Course dates
A comprehensive 4-day course for banking experts that will help you to:
- Understand the principles of IAS/IFRS accounting
- Apply the different rules and regulations to the financial statements of banks
- Analyse the P/L and balance sheet
- Understand the important accounting and valuation principles
- Forecast trends and developments
- Apply ratio analysis to identify risks and chances
- Extract the key data for bank valuation
Who should attend:
- Managers in the accounting, controlling and finance departments
- Professionals in accounting firms
- Analysts in banks, investment funds or private equity houses
- M&A and advisory specialists active in the banking industry
- Portfolio Managers and Investment Analysts
- Banking and Strategy Consultants
- Lawyers and accountants
Course features
The course applies to professionals and managers who are involved in the accounting, controlling or analysis of financial statements of banks.
They are introduced to the latest developments in accounting and representing financial statements in accordance with
the IAS/IFRS principles. The key issues of valuing securities, loans, derivatives and hedges arediscussed in examples.
The methodologies of book accounting and fair value principle are explained. The key value drivers for banks are highlighted and transformed in valuation methodologies for financial institutions. The training will use teaching methods based around lectures, case studies, practical exercises and class room discussions.
The course will use real life case studies and examples to develop delegates’ understanding of all aspects of wholesale-, retail- and asset management banking valuation. Participants will learn to apply various methodologies of valuing banks, understand their different results and their successful application to real life situations.
Course Background
The global financial crisis, the collapse of major financial institutions and an unprecedented volatility in the credit and financial markets have highlighted the importance of bank balance sheet analysis. This course provides allparties interested in analysing and understanding the financial statements of banks, a comprehensive overview of the most important trends and developments in bank reporting.
The programme starts with an introduction to the key principles of IAS/IFRS accounting principles and policies; the major disclosure requirements and most recent developments will be discussed. The difference between book valuation, accrual accounting and the fair value methodology will be described. In the second part, an in depth understanding of the asset side of the balance sheet will be developed. Particular emphasis will be laid on the treatment of financial instruments, securities, loans and hedge accounting. Delegates will learn how to apply and forecast the credit cycle and the related provisions for credit losses.
The discussion of the liability side will focus the accounting principles regarding long-term liabilities, derivatives and the different equity positions. The difference between nominal shareholder funds,
regulatory and economic equity will be explained and key items as “Revaluation reserves” are interpreted.
On the third day, the major elements of the P&L statement are introduced with an particular emphasise on interest income, understanding gap analysis and mismatches, forecasting fee income and appropriate provision levels. The different expense categories will be described. Finally, the cash flow statement will be developed out
of the operating, non- operating income and the changes in assets and liabilities.
On the last day, delegates will translate their accounting knowledge into financial ratio analysis in order to assess the strength and weaknesses of a financial institution. They will apply heir knowledge to the principal valuation techniques for banks.
Johannesburg Hotel, Johannesburg, South Africa
This programme takes place on a non-residential basis at a central Johannesburg hotel. Non-residential course fees include training facilities, documentation, lunches and refreshments for the duration of the programme. Delegates are responsible for arranging their own accommodation, however, a list of convenient hotels (many at specially negotiated rates) is available upon registration.
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Ralf H. Fiedler
Former member of the Executive Board, ING Europe, BHF - Bank and Bayerische Vereinsbank in New York
Ralf H. Fiedler is an executive with over 25 years experience in banking and consultancy; he is a former member of the executive boards of ING Europe, BHF- BANK and Bayerische Vereinsbank in New York. Ralf was responsible for managing large banking networks, corporate finance and investment banking activities geared towards small and medium sized companies.
In addition, he was frequently involved in restructuring projects to increase the efficiency and profitability of bank organisations, credit processes and risk management functions. Based on his assignments, he has substantial experience in developed and emerging markets.
Prior to joining the banking industry, Ralf worked for almost 10 years for BASF, the world largest chemical company. In this capacity, he was involved in the external funding programme of the company, strategic planning and the analysis and execution of numerous acquisition projects all over the world.
Today, Ralf is specialising in working with leading banks and financial institutions to design their strategies, to enhance profitability by seeking growth opportunities and product innovation, to address risk adjusted pricing and to streamline credit policies and procedures. In addition, he teaches Bachelor and Master courses in Banking and Finance at different universities.
Courses run by this instructor
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Course dates