Effective Investment Appraisal for Engineering Projects (HKIE CPD 0625/2019)

24 June 2019 (Mon)

Time
0930 –1700

Fee
HK$1,500

Venue
Pico Tower, Wanchai

Language
Cantonese supplemented with English materials

Most engineers have no formal training in conducting investment appraisal, however most engineers regard knowledge in conducting investment appraisal is important to advance in career progression. This seminar will guide participants through the process of identifying and selecting new projects, preparing forecast, and applying evaluation techniques, to ensure that only the best projects are approved for investment.

Content

  • Key concept and terminology when conducting investment appraisal
  • Calculating the Payback period, Net Present Value and Internal Rate of Return from the cashflow spreadsheet
  • Refining the investment decision by considering the impact of inflation, taxation and limitation of funds
  • Identify the Optimal Mix of Projects where finds are limited
  • Incorporating the Effect of Risk using Probability Analysis Applications
  • Measuring the impact of Forecasting Errors, using Sensitivity Analysis
  • Compensating for environmental uncertainty, using the Risk Premium, Finite Horizon, and certainty equivalent methods
  • Case Studies

Trainer

Mr. Kamsuo Wong
Ma LLM MBA FCPA (Aust.) CPA (HK) CPFA (UK)

Mr. Kamsuo Wong has over fifteen years of extensive professional experience in accounting.  He is a professional accountant in Hong Kong, United Kingdom and Australia and the member of Hong Kong Institute of Certified Public Accountants (CPA), Chartered Institute of Public Finance and Accountancy (CPFA), and CPA Australia (FCPA).  He is also the Expert Council Advisor of International Financial Management Association. Mr Wong had provided various trainings for multinational corporations such as Cathay Pacific Airways, Mitsubishi (Hong Kong), Hua Neng Power (Beijing), Shiseido (Beijing), Mobifone (Vietnam) and HKSAR Government including the Inland Revenue Department and Housing Authority in the areas of financial reporting, financial management and management accounting.  Mr Wong is also the speaker for the CPD seminars for CPA Australia in the areas of financial reporting and management accounting.