Finance for Non-Finance Managers: 2 Days

Finance for Non-Finance Managers Training Course Financial Management Training
By Global Corporate Academy
Financial Management:

Finance for Non-Finance Managers

“Learn how to read and understand Financial Statements and utilize some of the Financial Management & Accounting Tools to improve your skills and knowledge.”

By Global Corporate Academy


Affiliate Partner of Association of Certified Professional Managers • PSMB Certified Training Provider
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Contact Customer Service +6012-211-8856 Email Customer Service info@corporateacademy.com.my
syedwaqar@corporate....com.my
Course Title:
Finance for Non-Finance Managers
Training Category:
Business Management
Target Audience:
All savvy managers and executives in functions like Sales & Marketing, Technical and Engineering, Human Resources, Production & Engineering, R & D, Purchasing & Procurement, Warehouse and Logistics, General Managers, and Directors.
Duration:
2 Days
Public Training Events
May 2017 ›
Venue:
Melia Hotel, Kuala Lumpur, Malaysia
Schedule:
Fri 05 May 2017 - Sat 06 May 2017
9:00AM - 5:00PM

Fee Per Person:
RM1,750.00
Promotions:
  • Register not later than 16 Apr 2017 for only RM1,600 per person
  • RM1,550 per person for group registration of 2 paxs or more.
Register Now!

* Other terms & conditions apply.
For In-house Training
Request for Quotation Request for Quotation
For Other Inquiries
Contact Global Corporate Academy
Contact customer service +6012-211-8856
Email customer service info@corporateacademy.com.my
syedwaqar@corporateacademy.com.my
Delivery Methods
  • Language: English
  • PowerPoint Presentation
  • Workshop
  • Group Discussion
  • Presentation Handouts
  • Reading Materials
  • Indoor Activities
  • Internet Access
  • Video Presentation
  • Lecture
  • Certificate of Participation
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*Terms & Conditions

Course Introduction ›

In this 2-day Finance for Non-Finance Managers workshop, participants will learn how to read and understand Financial Statements and utilize some of the Financial Management & Accounting Tools to improve their skills and knowledge. This highly hands-on training with practical mock business will help participants to manage their day to day transactions, operations, planning and decision making process.

Course Objectives ›

By the end of the “Finance for Non Finance Manager” workshop, participants should be able to:

  • Improve their accounting and financial literacy & vocabulary
  • Understand the basics concept of accounting and and how business transactions are captured
  • Expose  to budgeting process and using budget as a planning and control tool
  • Managing cost better and decide on pricing decision especially during resources constraint situation
  • Detect early warning signs of possible projects or business failure
  • Grasp useful Financial & Management Accounting Tools and techniques required for effective decision making.

Course Outline ›

DAY 1

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 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 3: TYPES OF ACCOUNTS

  • Differentiate between Assets, Liabilities, Expenses, Income and Equity
  • Understanding the Accounting Equation: Assets = Liabilities + Equity
  • Differentiate between OPEX and CAPEX

MODULE 4: READING FINANCIALS

  • Introduction to the various Financial Statements and their uses
    • Statement of profit and 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

MODULE 5: COSTING DECISION

  • Cost Behaviour
  • How is Cost being define?
  • How to differentiate between the direct and indirect cost?
  • 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 6: BUILDING BUDGET

  • Types of budgets
  • Differentiate the various types of budgets – Incremental, Zero-based and Rolling

MODULE 7: COMPARING BUDGET APPROACHES

  • When and which is better - Top-down or Bottom-up approach?

MODULE 8: BUDGETING AS A PLANNING AND CONTROL TOOL

  • Using the budget to control the business and what are the limitation factors.
  • Understanding the Budgeting process and its coordination
  • How to forecasting sales revenues and expenses and building up the budgets numbers
  • When to adjust the budget to reality

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.

Contact Us Now ›

  • Course content customization
  • In-house training request
  • Available public program
  • Consultation services
  • Other inquiries
Contact Customer ServiceCall Us :
+6012-211-8856
Email Customer Service E-mail Us :
info@corporateacademy.com.my
syedwaqar@corporateacademy.com.my

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