Most organizations manage their income statement, but many virtually ignore the balance sheet until balance sheet problems create seemingly insurmountable emergencies. This session discusses how to analyze and manage your financial statements more holistically, allowing you to identify and correct balance sheet issues early. How do you choose whether to raise debt or equity? What are the key considerations and the advantages of each? What is the cost of capital? What are the `hidden' balance sheet risks? We will also examine several crucial ideas you can incorporate into your analyses to enhance performance and reduce risk. If you want to enhance your corporate finance skills, this session is for you.
Program Content and Topics Discussed:
•Understanding and analyzing your balance sheet today and in the future.
•Deliberately plan the structure of your balance sheet!
•Intentionally managing your balance sheet to reduce risk.
•Understand your cost of capital.
•Interpret your cost of capital.
•Properly balance debt and equity versus other funding sources.
•Know the balance sheet pitfalls and risks to avoid.