Professional training course · AF-033
Cash Forecasting & Financing, Investment, Business Valuation, and Risk
Effective financial management requires organisations to balance short-term liquidity needs with long-term investment objectives, appropriate financing structures…
- 5 daysClassroom or online
- 13Upcoming dates
- 8Cities
- £1,750Fees from
Course overview
Why Attend
Effective financial management requires organisations to balance short-term liquidity needs with long-term investment objectives, appropriate financing structures, business valuation considerations, and financial risk exposure. In an increasingly uncertain economic environment, finance professionals must make informed decisions that protect cash flow, optimise capital allocation, and support sustainable business growth.
Cash forecasting is central to maintaining financial stability. Even profitable organisations can experience liquidity difficulties when cash inflows and outflows are poorly coordinated, working capital requirements are underestimated, or financing arrangements fail to reflect operational needs. Reliable cash forecasting enables management to anticipate funding gaps, evaluate liquidity requirements, and respond proactively to financial pressures.
At the same time, investment and financing decisions have significant implications for organisational profitability, capital structure, shareholder value, and financial resilience. Finance professionals must understand how to assess investment opportunities, evaluate funding alternatives, determine the cost of capital, and estimate the economic value of businesses and projects.
Financial risk management further strengthens these decisions by identifying exposures to interest rates, foreign exchange movements, credit defaults, liquidity shortages, and changing market conditions.
The Cash Forecasting & Financing, Investment, Business Valuation, and Risk course provides an integrated approach to corporate financial decision-making. Participants develop practical capabilities in cash flow modelling, financing analysis, capital budgeting, business valuation, and financial risk assessment.
Through financial modelling workshops, investment appraisal exercises, valuation case studies, and risk simulations, participants learn to develop robust financial analyses and communicate recommendations that support strategic and operational decisions.
Professional Problems This Course Is Designed to Solve
Unreliable cash flow forecasts: Developing structured short-term and long-term cash forecasts based on operating activities, working capital movements, capital expenditure, and financing commitments.
Unexpected liquidity shortages: Identifying potential funding gaps, establishing liquidity buffers, and evaluating practical cash management responses.
Inefficient financing decisions: Comparing debt, equity, leasing, and alternative funding arrangements according to cost, flexibility, risk, and financial objectives.
Weak investment appraisal: Applying discounted cash flow techniques and investment evaluation criteria to assess project feasibility and capital allocation decisions.
Uncertain business valuation: Using appropriate valuation methods and financial assumptions to estimate enterprise value and equity value.
Exposure to financial market risks: Assessing interest rate, foreign exchange, credit, and liquidity risks and identifying suitable mitigation approaches.
Poor integration of financial decisions: Connecting cash forecasts, financing requirements, investment plans, valuation assumptions, and risk assessments into a coherent financial strategy.
Course Methodology
The programme combines instructor-led discussions, practical financial modelling workshops, corporate finance case studies, investment appraisal exercises, business valuation simulations, and financial risk analysis.
Participants work with realistic financial statements, cash flow projections, financing proposals, investment opportunities, and business valuation scenarios to develop analytical models and management recommendations.
Excel-based exercises demonstrate cash flow forecasting, working capital analysis, debt repayment schedules, discounted cash flow calculations, sensitivity testing, and valuation methodologies.
The programme emphasises practical financial judgement, the interpretation of modelling assumptions, scenario analysis, and the communication of financial decisions to management and investment stakeholders.
Course Objectives
By the end of this course, participants will be able to:
Explain the relationships between liquidity management, financing, investment, valuation, and financial risk
Develop reliable short-term and long-term cash flow forecasts
Analyse working capital requirements and cash conversion cycles
Identify liquidity gaps and evaluate appropriate funding responses
Compare corporate financing instruments and capital structure alternatives
Calculate the cost of capital and evaluate financing implications
Apply investment appraisal techniques to capital expenditure decisions
Develop discounted cash flow models for investment and business valuation
Apply income-based, market-based, and asset-based valuation approaches
Identify and assess key corporate financial risks
Perform scenario and sensitivity analysis on financial decisions
Prepare integrated financial recommendations covering liquidity, investment, financing, valuation, and risk
Target Audience
This course is suitable for:
Finance directors and chief financial officers
Treasury managers and treasury analysts
Corporate finance managers and specialists
Financial planning and analysis professionals
Investment analysts and investment managers
Financial controllers and management accountants
Business valuation and transaction advisory professionals
Financial risk managers and analysts
Corporate strategy and business development professionals
Banking and financial services professionals involved in corporate financing
Target Competencies
Participants will develop competencies in:
Cash flow forecasting and liquidity planning
Working capital and cash conversion analysis
Corporate financing evaluation
Capital structure and cost of capital analysis
Investment appraisal and capital budgeting
Discounted cash flow financial modelling
Enterprise and equity valuation
Financial risk identification and assessment
Scenario and sensitivity analysis
Integrated corporate financial decision-making
Course outline
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1Day 1: Cash Flow Forecasting, Liquidity Planning and Working Capital Management
Understanding the importance of cash flow forecasting in financial planning, treasury management, business continuity, and corporate decision-making
Distinguishing operating, investing, and financing cash flows and analysing their implications for organisational liquidity
Developing short-term direct cash forecasts using customer collections, supplier payments, payroll, taxes, and other expected cash movements
Preparing medium-term and long-term cash flow projections using financial statements, operational assumptions, and working capital forecasts
Analysing receivables, payables, inventory, cash conversion cycles, and liquidity performance indicators to identify cash improvement opportunities
Practical workshop: Building an integrated cash flow forecast with liquidity scenarios, funding gap analysis, and working capital improvement recommendations
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2Day 2: Corporate Financing, Capital Structure and Cost of Capital
Evaluating corporate financing requirements arising from operational activities, working capital needs, business expansion, and capital investment
Comparing short-term and long-term financing alternatives, including bank facilities, term loans, revolving credit, leasing, bonds, and equity financing
Assessing financing terms, repayment structures, collateral requirements, financial covenants, and borrowing capacity
Understanding capital structure decisions and the implications of financial leverage for profitability, liquidity, risk, and shareholder returns
Calculating the cost of debt, cost of equity, and weighted average cost of capital (WACC) for financial and investment decisions
Financing case study: Evaluating alternative funding structures and developing a financing recommendation based on cost, cash flow affordability, and financial risk
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3Day 3: Investment Appraisal, Capital Budgeting and Financial Decision-Making
Understanding capital budgeting principles and the relationship between investment decisions, corporate strategy, and long-term value creation
Identifying relevant project cash flows, initial investment requirements, operating benefits, tax effects, working capital movements, and terminal values
Applying investment appraisal techniques, including net present value (NPV), internal rate of return (IRR), payback period, and profitability index
Evaluating the impact of discount rates, inflation, financing assumptions, and project timing on investment feasibility
Applying scenario analysis, sensitivity testing, and break-even analysis to assess investment uncertainty and project risk
Excel workshop: Developing a capital investment appraisal model and comparing competing investment opportunities using financial and strategic criteria
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4Day 4: Business Valuation, Enterprise Value and Financial Modelling
Understanding the purpose of business valuation in mergers and acquisitions, investment decisions, corporate restructuring, financing, and strategic planning
Distinguishing enterprise value from equity value and analysing the treatment of debt, cash, and other valuation adjustments
Developing discounted cash flow valuation models using free cash flow forecasts, discount rates, terminal value assumptions, and projected financial performance
Applying market-based valuation techniques using comparable company multiples, transaction multiples, and relevant financial benchmarks
Exploring asset-based valuation approaches and assessing their relevance to different industries, business models, and financial circumstances
Practical valuation workshop: Preparing a business valuation model and evaluating the impact of growth assumptions, profitability, WACC, and terminal value on estimated business value
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5Day 5: Financial Risk Management and Integrated Corporate Financial Strategy
Identifying major corporate financial risks, including liquidity risk, credit risk, interest rate risk, foreign exchange risk, market risk, and refinancing risk
Assessing financial risk exposures through cash flow analysis, financial ratios, risk indicators, stress testing, and scenario modelling
Evaluating financial risk mitigation techniques, including liquidity reserves, financing diversification, credit controls, natural hedging, and appropriate financial hedging instruments
Integrating cash forecasting, financing decisions, investment appraisal, and business valuation into a coordinated corporate financial management framework
Developing financial risk reporting, management controls, decision-making responsibilities, and monitoring procedures to strengthen organisational financial resilience
Capstone exercise: Developing and presenting an Integrated Corporate Financial Strategy incorporating cash flow forecasts, working capital analysis, financing alternatives, investment appraisal, business valuation, financial risk assessment, and executive recommendations
Schedule
Dates and fees
13 upcoming dates in 8 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,220.
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Join the class in real time from your office or home: live sessions with the trainer, group discussion, course materials and a certificate of completion. Joining details are emailed before the course starts.
Questions
Frequently asked questions
How long is the Cash Forecasting & Financing, Investment, Business Valuation, and Risk course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Cash Forecasting & Financing, Investment, Business Valuation, and Risk course?
The next public date is 14 - 18 Dec 2026 in London. There are 13 upcoming dates in total.
Where is this course held?
Upcoming sessions run in London, Istanbul, Cape Town, Barcelona, Rome, Munich, Amsterdam, Vienna.
Can I take Cash Forecasting & Financing, Investment, Business Valuation, and Risk online?
Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,220 per participant. Choose "Live online" in the dates table when you register.
How much does the course cost?
Fees start from £1,750 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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