(Click Category to List Courses)
4 - AAU - Accounting and Financial Auditing
AAU 132 - Cost Benefit Analysis
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| AAU 132 | 21 October 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 25 November 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 30 December 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 24 February 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 24 February 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 21 April 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 21 April 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 16 June 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 16 June 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 11 August 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 11 August 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 06 October 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 06 October 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 01 December 2025 | 5 Days | Istanbul | Registration Form Link |
| AAU 132 | 01 December 2025 | 5 Days | Istanbul | Registration Form Link |
Please contact us for fees
Course Description
Whenever you need to make a business decision, invariably you have to weigh one choice against another. Sometimes, the choice is between Project A and Project B, and sometimes the choice is between Project A and doing nothing at all.
A cost-benefit analysis is the simplest way of comparing your options to determine whether to go ahead with a project. The idea is to weigh up project costs against benefits and identify the action that will give you the most bang for your buck.
Course Objectives
- What Is Cost-Benefit Analysis?
- What Is the Relevance of Cost-Benefit Analysis for Business?
- How Do You Perform a Cost-Benefit Analysis?
- What is the problem?
- What are the costs?
- What are the benefits?
- Compare the costs and benefits and make an informed decision.
- The Role of Assumptions in Cost-Benefit Analysis
Who Should Attend?
- Financial managers
- Project Managers
- Financial controllers
- Finance department heads, chief financial officers
- Accounting managers, senior finance officers, accountants
- Finance staff and analysts
Course Details/Schedule
Day 1
- Introduction to cost-benefit analysis.
- Aim of cost-benefit analysis.
- Importance to policymakers and link to Impact Assessment.
- Importance to regulated utilities and infrastructure investment.
- Ex ante and ex post cost-benefit analysis.
Day 2
- Defining the baseline.
- Identifying costs and benefits.
- Transfers and distributional impacts.
- Using market prices to value impacts.
- Taking account of inflation and relative price changes.
- Discounting
- How to discount future impacts
- What discount rate to use
Day 3
- How to deal with risk and uncertainty.
- The importance of thinking about risk and uncertainty.
- Scenario and sensitivity analysis.
- Monte Carlo analysis.
- Real options.
Day 4
- Challenges in quantifying costs and benefits.
- Methods of collecting data and analyzing impacts.
- Stakeholder engagement.
- Market research.
- Behavioral experiments.
- Statistical analysis.
- Case studies
Day 5
- Modelling.
- Assessing the additionality of impacts.
- Adjusting for optimism bias.
- Why non-market impacts are important.
- Techniques for valuing non-market impacts.
- Using existing valuations.
- Stated preference.
- Revealed preference.
