b'LOAN NEGOTIATION AND EVALUATION FINANCIAL RISK MANAGEMENTThe impact of various nancial crises and the tightening of credit Apply nancial evaluation techniques to appraise various Increasingly, organisations across the world are entering intoCOURSE OBJECTIVES:On completion, you will be able to: markets has reduced the borrowing options available to governments. sources of nance and assess the nancial impact of debt partnerships and commercial arrangements with other entities such Undertake analysis of an organisations accounts In addition, the cost of the credit that is available has gone up restructuringas clients, strategic partners or suppliers. It is critically important that Identify information that will inform on the nancial strength of ansubstantially, leading to a heightened need for governments to Understand the process of reviewing the debt portfolio and the nancial strength of this partner is understood in order to organisation conduct a critical evaluation of different borrowing options and to assessing the impact on the portfolio of contracting new accurately assess and manage the risk to your organisation.Understand the risks presented by projects or services and how tonegotiate the most favourable terms. borrowing mitigate themAppreciate the process of issuing government securitiesPartner failure is often a major hazard identied in project risk analysis Summarise the nancial assessment and present it in context This course will build the analytical skills of participants and provideand can result in nancial strain and even late payment for projects, them with the necessary tools to evaluate different nancing options,KEY TOPICSas in the case of the widely reported collapse of Carillion, a large UKKEY TOPICS as well as empowering them to select and negotiate the most The borrowing cycleoutsourcing company. Financial analysis is therefore a key skill in appropriate terms. It will guide delegates to acquire a complete What and when to negotiate The objectives of nancial analysis understanding of nancial markets and different creditors, and theassessing and understanding how some risks can be mitigated.Sources of information for analysis need to achieve the appropriate balance between borrowing cost and Legal and institutional frameworks for government borrowing Analysing accountscalculating and understanding the keyassociated risk. Available nancing options This course will equip you with the skills to undertake an analysis of nancial metricsStructure of loan agreementsother organisations to inform decisions as to whether to enter a Using and understanding the limitations of other sources ofInterpretation of loan agreementspartnership arrangement. It will also explore how to understand the COURSE OBJECTIVES:On completion, you will be able to: Techniques for nancial evaluation information, including company statements, credit agencies anddeveloping nancial health of the organisations you are already mediaUnderstand the relevance of debt management in the widerAssessing the impact of new borrowingpartnering by analysing the ratios derived from published accounts Securing further information from the target organisationmacroeconomic and public nancial management context,The impact of portfolio indicatorsand examining trends and relationships between different sets of Risk mitigation actions and strategiesincluding coordination with scal and monetary policy Principles and processes of negotiation gures published in core statements and external sources ofUnderstand the building blocks of loan evaluation, includingNegotiation skills, techniques and strategies information. DURATIONFEE DATE VENUE the loan cycle and the relevance of legislation Practical simulation of a loan negotiation Interpret loan and bond agreements, including evaluation of the Highly practical and interactive, this programme will focus on action10 days4,45005 June - 16 June 2023 Londonnancial terms of different loan and bond options and, along with DURATION FEEDATEplanning and case study analysis as a method to put your learnings 13 - 24 November 2023London an analysis of the legal terms, make recommendations on the 10 days4,450Dates on Demand into action back in the workplace.most suitable option from a cost and risk perspectiveUnderstand the practical processes involved in loan negotiationsEvaluate different sources of nance and determine their appropriateness for funding various types of project INTERNATIONAL TAX AND CASE STUDYTRANSFER PRICING UNDERSTANDING BOND AND INFRASTRUCTURE FINANCE WITH THE KENYA ROADS BOARDThis course explores international corporate taxation and will equipKEY TOPICS you to understand the complexities of international tax and adopt best Principles of direct taxation and their implications in designing In March 2022, Kenya Roads Board (KRB) engaged Crown Agents to practice approaches to transfer pricing.a cross-border tax frameworkdeliver a highly contextualised training course in Dubai for tenInteraction of domestic tax laws and international tax treatiesmembers of the Board of Directors. The aim of this hands-on training The impact of cross-border transactions on revenue collection, and Features of model treaties (OECD and UN)programme was to strengthen the capacity of the Board in nancing the design of effective tax systems, should be of key importance to Taxation of foreign income and gainsinfrastructure development, in particular through bond nance, within tax policy makers and administrators. Structures and prices are not Withholding taxes and double taxation reliefits sectoral remit, and to use this knowledge to enhance the always set fairly, resulting in signicant implications for the collection Denition and occurrence of transfer pricinginvestment decision making process. of taxes. At the same time, tax systems and administration can deter Adjustment of transfer prices and taxable prots the inbound investment that can be critical for economic growth. Advanced Pricing Agreements (APAs)On this interactive one-week programme, the KRB participantsNegotiations through tax treaty competent authorityexamined a range of current and emerging issues in infrastructure Week one of this comprehensive course focuses on the relationship of Domestic tax avoidance and thin capitalisation rules nance and bond nance to better understand the components and corporate taxation to investment, with particular attention to the rolemechanics of the investment cycle.of international tax treaties. In week two, delegates will examine theDURATION FEEDATE mechanisms for collecting tax, with particular attention to the effectUsing highly practical training methods including group discussions, of transfer pricing rules that address pricing distortions in transactions10 days4,450Dates on Demandwithin multinationals.learning exercises, role-playing and case studies, participants also considered different bond types and their suitability, looking at the Many organisations continue to faceavailable borrowing instruments such as Green and ESG Bonds. COURSE OBJECTIVES:On completion, you will be able to:Identify the key direct tax principles that underpin an effective notable challenges when seeking toWith content tailored to the context of the KRB, delegates were able toframework for cross-border taxationoptimally allocate nite resources anddevelop a better understanding of some of the emerging issuesUnderstand the OECD and UN Model Tax Conventions and develop affecting organisations, such as climate-related nance following thethe knowledge to approach tax treaty issues with condencemaximise economic and social returns onCOP26 Paris Agreement. Working with our expert trainers, they wereExplain how transfer pricing is legislated in local tax law and also equipped with the skills to understand how infrastructure projectsstrategiescapital investments. may be effectively nanced under a Public-Private Partnership (PPP)Appreciate where mispricing and potential tax revenue leakage and what the potential nancial, operational and risks, costs andmay occurTo facilitate this, modern investment programmes need to takebenets of these could be.Understand the tools and techniques undertaken by a tax account of environmental, social, and governance (ESG) risks andadministration to identify and mitigate against transfer pricing opportunities, and more broadly contribute towards the SustainableBy adhering to strict COVID-safe protocols, Crown Agents was able toproblemsDevelopment Goals (SDGs).deliver this face-to-face course safely and effectively.62e: trainingbookings@crownagents.co.uklt: +44 (0)20 3940 4300'