Finance for non-finance managers and executives

PROGRAM : FINANCE FOR NON-FINANCE MANAGERS/EXECUTIVES

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OBJECTIVES

In today’s diverse and ever changing business environment, it is crucial for all non-finance managers, executives & officers to develop and sharpen their financial skills.

These skills will enable them to understand and analyse financial statements, contribute effectively in pricing, planning and control decisions and make positive contributions towards effective project selection.

Acquisition of these skills would also enable these personnel to appreciate how their function fits into the overall objectives of the organisation, thus enabling them to better contribute to the organisation’s goal.

By the end of this course, participants should be able to:-
COMPREHEND

The nature and purpose of Accounting & Finance
The ways economic events are measured, recorded & reported.
The uses and limitations of accounting information
The various financing choices available to a company

DEVELOP

Skills in analysing financial statements with a view to improve the organisation’s performance.
Skills in determining and analysing cost for pricing and other short term decisions.
Skills in analyzing and selecting appropriate investment projects

APPRECIATE

The usefulness and limitations of financial information in decision making.

WHO SHOULD ATTEND

Non-Financial Managers & Executives, working in functional areas other than Accounting & Finance such as:-

Marketing & Sales
Production
Warehousing
Engineering
Human Resources
Costing
Research & Development
Entrepreneurs who need a better understanding of Accounting & Finance should also attend

METHODOLOGY

Interactive Lectures
Discussions
Practical Exercises & Case Study

COURSE CONTENTS

SESSION 1
INTRODUCTION TO FINANCE

Four main areas of Finance

INTRODUCTION TO ACCOUNTING

What is Accounting?
Accounting Process
Role in today’s business
The Accounting Equation
Transaction Analysis
Exercise

SESSION 2
FINANCIAL STATEMENTS

Cash Flow verses Profit
Adjustments including Accruals, Prepayments and Depreciation
Company Statements
Sources of Finance
Exercise

SESSION 3
FINANCIAL STATEMENT ANALYSIS

Trend Analysis
Common-Size Analysis
Ratio Analysis
Profitability, Efficiency, Liquidity, Gearing & Investment Ratios

SESSION 4
CASE STUDY

Analysing A public listed company’s financial statements

SESSION 5
MANAGEMENT ACCOUNTING/COSTING

What is Management Accounting?
Classification of Costs
Costing Systems & Techniques

FULL COSTING

Allocation & Apportionment of Overheads
Service Department Costs
Determining Selling Price
Exercise

SESSION 6
MARGINAL COSTING & DECISION MAKING

Classification of Costs
Profit Statement
Decision Making
Break-even Analysis
Exercise

SESSION 7
CAPITAL INVESTMENT

Forecasting Relevant Project Cash Flows
Project evaluation Techniques – Payback, NPV, IRR
Accepting or Rejecting Projects

SESSION 8

Case study

COURSE TRAINER

MR. GERALD PERIES
PROFESSIONAL QUALIFICATION :
Southern Illinois University At Carbondale, U.S.A.
Masters In Business & Administration G.P.A. 3.61 (4.0) Southern Illinois University At Carbondale, U.S.A. Bachelor Of Science In Finance G.P.A. 3.75 (4.0)

ACADEMIC PROGRAMS:
Edith Cowan University - M.B.A. Financial Reporting & Analysis
University Of Sunderland, U.K. - M. B. A. Financial Resource Management
University Of Wales - M.B.A. Financial ManagementUniversity Of Ballarat - M.B.A. Accounting & Finance
University Of Sunshine Coast - M.B.A. Financial Management TRAINING SPECIALIZATION :

Fundamentals of Costing & Budgeting
Making Effective Capital Investment Decisions
Effective Cash Flow Management
Accounting for Non-Accounting Staff
Accounting Skills for Accounts Assistants and Clerks
Preparing Full Set of Accounts
Financial Skills for Non-Finance Managers & Executives

TRAINING LANGUAGE:

English
Bahasa Malaysia

WORKING EXPERIENCE :
2 Years As Research/Teaching Assistant
4 Years As Corporate Finance Manager At Autoblast Sdn Bhd
1 Year As Free-Lance Trainer/Lecturer

COURSE FEES

In-House Course Fee :	Call 6016-216 1383 (Mr. Jimmy Ong) or Fill in Inhouse Request Form	Inhouse Request Form
Public Course fee:	To Be Advised	Public Course Registration
Date/s :	TBA (2 Days Program)
Time :	9am – 5 pm daily
Venue :	In House/Hotel/TNI Centre