Interpret and Analyse Financial Statements and Cash Flow Analysis for Better Decision Making

Overview

This is an advance course after the Finance for Non Finance Managers.

This hands-out practical workshop is a crash course to help decision makers like yourself, to gain deeper understanding of any company’s financial position through analysis of the financial statements.

This is an essential skills for all entreprenuers, board members, company secretaries, directors, managers and high level executives across all industry types.

You don't need to know accounting or be very good at numbers because this is not a 'calculation, debit, credit, ledger' workshop. This is understanding what STORIES the figures are telling and how they will impact your business decisions.

TOP 10 Immediately Useful Decision-Making Benefits

1. Understand the fundamental concepts and terms of corporate finance

2. Better understand the financial risks and benefits of your high level financial decision-making

3. Utilize all of the important financial information in planning to maximize resources and profits

4. Better determine financial weaknesses and opportunities for growth and profit

5. Know the intricacies of a Master Budget - how department budgets interact

6. Know how financial ratios are key to an Annual Report in determining liquidity, solvency, asset utilization and profitability

7. Learn to quickly analyze financial forecasting models to determine profit and breakeven production and sales levels

8. Understand the use of trade credit in financing the cash needs of your department

9. Quickly interpret and understand the terminology of any Financial Statement and be able to make a good business decision based on the financials.

10. Know what questions you should be asking of your Accounting and Finance Professionals in your organization.

Learning Outcomes

At the successful completion of this course, you should be able to:

Apply accounting concepts on which the preparation of financial statements are based.
Describe the major elements of financial statements.
Determine limitations of the information contained in financial statements.
Ascertain content in relation to the relevance and reliability of specific information contained in a set of financial statements.

Who Must Attend

If you’re in a Managerial role and you’re making Financial Decisions – You must attend this two-day hands on program.

This high-level program is designed by a seasoned financial professionals to not only give you the financial background and tools you need – but to help you use those financial tools as a manager or executive – to make those important decisions. Those who will benefit include:

• Vice Presidents

• General Managers

• Department Managers

• Directors

• Top executives in all areas of Sales, Marketing, Service Organizations, Manufacturing

• Anyone involved in the financial decisions of your organization.

If your expertise has not included a consistent grounding in financial and managerial accounting practices and concepts – you’ll benefit greatly.

Course Details

Day 1

MODULE 1. Understanding Accounting Framework

• Understand the different between Conceptual Framework and Regulatory Framework

• What are the Fundamental Accounting Concept and Assumption used in preparing Accounting Records and why these are being used

MODULE 2. Distinction between Types of Accounts in Financial Statements

• Differentiate between Assets, Liabilities, Expenses, Income and Equity

• Understanding the Accounting Equation

Assets = Liabilities + Equity

• Differentiate between OPEX and CAPEX

MODULE 3. Different Types Financial Statements and their Impact

• Statement of profit or loss and other comprehensive income

• Statement of financial position

• Statement of changes in equity

• Statement of cash flows

MODULE 4. What Analysis Tools Decision- Makers Need to interpret Profit or Loss Statement and Statement of financial position

• Vertical Analysis

• Horizontal (Trend) analysis

• Ratio Analysis

Day 2

MODULE 5. Evaluate using of Ratios

• Profitability

• Efficiency

• Liquidity

• Leverage of the company

• Valuation of the company

MODULE 6. Analyse through Detailed study of Cash flows Statements

• Differentiate between Profit and Cash

• Analysis of the Company’s Cash Flows

MODULE 7. Consider other pertinent Factors to make business decisions

• Notes to the accounts in Published Financial Statements

• Different between Published Financial Statements and Management Accounts

• Limitation of Financial Statements and interpretation techniques

Methodology

This workshop’s methodology is a combination of expert input, interactive practical exercises, self assessment, lots of hands-on role-play, group discussions, exercise worksheets, practical projects, presentations.

Course Leader

CW TAN

Qualifications:

Chartered Accountant

Fellows Member of Chartered Management Accountant - FCMA (UK)

Chartered Accountant (Malaysia)- CA (M’sia)

Chartered Global Management Accountant (CGMA)

Competent Toastmaster (CTM)

Mr Tan is a Senior Member (FCMA) of the Chartered Institute of Management Accountants, CIMA and a member of Malaysian Institute of Accountants, MIA since December 1992. He has been a Council Member of the CIMA Malaysia Divisional Council since 1998 until the Divisional Council dissolved in May 2012. Tan is also a duly certified Competent Toastmaster of Toastmaster International.

Tan has had a long and distinguished career as a Management Accountant in a number of well-known Malaysian and International Companies. He started his career in Finance as an Auditor. In 2000, he joined KNM Berhad as Group Financial Controller and played a pivotal role in KNM’s listing submission. In December 2005, Tan returned to his hometown, Melaka and worked for Coats Thread (Malaysia) Sdn. Bhd. as Finance Manager and retired in March 2012 to form WFP.

As the pioneer CIMA Global Membership Assessor from Malaysia, Tan is actively involved in giving talks and doing workshops for potential members who wanted to apply for CIMA membership locally as well as in Singapore and has conducted in house training as well as public training programmes on Finance both locally as well as in Cambodia. With the expansion of more overseasGlobal Membership Assessor, Tan is now a Mentor for two new Assessorsin Malaysia.

All in, Tan has more than twenty-three years of hands-on experience in different areas of management and functions in diverse industries such as in auditing, printing, construction, manufacturing, consultancy, engineering and trading. Other than the Finance, Accounting, Auditing, Taxation, Corporate Finance and Credit Control, some of the other functions include: general management, business development, business strategic planning, performance improvement, quality assurance, human resource management, information technology and management, budgeting and strategic cost management. Tan is also a certified trainer under PMSB, Malaysia. (Certificate No. TTT/6518).

To contact Mr Tan, please feel free to email us at info@itrainingexpert.com or call +603 8074 9056 | +6012 6869 628

We have a faculty of specialist and can cater to your organisation's different levels and specific needs.

For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123

Testimonies

“Before I attended the course, I felt that I really needed more knowledge on the overall big picture of Financing. I feel confident that this course gave me that overall picture that I was looking for. I felt that the trainer imparted good knowledge, but that it proceeded at a somewhat mundane pace. Also, I felt that a better understanding of the subject could be gained from more hands-on work.” – SW, Law, General Manager, FGV.

“I initially felt unsure of what I was going to learn. However, during the course I learned a lot of significant things about finance, budgets and costs. After going through this course I feel confident enough to go into the details with my CFO to get to learn more about the details finance matters in the company. The trainer is very well-versed on his knowledge of the subject. I particularly enjoyed the “stock trading game. I would very much like to attend courses in the future pertaining to topics like Presentation, and Negotiation.” – Ahmad, Tariq Orogenic Holdings Sdn. Bhd.

“I felt that I had a very minimum of knowledge on the structure of finance before I attended this course. During this course though, I felt that I gained a very significant overall understanding of financial matters, and after, I learned more about various different skills and their long-term rewards. I felt that the trainer was good in his presentation. If given the opportunity, I would certainly like to attend more advanced courses on the subject.” Alfred, DHL.

“My understanding of financial statements was once lacking before the course. I’m glad that during the course I learned how to effectively read financial statements. It is knowledge that would most definitely help me to better understand my company’s annual report. I thought the trainer’s performance was excellent. If there are any other courses in future, especially those on Directorship, I would love to attend.” – Executive Director, Ho Wah Genting Berhad.

Investment

Normal Fee

Pay 1 day(s) before course starts

MYR 2,990.00

USD 890.00

Early Bird

Pay 14 day(s) before course starts

MYR 2,390.00

USD 700.00

Group Fee

Pay 14 day(s) before course starts

MYR 2,190.00

USD 640.00

*This course fee is applicable for online training

Upon successful completion of this program, you will receive Certificate of Achievement.

Payment mode:

1. ONLINE PAYMENT by Credit card: You can opt to register and pay online with our latest payment integration system through our website.

2. Telegraphic Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.

Registration Details

DOWNLOAD BROCHURE
IN HOUSE ENQUIRY