RISK MANAGEMENT AND FINANCIAL PLANNING
LONDON, UK
7 - 14 DECEMBER 2008
5 – 11 JULY 2009

PROGRAMME

“Risk Management is one of the most important aspects of business today”

This applies to private and state sectors of the economy, as well as financial services. Nonetheless, many companies and state organisations find many difficulties in developing and implementing risk management structures and processes.

AIM

''Investors all over the world, including in Russia, are interested in an increase in the degree of transparency of business and its conformity to the international normative-legislative requirements ", noted Tonny Dekker, Partner and Head of Business Risk Services at Ernst & Young - CIS. Especially as "the world economy is becoming more and more complicated, and its new realities create new risks, which companies must face in their business operations The ability to effectively operate in these circumstances raises costs and it is for this reason that companies place increasing emphasis on the importance of paying attention to questions of corporate risk management"

MAIN TOPICS

• Managing perception of risks. Perception of risks in CIS companies by foreign companies and investors
• Risk management – experience of Western companies
• Specific risks applicable to Russian and CIS companies – management of those specific risks
• Various classifications of risks and frameworks of their application
• Problems in sourcing financing of Russian businesses: resolution paths
• Financial and investment planning - demand for risk management strategy
• Types of financing
• Evolution of risk management
• Standards of risk management IRM, AIRMIC, ALARM and others
• Tax planning - Differentiation of lawful and illegal evasion of tax payments
• Effective methods of foreign financing
• Interrelation between internal audit, risk management, strategic and business planning
• London markets and trade in internal and international securities
• Alternative Investment Market- AIM - risks of securities markets and investment risks
• Mergers and divisions: structure and negotiation processes
• Operational risk and financial planning. Mergers and divisions. The role of the broker.
• Minimization of credit risk tools
• Financial coefficients in definition of risks
• Auditor and currency risks
• Political risks. Legal risks. The macroeconomic policy, country and trans-boundary and trans-national risks
• Management of country risk: parameters, toolkit
• Project financing: structure, particulars and conditions of use
• Risk management, financing and the international audit
• Insurance risks
• Financial planning: western capital markets

PARTICIPANTS:

One of the key features of programmes organised by LVA Europe Ltd, is the opportunity for participants, during their visit, to have individual consultations and practical recommendations in such areas as:

 Financing of investment projects - with participation of international financial organizations, such, as the European Bank of Reconstruction and Development (EBRD), the International Financial Corporation (IFC), Agencies of Export Crediting, etc.
 Preparation of feasibility reports and business-plans for the companies so that they corresponded with the requirements of potential creditors;
 Identifying potential western investors and strategic partners;
 Practical aspects of planning and transition of companies and commercial banks to IFRS and GAAP accounting standards

Participants will gain further advantages from the programme having analysed the practices currently existing within their organisation, the processes and tools available to them in the management of risks, prior to attending this seminar.