語言

English

公司

AICPA

時間

N/A

地點

中環

課程費用

228

CPD 時數

1.5

 

This CPE course looks at the different sources of debt finance, and the criteria to consider when trying to manage the risk associated with an entity's debt finance. It concludes by introducing the important lease versus buy decision.

Topics Discussed:
• Criteria for selecting appropriate debt instruments (e.g. bank borrowings, bonds, convertible bonds, commercial paper)
• Target debt profile (e.g. interest, currency and maturity profile) to manage interest, currency and refinancing risk
• Use of cross-currency swaps and interest rate swaps to change the currency or interest rate profile of debt
• Tax considerations in the selection of debt instruments
• Procedures for issuing debt securities (private placement and capital market issues, role of advisers and underwriters)
• Debt covenants (e.g. interest cover, net debt/EBITDA, debt/debt+equity)
The lease or buy decision (for both operating and finance leases)

                                       

CPA Credit Hour : 1.5 hour                                                   

Member Fee: $ 306  | Non Member Fee: $ 385 | CGMA Holder: $ 228                                     

More info: https://bit.ly/2ImmgiN                                                                                        

* All prices are subject to change without prior notice due to currency fluctuation