Financial Planning　-　Basic Knowledge and Methods Required for PPP Financial Planning

Participants will learn basic knowledge of accounting and finance, outline structures and financing, construct a cash flow model and evaluate it, etc. to acquire the basic ability to formulate financial plans for PPP projects. In addition, through studying the accounting and finance of national and local governments such as local finance and local public accounting, students will deepen their understanding of the financial considerations and evaluation of PPP / PFI and concessions. It also introduces relatively new fields such as intangible assets, EVA, and real options.

To acquire basic knowledge and ideas that enable basic planning of financial planning in PPP projects. Acquire a perspective when considering financing a PPP project based on the differences between corporate accounting and public accounting.

1 Orientation What is the overall lecture plan and project finance? (Features, examples)
2 Basic of accounting Balance sheet, profit and loss statement, cash flow statement
3 Basic of finance Capital and borrowing, present value, cost of capital
4 Profile history and examples Overseas and domestic history, business scheme examples
5 Structure construction Player and each purpose, contract relationship
6 Formulation of financing plan Construction of business scheme, optimal capital structure, control of cash flow
7 Cash flow model construction Cash flow model construction and management
8 Evaluation of cash flow model Evaluation index from each player's perspective
9 Local finance and public accounting system Budget and settlement system, local financial plan and local bond plan, local fiscal consolidation law
10 New Public Accounting System and Practical Issues Differences from Conventional Government Accounting, How to Use Financial Statements
11 Accounting system and financial situation of local public enterprise Public enterprise reform, public enterprise situation, issues of sewerage business
12 PFI financial model construction Service purchase type, concession
13 VFM and its evaluation and issues VFM source and risk evaluation
14 Financial Development Real Options
15 Supplement and summary Intangible assets, EVA, ROE

In addition to the explanation of the basic knowledge, the cash flow model etc. will be touched on the actual EXCEL sheet, and the basic structure etc. will be understood so that it can be applied to practical work.

Pre-learning
Lecture materials will be posted in advance. In addition, we will provide reference materials, etc., so please search for questions and issues obtained from each practice and activity regarding the contents of the following week. We would like to discuss the questions and the issues that the participants have, and proceed with the discussion.
Post-learning
Think about the effects and effects of each practice or activity that can be obtained from the lecture results. The time is assumed to be about 30 to 60 minutes each. Adult graduate students are encouraged to make use of their actual work and time spent doing their work.

Attendance status including remote attendance and video learning 50 points, reports (assignments will be given during the lecture, about A4 sheets) 30 points, degree of contribution to the lecture (participation in questions and discussions) 20 points.

Nothing

Provide reference materials as needed.

Introduction to Management Accounting from the Beginning Hideaki Mihara et al. Chuokeizai Sha 2014
An introduction to finance for those who want to learn the basics in earnest Nobuyuki Teshima Diamond Company 2011
New Corporate Valuation Kunio Ito Nihon Keizai Shimbun 2014
Local finance learned from basics Chio Konishi Gakuyo Shobo 2009
Real Option Junichi Imai Chuo Keizaisha 2004