Physical classes are available.
It is no longer an option for managers not to have a basic working knowledge of finance in their job. Managers wear many hats and shoulder many responsibilities, but arguably the most vital of them all is the one that involves paying attention to the organization's financial vital signs.

Knowing how to accurately interpret financial statements, create more comprehensive Cost/Benefit projections and understanding what key financial data captures from your company's overall productivity is an essential skill set for all EXECUTIVE and MANAGEMENT personnel.

The more financial acumen a manager gains, the more valuable an asset they become to their organization and to the wider market.

Whether you're a start-up trying to accomodate negative cashflow until you break even, or a well-established company where you need to provide KPI assessments based on financial data to ensure shareholder confidence, FINANCIAL KNOWLEDGE is a key advantage in managing business growth and expansion.

This 2-day workshop provides participants with in-depth training on financial techniques and terminology using very hands-on, practical activities and discussions. Whether you're a Line Manager or an Executive Project Manager, these tools will be priceless in your decision-making process.

Day 1: 9:00am - 5:00pm

Morning- 9.00am - 1.00pm
MODULE 1: SPEAKING ACCOUNTING
Understanding why accounting / finance is important?
Know the objective of a business / Organisation
A brief history of Accounting and the purpose of Financial Reports

MODULE 2: ACCOUNTING FRAMEWORK
Understand the difference between Conceptual Framework and Regulatory Framework
What are the Fundamental Accounting concepts and assumption used in preparing Accounting Records and why these are being used

MODULE 3: TYPES OF ACCOUNTS
Understand the differences Assets, Liabilities, Expenses, Income, and Equity
Understanding the Accounting Equation
Assets = Liabilities + Equity
Differentiate between OPEX and CAPEX

Afternoon session: 2:00pm - 5:00pm
MODULE 4: READING FINANCIALS
Introduction to the various Financial Statements and their uses
Statement of profit or loss and other comprehensive income
Statement of financial position
Statement of changes in equity
Statement of cash flows

Tools use in Financial Statement Analysis
Vertical Analysis
Horizontal Analysis (Trend Analysis)
Ratios Analysis – operational ratios, financial ratios and valuation ratios

Statement of cash flows
The difference between Profit and Cash and why the saying “Cash is King”
How to analyse the statement of cash flows

Other considerations
How to read Notes to the accounts in Published Financial Statement
Different between Publish Accounts and Management Accounts
What are the Limitations of Ratio Analysis

DAY 2 
Morning Session: 9:00am - 1:00pm
MODULE 5: BUILDING BUDGET
Types of budgets
Differentiate the various types of budgets – Incremental, Zero-based, and Rolling
MODULE 6: COMPARING BUDGET APPROACHES
When and which is better - The top-down or Bottom-up approach?
MODULE 7: BUDGETING AS A PLANNING AND CONTROL TOOL
Using the budget to control the business and what are the limiting factors.
Understanding the Budgeting process and its coordination
How to forecast sales revenues and expenses and build up the budgets numbers
When to adjust the budget to reality

Afternoon session: 2:00pm - 5:00pm
MODULE 8: COSTING DECISION
Cost Behaviour
How is Cost being defined?
How to differentiate between the direct and indirect costs?
Differentiate the controllable and uncontrollable cost
Cost – Volume – Profit Analysis
Learning the Contribution formula and thus working with the Break –even point analysis
How to decide on the Pricing?

MODULE 9: INVESTMENT APPRAISAL
Understand the basic investment appraisals such as Payback analysis,
Return On Investment (ROI) and Net Present Value (NPV) to better make sound decisions.

Mr 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  

Or

En Suhaini (SK)
Chartered Accountant
MBA from Asia E University Malaysia
Bachelor Degree in Accounting, University Technology MARA

SK is a certified corporate trainer and business consultant specializing in design thinking and leadership development. He speaks passionately on people development, leadership behavioral change and innovation skills development for leaders and managers, particularly with a finance focus. 

SK is currently a Senior Consultant at DT Leadership focusing on innovation development apart from being a trainer on finance-related programs. He has 24 years of corporate working experience in a diverse range of industries. He has held several key senior management level positions including Chief Financial Officer of ACASIA Communications Sdn Bhd, and Fiberail Sdn Bhd, a subsidiary company of Telekom Malaysia.

He carries with him over 2 decades of experience as a business controller with extensive exposure in financial management, corporate finance, and planning. He was also involved in several corporate exercises including merger and acquisition, due diligence reviews and restructuring of companies.

His highest achievements include helping to grow a medium-sized organization from RM50 million to RM250 million turnover over a period of 10 years by building on innovative business focused on continuous improvement and also through merger and acquisition exercises. 

He has trained hundreds of representatives from large and medium-sized organizations that include the recent ones:
• DHL
• Bank Muamalat Malaysia Berhad
• DRB-Hicom Group
• Tenaga Nasional Berhad

Among his participants, SK is known for his practical and applicable job-related content that is delivered in an interactive and engaging manner. He exerts considerable influence on design thinking focusing on finance and innovation skills with his pleasant persona during training to ensure an accelerated learning experience. When he is not training, SK consults on business on leadership development, business innovation, and corporate services. SK is a registered trainer with PSMB/HRDC.

OR 

Other professional trainers

To contact us any speaking, training and consultancy engagements, :
please contact us at +603 8074 9056 | Mobile +6012 6869  628 | +6018 2735 123 or email: info@iTrainingExpert.com

*This course fee is applicable for online training

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.