Complete Syllabus

Complete Syllabus

Activity Affordable growth % Capital turnover
  • define activity
  • provide a standard measure for activity management
  • provide business objectives for managing activity
  • define Affordable growth %
  • develop the affordable growth model
  • relate affordable growth to market and sales growth
  • demonstrate the consequence of exceeding the affordable growth rate
  • define capital turnover
  • provide a standard measure for capital management
  • provide business objectives for managing capital.
Current assets Cost of sales Current liabilities
  • define current assets
  • provide a standard measures for current asset management
  • interpret “improvements” in current asset management.
  • differentiate between variable and fixed cost of sales
  • demonstrate the effect of variable and fixed costs of sales on the profit and loss account
  • demonstrate the accruals principle and the effect of variable cost of sales on working capital in the balance sheet.
  • define current liabilities
  • provide a standard measures for current liabilities management
  • interpret “improvements” in current liabilities management.
EcProfitability% EcROCE%
(Economic return on capital employed)
 EVC (Economic Value Created)
  • define EcProfitability %
  • differentiate between EcProfitability% and profitability%
  • provide parameters for managing EcProfitability%.
  • measure economic operating returns
  • interpret economic operating returns
  • determine minimum economic operating returns
  • measure EVC and EVC%
  • interpret EVC
  • relate EVC to standard accounting formats
  • determine the minimum level of EVC
Fixed assets Free cash flow Gross profit
  • define fixed assets
  • provide a standard measure for fixed asset management
  • provide business objectives for managing fixed asset investments
  • indicate the purpose served by depreciation
  • provide rules for the treatment of goodwill, R&D, new product development and market share advertising.
  • To define free cash flow
  • To apply the ValueDriver free cash flowchart
  • Differentiate between net cash flow and free cash flow
  • Provide criteria for managing free cash flow
  • differentiate between contribution and gross profit
  • define conditions under which they are the same.
Incremental capital Interest and tax effect Net assets
  • define Incremental capital
  • provide criteria for managing and forecasting I.
  • relate I to sustainable growth
  • define ROE and leverage.
  • determine the effect of leverage on ROE.
  • determine the limits and riskiness of leverage.
  • determine the effect of interest on ROE.
  • determine the effect of tax on ROE.
  • define net assets
  • provide a standard measure for net asset management
  • provide a business objective for managing net asset investment
Net cash flow NOPAT Overheads
  • define net cash flow
  • develop the ValueDriver cash flowchart
  • provide a quick method for calculating net cash flow
  • provide criteria for managing net cash flow
  • define NOPAT
  • differentiate NOPAT from NPAT
  • provide rules for reversing inappropriate accounting entries
  • differentiate between cost of sales and overhead expenses
  • define which expenses are not overheads
  • define the difference between expenses and costs
  • define and record depreciation
Overheads and tax PBIT Profitability %
  • differentiate between cost of sales and overhead expenses
  • define which expenses are to be deducted to derive NOPAT
  • define the difference between overheads in the operating flowchart and overheads and tax in the strategic flowchart.
  • describe the effect of interest and tax rates on net operating profit after tax and net profit after tax.
  • measure operating profits
  • interpret operating profits
  • determine breakeven operating profits
  • measure profitability
  • interpret profitability
  • define profitability drivers
Retention ROE% and leverage RONA%
  • define the retention ratio
  • determine the effect of dividend policy on sustainable growth
  • provide parameters for determining optimum dividend policy
  • define ROE and leverage
  • determine the effect of leverage on ROE
  • determine the limits and the riskiness of leverage.
  • measure operating performance
  • interpret operating performance
  • determine minimum required performance.
Sales Strategic leverage Sustainable growth %
  • define sales revenue
  • differentiate between price increases and growth in unit volumes
  • forecast sales revenues
  • demonstrate the effect of the accruals principle on capital.
  • define strategic leverage
  • determine the effect of strategic leverage on affordable growth
  • determine the limits to strategic leverage.
  • define sustainable growth
  • develop the ValueDriver sustainable growth model
  • relate sustainable growth to market and sales growth
  • demonstrate the consequence of exceeding the sustainable growth rate
Tax adjustment Total capital Working capital
  • define tax adjustment
  • differentiate between the tax effect on PBIT to derive NPAT and the tax adjustment on PBIT to derive NOPAT.
  • define total capital
  • provide a standard measure for total capital management
  • provide a business objective for managing total capital
  • define working capital
  • provide standard measures for working capital management
  • interpret improvements in working capital management.

Complete Syllabus

The Creating Value on-line learning program is an award-winning business education program which has recently been substantially re-designed to suit the eLearning environment, especially during this current global COVID-19 pandemic.

MBA architect Allan Price B. Arch., ARIBA UK Ret., MBA, and appraised E-learning specialist and developer, David Barras-Baker have once again collaborated to redesign their brilliant award winning 32-module learning program called “Creating Value”!

The E-learning differentiator of this re-designed product is the careful and insightful simplification of traditionally complex concepts. “Creating Value” comprehensively covers all the important financial ratios impacting business performance, covering approximately 90% of the MBA financial curriculum. The “Creating Value” product offers learners the ability to easily comprehend and apply these powerful concepts effectively to their business, thereby gaining a significant advantage on competitors.

Most of the unique and powerful concepts explained and presented in this award winning business education program, are the brainchild of Allan Price MBA.

Allan Price’s book “Turning Vision into Value” motivated invitations as a guest lecturer on numerous MBA and executive business programs; including programs at the Wits Business School in Johannesburg, the UCT Business School in Cape Town, Henley’s distance learning Graduate Management Institute of Technology, and the Scientific Institute of St. Petersburg in Russia.

In 2005 Allan Price led the finance course on the Accelerated Development Program at the London Business School. Allan Price’s teaching, focuses on the measurement and creation of value in corporations. His matrix of performance measures focuses managers on the levers that create wealth and includes integrated flowchart views of:

  • Business Operations
  • Business Strategy
  • Net Cash Flow
  • Free Cash Flow

teaching the learner how to measure:

  • Return on Net Assets
  • Return on Equity
  • Sustainable and Affordable Growth Rates
  • “The Creation of Value”

The original version of the course-ware was distributed on CD-ROM, and enjoyed particular success in Europe. “Financial Skills” won gold from the International Institute of Bankers for the CD program “Financial Skills” in the category of “Best Financial Software Design” and first in place for “Best Computer Based Training Program”.

Customised corporate versions were subsequently developed for companies including Rolls-Royce, Phillips (Holland), and the Royal Mail group; winning an award presented by His Royal Highness, Prince Phillip, Duke of Edinburgh was for a “Product most likely to succeed” and it did!

The maintenance of long-distance momentum during this era was challenging which resulted in the project being temporarily shelved and considered by some as “ahead of its time”.

Learning technology evolution and exponential improvements signaled the time to re-develop this award-winning courseware – ensuring availability for global markets in 2021 and beyond.

Allan Price and David Barras-Bakers’ collaboration has once again resulted in the refinement and technologically updated new release of “Creating Value” which is now live and available at creatingvalue.fixmyskills.com

Markets benefiting markedly from this product include all current CEO’s and CFO’s, Sole Proprietors and MBA, Accounting and Commerce students – all of whom stand to derive significant benefit from “Creating Value”.

The good news is that we are happy to offer a discount of 50% to any “bona fide” students.

  • Please complete this form providing your details and proof of enrollment at a recognised learning institution.
  • If your application is successful, we will email you a coupon code that you can apply to the shopping cart to discount your order by 50%.