    Participants will be able to model project cash flows and determine accept vs reject criteria for capital budgeting.  
     
     
     
     
    Day 2 - Morning
     
    Quick Development of Three Statement Models
     
    Three statement modeling can entail extensive amounts of time and require significant effort. The approach used here is to look at the most useful excel functions and a flow chart approach to efficient model construction.
     
     
    Key Topics
     

    • Excel tips and tricks
      • The most useful shortcuts in Excel
      • Using Excel visually; conditional formatting
    • Using excel efficiently in model construction
    • How the flow of financial elements is used in three statement modelling

     

     
    Learning Objectives

    Participants will be able to do quick and fast three statement models as well understand proper development of more complex models with iteration and nuances surrounding dealing with controlling interests and other issues.

     
    Principals Behind Valuation
    This section provides a primer on understanding corporate valuation and the role in financial transactions.
     
     Key Topics
     

    • The importance of valuation in investment banking and financial transactions
    • The role of market values in reliability “trust market prices”
    • What determines the price of a transaction
    • Looking at Book Values and Market Values – The purpose of each value
    • What is fundamental valuation?


    Learning Objectives

    Participants will better comprehend why valuation is important and what can be done to generate reliable values.

     

    Day 2 - Afternoon

     

    Understanding the True Nature of Enterprise Value

     

    This module reviews enterprise value determination, proper approaches to its determination and uses of the value.

     

    Key topics

    • Enterprise Value from fundamental Analysis
    • Enterprise Value from market values
    • Basic calculations of EV – debt plus equity
      • What components belong in an EV calculation?
      • Why do I exclude some data?

     

     

    Learning Objectives

    Participants will be able to understand the fallacies surrounding enterprise value and what the true nature of the value provides.

     

     

     

     

     

     

     

     
     
     
     
     
  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
    • Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
This course can be run as an In-house or Tailored Learning programme

Instructor

  • Mark Holder

    Biography

    Mark Holder, PhD   Mark has designed and carried out an extensive array of training programs for a wide range of clients, from Global IBs, hedge funds, asset managers to exchanges and private wealth managers.  His experience in derivative product design, structured product pricing, economics, and business development allows him to convey information to program participants that accurately reflects real world conditions and markets.  Participants note that they feel much more “Desk-Ready” after having spent time in his programs. They also indicate that Mark explains difficult topics and concepts, from mathematics and probability theory, to bond pricing, in a readily approachable manner that makes understanding and application far more intuitive.   His areas of primary expertise include derivative products, pricing, trading and marketing. He has also developed and trained in the following topics - corporate finance, equity and bond pricing, markets and trading; valuation, financial modelling and excel, accounting for derivatives; money & capital markets, life-cycle of a trade, commodity markets including agricultural products, crude and natural gas products, metals, and power and emissions markets.  He has extensive training experience in risk management and measurement. This includes credit risk and credit related products, liquidity risk management, and structured products. He has trained participants in trading, wealth management, regulatory frameworks and market operations. Based on his experience has also trained participants in bank regulation and stress testing.   Mark typically employs case studies, both classic historic cases and ones he has developed based on consulting work for various corporates and exchanges. These cases drive home real-world situations and outcomes.  He has experience with several different training simulations that allow participants to experience decision making in a safe environment. He also uses team projects to create a learning environment for participants where appropriate. This variety of techniques ensure information transfer is successful and that learning is embedded and enduring.