Analytical issues arising from IFRS

• Pensions
• Share-based payments
• Use of derivatives and hedging
• Deferred tax

Contemporary financing structures

• Types of debt instruments (senior, junior, mezzanine, PIK, 2nd lien, hybrid, etc.)
• Risks in securitisation arrangements
• Use of credit derivatives and other credit mitigation techniques
• Leveraged financing structures
• Priorities in payment - recent legal changes
• Typical legal clauses and financial covenants

Anatomy of corporate failure

• Strategy and business model analysis
• Corporate Governance and management issues
• Creative accounting
• Warning signs - operational and financial
• Predicting corporate failure