THE

CORPORATE
FINANCE
EDUCATION
PROGRAM
2008-09
Everything you need to know to advise,
counsel and direct corporate financing strategy.
YOU’VE GOT TO
BE ONE OF THE
BRIGHTEST
AND THE BEST,
AN ENTREPRE-
NEURIAL TYPE.
Profile: You’ve got the basic fundamentals down cold and a couple of years of
real-world experience in an investment bank, major accounting firm or private
equity organization. You know how to read a balance sheet.
Gain the high-level technical and practical
skills you need to take on the world of
corporate finance.

COMPLETE THE CF PROGRAM IN 18 MONTHS,

WHILE YOU WORK.
The Corporate Finance Education Program is intensive,
transactions-oriented and practical, delivering advanced
corporate finance skills that integrate with your working
experience.

THE ONLY PROGRAM DESIGNED

EXCLUSIVELY FOR CORPORATE FINANCE
PROFESSIONALS, BY CORPORATE FINANCE
PROFESSIONALS.
Rigorous and highly focused, the program combines
intensive independent study with in-residence group
sessions designed to bring complex concepts to life.
Through case studies you will examine real-world
transactions, and exchange ideas and experiences with
your peers.

ACCESS TO THE BEST MINDS IN THE “ I liked the fact that the facilitators in the
program were real CF practitioners who work in
BUSINESS
corporate finance every day. They brought their
Corporate finance practitioners with high-level own experiences into the discussions, adding
experience and superb platform skills work with the value to the sessions. They really brought the
study groups during the in-residence sessions, offering theory to life.
practical advice, proven approaches and a vast body of
The other participants in the Program also
knowledge.
added to the Program. They were from many
diverse backgrounds – from all across Canada
BENEFITS FOR THE ORGANIZATION and from different working roles – some were
CFOs, some were advisors – and everyone
• Increased performance and productivity shared their information and experiences to
• Higher standard of corporate finance competency make the Program relevant to all.”
• Accelerated development of future leaders and Benoit Leroux, M.SC, CFA, CF,
managers
Director - Corporate Development, Gildan
• Enhanced employee advancement and retention Activewear, Montréal
• Flexible schedule to accommodate work demands
BENEFITS FOR THE PARTICIPANT
• Increased earning potential
• Immediate, practical skills and in-depth technical
knowledge
• Networking opportunities with some of the industry’s
most respected insiders
• International credibility and mobility
• Flexible schedule to accommodate work demands
The Corporate Finance Education Program is A BENCHMARK FOR SUCCESS
designed for Chartered Accountants and With the CF letters next to your name, you can be
other business professionals with confident that you are among the best in the field, and
that the corporate finance industry all around the world
appropriate experience and financial literacy. will know it.
It will benefit professionals in industry,
investment banking and professional service
PRACTICAL EXPERIENCE: THE HEART OF THE
firms who advise and counsel clients on
CF QUALIFICATION
corporate finance strategy, or who are
To earn the CF qualification, you must successfully
responsible internally for corporate finance complete The Corporate Finance Education Program
and building value in their organization. and have at least 3 years of practical work experience in
corporate finance. This symbiosis of work and study
ensures that practical knowledge gained in the
WHO SHOULD ATTEND THE CORPORATE workplace enhances, and is enriched by, the learning
FINANCE EDUCATION PROGRAM? provided in the Program.
The Program will be of benefit to professionals in, or
aspiring to, the position of:
THE EXPERIENCE ROUTE
• Investment Banker For a limited time only, senior practitioners with a
• CFO / Treasurer minimum of 8 years of appropriate experience in
• Venture Capitalist corporate finance, and the exceptional portfolio to
• Commercial Banker prove it, may apply to be awarded the CF qualification.
• Corporate Finance Executive
• Corporate Development Executive For more information about the Experience Route, visit
www.cfqualification.ca or call the Corporate Finance
It will benefit professionals who advise clients on, or Registrar at 416-204-3227.
who are internally responsible for:
• M&A transactions
• Restructurings
• Divestitures
• Valuations
• Financing transactions
Participants entering the Program should have 1–3 years
of professional experience in investment banking,
industry, or professional service firms where they are
working on corporate finance transactions.

“ The CF Qualification was both demanding and

rigorous, with a transactional focus that teaches
real world solutions and applications for
Corporate Finance practitioners. As a Canadian
Chartered Accountant now working in the
United Kingdom, possessing an internationally
recognized and respected professional
designation is very beneficial, assuring both
clients and employers that I have the knowledge
and ability to succeed in a challenging industry. ”
Jesse Meidl, CA, CF,
Vice-President, Investment Banking, Thomas
Weisel Partners (UK) Limited, London, UK
THIS IS NOT A
PROFESSIONAL
DEVELOPMENT
COURSE.
IT’S A CAREER
DEVELOPMENT
COURSE.
The ‘CF’ letters are a recognition of expertise...the CF graduate is a member of
a unique club. CF qualification is short-hand for that specialized expertise.
THE CF PROGRAM IS
‘BOOT CAMP’ FOR
CORPORATE
FINANCE.
Internal training is very costly, especially
of time. There are employers of a certain
size that want better training for their
associates, corporate finance
organizations that want to enhance the
training of their people, but haven’t the
resources. The CF program provides a
supply of ready-trained specialists, ready
to go to work immediately.
In the Intermediate Stage of The Corporate Finance INTERMEDIATE CURRICULUM
Education Program, the emphasis is on providing
Foundations in Corporate Finance
transactions-oriented knowledge to develop and
enhance key analytical skills. On completion, you will • Corporate governance
• Ethical issues
be able to understand a broad range of client and • Corporate responsibility
organizational needs, both nationally and
Interpretation of Financial Statements
internationally, and assist in the practical completion
of corporate finance deals. You will benefit from a • Financial modelling
• Financial statement analysis
variety of media that delivers in-depth knowledge • Performance forecasting
and practical application of that knowledge to real-
Valuations
life situations.
• Identification of value drivers
You begin the Intermediate Stage with self-study material
• Application of valuation methodologies
organized around a comprehensive set of readings and practical
• Strategies for improving value
exercises that will help you prepare for the three comprehensive, Changes in Control
in-residence sessions between October and February. You should
plan to spend approximately 150 – 200 hours of study time to • Buyouts, takeovers & restructurings
complete this Stage. • Impacts of ownership change
• Value creation via changes in control
Debt & Equity
• Debt, equity & derivatives valuations
2008-09 In-Residence Schedule • Capital structure context
• Financing options
Session 1: October 16 - 18, 2008
Session 2: November 27 - 29, 2008
Session 3: February 5 - 7, 2009

THE INTERMEDIATE STAGE EXAMINATION

A four-hour exam based on a corporate finance case study will be held in March 2009. You must successfully
complete this exam before progressing to the Advanced Stage of The Corporate Finance Education Program.
IT’S TEN
YEARS OF
LEARNING
IN TWO
YEARS OF
TRAINING.
The CF program can augment and accelerate a young practitioners’ experience.
There’s no substitute for experience and the program is all about real-world
experience.
 The Advanced Stage of The Corporate Finance Education
Program provides practical knowledge of corporate
finance transactions in key areas recognized by the
industry and internationally. Here, you will develop the
highest levels of deal management skills. You will achieve
an understanding of how to integrate an organization’s
mission and its strategic and financial objectives into a
value-creating corporate finance strategy.

In the Advanced Stage, you will again participate in three ADVANCED CURRICULUM
comprehensive, in-residence sessions between November and
February and work through an estimated 200 – 250 hours of self- Advanced Changes in Control &
study material.
Restructurings
• Disposal of assets
• Potential sources of capital
2009-10 In-Residence Schedule • Options available in financial distress
• Restructuring process
Session 1: November 2009
Session 2: January 2010 Mergers & Acquisitions
Session 3: February 2010
• Target analysis
• M&A transaction advice
• Cross-border acquisitions
• Post M&A integration strategy
Advanced Debt & Equity Issues
• Investment & financing plans
• Financing structures
• Project finance, including Public Private
Partnerships

Strategic Financial Management

• Advising on ethics, governance, and the
strategic use of corporate finance
• Impact on stakeholders
• Corporate finance strategic plan

THE ADVANCED STAGE EXAMINATION

The final exam is a four-hour advanced corporate finance case study focusing on the strategic decision making and
deal structuring processes.
The exam simulates a real-life advanced corporate finance transaction. The case study will be sent to you in advance
of the exam date so you can perform comprehensive analyses and financial modeling. During the exam, you will
receive new information affecting the case study material and, ultimately, your response to the corporate finance
transaction.
THE PROGRAM
IS A WAY TO
DISTINGUISH
YOURSELF,
ADVANCE
YOUR CAREER,
ADD VALUE TO
YOUR RESUME.
The CF program is directed at those who want to succeed in this very
specialized field, who want depth in their financial education. The course
is a leg up, trading time for experience.
 All participants are required to live at The Kingbridge
Centre during the in-residence sessions. The all-inclusive
total rate per session is $770 single occupancy, and
includes accommodation, three meals per day, coffee
breaks, and all taxes and gratuities.
Accounts are payable directly to The Kingbridge Centre
on departure.
Tuition Investment and Cancellation Fees
Total tuition for The Corporate Finance Education
Program is as follows:
Intermediate Stage 2008-09 Tuition
$4,395.00 + $219.75 GST = $4,614.75
(includes examination)
Advanced Stage 2009-10 Tuition
$5,695 + $284.75 GST = $5,979.75
(includes examination)
Cancellation requests must be submitted in writing.
Refunds less a $300 (plus GST) administration fee will be
issued up to 30 days before the commencement of each
REGISTRATION INFORMATION AND Stage of the Program (as applicable) subject to CICA
receipt of all course materials in “like new” condition. No
CONDITIONS refunds will be issued less than 30 days prior to the
Confirmation of Application course start date.
Upon acceptance of your application, CICA will confirm Additional Information
your participation in the Intermediate Stage and reserve For inquiries and information relating to eligibility or
your place at the Fall 2008 and Winter 2009 in- applicability of the Program, please email
residence sessions (October 16-18, 2008, November 27- cfqualification@cica.ca or call 416-204-3227.
29, 2008 and February 5-7, 2009). You will also receive
complete details regarding in-residence fees, directions, Program Disclaimer
and facility information. All information in this brochure is correct at the time of
Course and Accommodation Location printing. If unforeseen circumstances occur, CICA
reserves the right to alter or delete items from the
The in-residence sessions for The Corporate Finance Program, or cancel the presentation. Developers,
Education Program will take place at The Kingbridge lecturers and workshop leaders have prepared materials
Centre. It is located 30 minutes from Pearson for the continuing education of participants. Although
International Airport, and 45 minutes north of they trust that it will be useful for this purpose, neither
downtown Toronto. they nor the CICA can warrant that the use of this
material would be adequate to discharge the legal or
The Kingbridge Centre
professional liability of participants in the conduct of
12750 Jane Street their practice or business operations.
King City, ON L7B 1A3
Tel: 905-833-3086
Fax: 905-833-3075
For more information, visit www.kingbridgecentre.com

The Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants in England and Wales have
developed this unique qualification that delivers the practical skills designed to accelerate professional development
across the corporate finance profession.
The Canadian Institute of Chartered Accountants (CICA)
The CICA, together with the provincial, territorial and Bermuda Institutes/Ordre of Chartered Accountants, represents a
membership of approximately 74,000 CAs and 10,000 students in Canada and Bermuda. The CICA conducts research
into current business issues and supports the setting of accounting, auditing and assurance standards for business, not-
for-profit organizations and government. It issues guidance on control and governance, publishes professional literature,
develops continuing education programs and represents the CA profession nationally and internationally. CICA is a
founding member of the International Federation of Accountants and the Global Accounting Alliance.
The Institute of Chartered Accountants in England and Wales (ICAEW)
As the UK’s premier accountancy body, the ICAEW provides leadership and practical support to over 128,000
members in more than 140 countries, working with government, regulators and industry in order to ensure the highest
professional standards are maintained. The ICAEW is also a founding member of the Global Accounting Alliance.
 Application Form
YES! Please reserve a place for me in
The Corporate Finance Education Program.

Payment Schedule
The Intermediate Stage • 2008-09
Tuition: $4,395.00 + $219.75 GST = $4,614.75 (#C5826001)
Your payment for the Intermediate Stage must accompany your application.
Course materials will be sent to all registered candidates starting in September 2008.
Tuition includes all course materials, including text books, self-study workbook, reference materials for lectures and
workshop groups, examination fee, and networking reception. Participants are required to stay in residence during
each session. A per-session rate ($770.00) is payable directly to The Kingbridge Centre for meals, coffee breaks and
accommodation upon departure after each session.

The Advanced Stage • 2009-10

Tuition: $5,695.00 + $284.75 GST = $5,979.75
You will be notified when registration is available for the Advanced Stage in May 2009.

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Badge Name (if different than above)
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I am a:
CA
Other Accountant (please specify):

Lawyer
Other (please specify):
Title
Firm/Employer
Business Address
City Province Postal Code
Business Phone Business Fax
Email
Special dietary or other requirements

PAYMENT: (Registration cannot be processed until payment is received.)

Cheque (payable to The Canadian Institute of Chartered Accountants)
Credit Card:
Visa
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Expiry Date Online at: www.cfqualification.ca
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Mail to: CICA Continuing Education
GST # R106861578
277 Wellington Street West Toronto, ON M5V 3H2
YOUR PRIORITY CODE: Attn: Corporate Finance Registrar
To help us understand your professional needs and
Fax to: Corporate Finance at: (416) 204-3415
to serve you better, when registering by phone or online,
please make reference to this code PCT Call: (416) 204-3227

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third party service providers for the purpose of (1) Providing me with the service for which I have contracted. (2) Providing me with
information as to products and services CICA feels may be of interest to me. Please check the following box should you not wish your
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