ADVANCED CREDIT SEMINAR:
THE Z-SCORE MODEL COMPARED TO CONVENTIONAL RATING SYSTEMS
How to Predict Financial Distress and Bankruptcy
The next Southern Cone Consultants Seminar will be presented in Portuguese in Rio de Janeiro on Tuesday, December 2nd at the Intercontinental Hotel in São Conrado in the Sala Jakuí. Registration begins at 8:30 AM, and the seminar will commence at 9 AM. The number of participants is limited to only 25, thus it is advisable to register in advance. The address of the hotel is Av. Prefeito Mendes de Moraes 222, São Conrado. Tel: 21-3323-2264.
The entrance fee for the Seminar is R$1.500. To reserve your participation, please contact us by phone (21-2556-0269) or E-mail, by filling in the early registration form. We will then provide you complete instructions on how to register in advance.
Please note: this is a "hands-on", participatory, working seminar, to be presented in Portuguese. Please plan to bring note paper, pens, pencils, and a calculator.
Objective: The seminar participants will be able to immediately apply the analysis techniques presented in their professional work to sharpen their management of corporate credit portfolios and Accounts Receivable. The Seminar will enhance the participants confidence in their investment or credit decisions.
Who should attend? CFOs, Directors of Credit and / or Credit Managers, Investment Analysts, Asset Managers.
SEMINAR OUTLINE
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Morning Session - 9:00 to Noon (Coffee and Lunch Included)
Conventional Rating Systems |
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How to Create a Rating System
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Practical Application
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Pros and Cons
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Afternoon Session - 13:30 to 17:00
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The Z-Score Model - Basic Presentation and Detailed Description
How to Calculate and Interpret the Z-Score
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Application to Several Illustrative Cases:
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Can the Z-Score Really Predict Financial Stress in Advance?
Case Studies
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How you can use this model to improve the management of Accounts Receivable.
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How Banks can complement / enhance internal rating systems.
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Investment Analysts can double check their investment decisions.
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Why does it work?
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Comparison to Conventional Rating Systems: Advantages and Limitations
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NOTE: Each course participant will receive a copy of an article in Portugues: Avaliação do Model "Z-Score" by Joe Wythe, Seminar Presenter. Plus Case Studies.
The article Emerging Market Corporate Bonds -- A Scoring System. will also be distributed.
About Joe Wythe: Formerly Director of Credit Risk Management at Banco Brascan. Appointed to that position by 40% shareholder Mellon Bank. Mr Wythe studied international economics at Georgetown University School of Foreign Service and did one year of post-graduate work in economics, also at Georgetown. He developed a highly successful debt / equity conversion program at Security Pacific National Bank, and advised the bank's senior management during the Latin debt crisis of the 1980s. Full Resume available on this Site.
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