INTRODUCTION

Finance plays a pivotal role in every organization, and it’s essential for non-finance managers to have a solid grasp of financial concepts and practices. This two-day training module is designed to provide non-finance professionals with the knowledge and skills necessary to understand and contribute effectively to their organization’s financial decision-making processes. Participants will gain confidence in interpreting financial data, making informed financial decisions, and communicating financial information within their teams.

 

LEARNING OUTCOME

By the end of this training module, participants will be able to:

• Understand the fundamentals of finance, including financial statements, key financial ratios, and budgeting.
• Analyze financial data to assess the financial health and performance of their department or organization.
• Make informed financial decisions that align with organizational goals and strategies.
• Communicate financial information effectively to stakeholders and colleagues.
• Develop a basic understanding of financial planning and forecasting.
• Identify potential financial risks and take appropriate actions to mitigate them.

 

COURSE CONTENTS

MODULE 1 : INTRODUCTION TO BASIC FINANCE & ACCOUNTING

• Show the process of recording a company’s financial transaction.
• Involves analyzing, summarizing and reporting finance and oversight agencies.

MODULE 2 : FINANCIAL STATEMENTS

• Overview of the income statement, balance sheet, and cash flow statement
• Interpreting financial statements
• Common financial metrics and ratios

MODULE 3 : BUDGETING & FORECASTING

• Basics of budgeting and its significance
• Creating and managing budgets
• Introduction to financial forecasting

MODULE 4 : FINANCIAL DECISION MAKING

• Capital budgeting and investment decisions
• Cost analysis and break-even analysis
• Evaluating project feasibility

MODULE 5 : FINANCIAL COMMUNICATION

• Effective communication of financial information
• Presenting financial data to non-finance stakeholders
• Building financial literacy within your team

MODULE 6 : FINANCIAL RISK MANAGEMENT

• Identifying financial risks
• Strategies for mitigating financial risks
• Case studies on risk management

MODULE 7 : INVESTMENT & CAPITAL EXPENDITURE DFECISIONS

• Understanding capital expenditure vs. operational expenditure
• Evaluating investment opportunities (ROI, Payback Period, NPV)
• Making informed investment decisions

MODULE 8 : BUSINESS FINANCING & FUNDING OPTIONS

• Understanding business financing: Debt vs. Equity
• Sources of funding (Bank loans, investors, grants)
• How to prepare for business financing requests

MODULE 9 : FINANCIAL STRATEGIES FOR BUSINESS GROWTH

• Pricing strategies & profitability
• How financial data drives business strategy
• Risk management in financial decision-making

MODULE 10 : PRACTICAL EXERCISES AND CASE STUDIES

• Group discussions and case studies on real-world financial scenarios
• Hands-on budgeting and financial analysis exercises
• Q&A sessions and open discussions

 

METHODOLOGY

An adult learning approach using a combination of lectures and simulation, exercises, management games & group discussions

 

TRAINER

Nik Nur Aisyah Nik Md Zain

Norazailah Abdullah

 

FEES (WITHOUT ACCOMODATION)

RM1,100.00 per pax

Early Bird RM1,000.00 per pax

(20 days before program)

2 pax RM 1,050.00 per pax

3 pax > RM1,000.00 per pax

(This fees is inclusive of 2 morning tea breaks, 2 lunch , 2 afternoon tea breaks, notes and certificate of attendance for the participants)