Whether you’re advising clients or managing company budgets, one wrong investment call can cost millions. This session gives you practical tools to evaluate opportunities like a pro—so you can back up every decision with numbers and strategy. If you’re tired of guessing which projects to greenlight or reject—this is your playbook.
Category: Management Accounting and Operator
Channel 2: Growth
Available from: 4 June 2025, 13:00
Format: Webinar
CPD Units: 3
By attending this webinar you will gain the following competencies:
The following event is awarded 3 CPD units in Management Accounting and Operator.
Michelle de Lange
Michelle de Lange a globally recognised Senior Lecturer in Management Accounting, Michelle shapes future professionals with award-winning dedication and excellence.
Please note reading Accounting Weekly articles count towards non-verifiable CPD.
For support queries please log a ticket on your membership profile.
EXCELLENT! Calculating WACC for private/unlisted companies is possible, the obvious difficulty being the cost of equity and one way is utilising dividend yield – if dividends are paid – the other is to measure “owner drawings” against owners’ interest – loan accounts (non-interest bearing with no fixed repayment terms) + retained income – or if, as is often the case, where hardly any equity exists, the business financing is covered by directors & owners providing surety, then the cash flows normally would effectively have considered this and there is no ROE and WACC will be the existing debt costs.
This is an area, the capital budgeting of private companies, that requires greater understanding, especially as the tendency globally is increased use of private equity funded by investors. The required returns by these PE investors impacts WACC and RARRR
You must log in and have started this course to submit a review.
+27 (0) 12 643 1800/2/4 ciba@myciba.org www.myciba.org
Gauteng: Spaces, Byls Bridge Office Park, Building 14 Block B, Cnr of Olievenhoutbosch Road and Jean Avenue, Centurion, 0157
Cape Town: Cape Town Spaces Office, Century City, No1 Bridgeway Road, Bridgeways Precinct, Cape Town, 7441
Namibia: Regus Office Windhoek, Maerua Mall 3rd Floor, Windhoek, Namibia, 10005
Paris: I13 Rue Paul Valéry, 75116 Paris, France (ICFOA)
Course presentation was great, CIBA materials does not contain the correct Course Presentation / Notes though.