INTRODUCTION

In today’s global management and uncertain business conditions, there is a need for all business or functional heads to grasp and apply fundamental financial management knowledge, skills and techniques to manage their respective areas in order to become truly, all-rounded professional managers. This is a practical programme using real-life case studies for those who want to acquire financial management competencies

When the manager understands the importance how daily operation reports in numbers, they have a better picture of how each department contributes to the success of the company (and less arguments with the Finance department). This is especially important for the managers who are helping the companies making decisions if they are aware of the financial tools to evaluate business opportunities and assess financial risks.

LEARNING OUTCOME

By end of this training, you will be able to:

• Recognise the important accounting term;
• Identify the difference between profit and loss account and balance sheet;
• Identify the difference between operating expenses (OPEX) and capital expenditure (CAPEX);
• Understand how daily operation will affect the finance of the Company and vice versa;
• Understand the different types of financial reports, cash flow, and investment analyses;
• Be aware of the core financial tools used to evaluate business opportunities and assess financial risks;
• Learn key accounting tools for making costing and managerial decisions;
• Apply the principles of accounting in making marketing and pricing decisions

COURSE CONTENT

MODULE 1 : CONCEPT OF FINANCE

• Introduction to Finance
• Define basic account and financial terminology
• Role and function of Finance
• Understand budget processes and budget preparation

MODULE 2 : FINANCIAL STATEMENT

• Main components of a typical set of financial statements or annual report
• Key underlying accounting concepts used in preparation of financial statements
• How finance affect a company’s operation

MODULE 3 : BUSINESS ANALYSIS

• Interpret Financial Statements and analyse businesses
• Perform a SWOT analysis using financial statement

MODULE 4 : CASH OPERATING CYCLE

• Understand the cash operating cycle and what affects a company’s cash flow
• Manage the cash operating cycle

MODULE 5 : COSTING

• Different categories of costs and their implication on costing
• Costing concept and applying them in making business decision

MODULE 6 : BUDGETING, FOREX AND TAXATION

• Understand Budgeting
• Effects of foreign exchange movements and taxation on financial decisions

MODULE 7 : INVESTMENT APPRAISAL TOOLS

• Methods of project appraisal in decision making
• Payback period
• Net present value (NPV)
• Internal rate of return
• Concepts of gearing and weighted average cost of capital
• Business analysis case study

MODULE 8 : PROFIT VS CASH

• Difference between the impact on profit and cash of typical transaction company undertake
• Why cash is king

MODULE 9 : WARNING SIGNALS

• Uncover some warning signals in financial statement

WHO SHOULD ATTEND ?

Director, Manager, Supervisor, Team-Lead, Executive  or anyone making financial decisions for the company  and also for those who want to understand financial statements.

FEES

INDIVIDUAL RM1,000.00 per pax

EARLY BIRD RM800.00 per pax

(payment 14 days before the program)

2 PAX  RM900.00 per pax

3 PAX or  > RM850.00 per pax

(Fees – without accomodation)

TRAINER

Lim Chun Meng or

Geetha Rubasundram