Finance For Non-Finance Managers & Executives

Date: 3 & 4 August 2023 (Thursday & Friday)

Time: 9:00am to 5:00pm

Venue: ON LINE TRAINING

Trainer: Gerald Peries A/L V. A. Peries (View Trainer Profile)

Introduction:

Increasingly, all executives, especially those moving into 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 training 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 analysis and management for your company.

Objectives:

• You will understand the objective and purpose 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 learn to apply financial analysis to assess profitability, financial risks and credit worthiness of a business

Program Content:

MODULE 1: INTRODUCTION TO FUNDAMENTALS OF FINANCE

• Four main areas of Finance

INTRODUCTION TO THE FUNDAMENTALD OF ACCOUNTING

• What is Accounting?

• Accounting Process

• Role in today’s business

• The Accounting Equation

• Transaction Analysis

• Understanding the common terminologies used

• Exercise

MODULE 2: FINANCIAL STATEMENTS

• Cash Flow verses Profit

• Adjustments including Accruals, Prepayments and Depreciation

• Company Statements

• Sources of Finance

• Exercise

MODULE 3: FINANCIAL STATEMENT ANALYSIS

• Trend Analysis

• Common-Size Analysis

• Ratio Analysis

Profitability, Efficiency, Liquidity, Gearing & Investment Ratios

Spotting early warnings of possible business failures and taking early corrective action.

CASE STUDY

• Analysing A public listed company’s financial statements

MODULE 4: MANAGEMENT ACCOUNTING/COSTING

• What is Management Accounting?

• Classification of Costs

• Costing Systems & Techniques

FULL COSTING

• Allocation & Apportionment of Overheads

• Service Department Costs

• Determining Selling Price

• Exercise

MODULE 5: MARGINAL COSTING & DECISION MAKING

• CLASSIFICATION OF COSTS

• Profit Statement

• Decision Making

• Break-even Analysis

• Exercise

MODULE 6: CAPITAL INVESTMENT

• Forecasting Relevant Project Cash Flows

• Project evaluation Techniques – Payback, NPV, IRR

• Accepting or Rejecting Projects

• Case study

Methodology:

• Interactive lectures with power point presentations

• Group discussions

• Use of practical exercises

Who Must Attend:

All Financial & Accounts Executive

Investment Fees:

RM2,000.01 (Including 6.00% Service Tax) per participant (Standard Fee)
RM1,400.01 (Including 6.00% Service Tax) per participant (Early Bird Fee, register by 27 July 2023)

Group incentive: Register 3 participants from the same organization, the 4^th participant is FREE. (Buy 3 Get 1 Free)

Registration:

There are 3 methods to register for this training:

Kindly click here for online registration. Register Now.
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).
Call us to register. Tel: +6-03-6270-9883.

Notes:
This Training Programme is HRD Corp Claimable Course *Subject to HRD Corp Terms & Conditions.

We Are An Approved Training Provider Under HRD Corp Claimable Course With Human Resource Development Corporation (HRD Corp)