ONLINE / VIRTUAL TRAINING:- How To Read Financial Statement. by Danny Lim Tou Kenn
Date: 22 December 2021 (Tuesday)
Time: Session 1 (Tuesday): 9:00am to 12:30pm Session 2 (Tuesday): 2:00pm to 5:30pm
Venue: ON LINE TRAINING
Introduction:
Increasingly, all executives, especially those moving into senior executive or managerial level need to understand and apply financial know-how in their daily work and know how the business’s operation activities are being captured in the financial reports and what can they do to help improve the business performance.

Gaining financial acumen as part of the management skills is very important for anyone wishing to progress up the career path in any organisation, regardless of their current role and responsibilities.

This practical course is designed to provide an introduction to accounting and the basic financial knowledge and skills to help you be a step ahead when it comes to taking on more responsibilities in the future, including financial management for your department.

Objectives:
You will understand the objective and concepts of accounting 
You will be familiar with financial statements and their key components and able to read and interpret the financial data to make informed business decisions and to report business performance
You will learn to do cash flow forecasting to manage cash inflow and outflow 
You will learn to apply financial trend and ratios analysis to analyse companies to spot red flags

Program Content:
Module 1 : Financial Accounting 101 Make Simple  
What is accounting? 
Accounting Equation  
Double Entry System 
Accounting Cycle
Accounting Concepts and Principles
Form of Business
Type of financial Statements

Module 2 : Balance Sheet 
How to read a Balance Sheet?
Understand key concepts of assets and liabilities
Tangible vs non-tangible assets
Current vs non-current assets
Main elements of working capital
Working capital cycle
Account receivable
Account payable
Key ratio analysis on working capital

Module 3 : Profit & Loss Statement
How to read Profit & Loss Statement?
Understand key items of Profit & Loss Statement
Recognition of revenue
Impact of sales discount 
Non-cash items
Preparation of Profit & Loss Statement – activity
 
Module 4 : Cash Flow Statement
Understand key activities of Cash Flow Statement 
Cash flow from operations - direct and indirect method
Cash flow from investing
Cash flow from financing
Impact of changes in Balance Sheet items to Cash Flow Statement  
Why profit is different from cash?
Cash Flow Statement – practice
Relationship between Cash Flow Statement, Profit & Loss and Balance Sheet
Working capital management

Module 5 : Cash Flow Forecasting
Why company show profit but still short of cash?
Why cash flow forecasting?
How to check financial health from cash flow pattern?

Module 6 : Financial Analysis
Learn how to size up a company quickly by reading their financial ratios and identify red flags
Three financial analysis methods
Liquidity 
Solvency 
Efficiency 
Profitability
Real case studies on ratio analysis 
Asset Management 
Assessing drivers of company profitability and growth 

Module 7: Test Your Skills Now  
Post-course test to check if you’ve understood all concepts 
Financial activity session
Action plan – discuss how your new skills help you at work

Methodology:
Interactive lectures with power point presentations
Self-assessment (Pre and Post Course)
Group discussions
Use of practical exercises

Who Must Attend:
Senior Accounts Executive 
Accounts Executive
Accounts Assistant
Fresh Graduate

Investment Fees:
RM604.20 (Including 6.00% Service Tax) per participant (Standard Fee)
RM498.20 (Including 6.00% Service Tax) per participant (Early Bird Fee, register by 18 December 2020)

Group incentive: Register 3 participants from the same organization, the 4th participant is FREE. (Buy 3 Get 1 Free)
Registration:
There are 3 methods to register for this training:
  1. Kindly click here for online registration. Register Now.
  2. Kindly download this registration form, and fill up all the particulars. Please fax back to +6-03-6270-9993. Click here to download Registration Form (177KB).
  3. Call us to register. Tel: +6-03-6270-9883.
Notes:
This Training Programme is SBL Claimable *Subject to PSMB conditions.

Pembangunan Sumber Manusia Berhad (PSMB)We Are An Approved Training Provider Under SBL Scheme With Pembangunan Sumber Manusia Berhad (PSMB/HRDF)