Financial Management of Water Organizations

Course fee: €2250
Course location: UNESCO-IHE, Delft, The Netherlands
Start date: 27 April 2009
End date: 15 May 2009
Duration in weeks: 3 Weeks
Deadline application: 27 March 2009

Brief description
The aim of this course is to prepare participants for positions of leadership in water sector and utility management.

Learning objectives
Successful participants will be able to: understand the need for commercial accounting and the components of standard financial statements in irrigation, water and sanitation entities; assess the financial position of a water organization through an analysis of financial statements; have an contextual overview of financial issues in the water and sanitation sector worldwide; are able to undertake a tariff analysis for water and sanitation services.

Additional information
Finance for urban water supply, sewerage and irrigation: types of costs; cost and fixed asset accounting; financial statements -balance sheet and income and expenses statement; profitability and financial ratio analysis; demand assessment; affordability and willingness to pay; direct and contingent valuation; vendors; Economics: supply and demand curves; marginal costing, price and income elasticity; tariffs: average historical costs, long run marginal costing; metering, billing and collection; budgeting, zero and priority based budgeting; asset management plans; sources of finance for capital investment; bond markets; development banks; project finance; retained earnings.