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Finance for Non-Finance Managers

Date: 23 & 24 March 2020 (Monday & Tuesday)

Time: 9.00am to 5.00pm
Venue: Dorsett Grand, Subang

INTRODUCTION

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

These skills will enable them to understand and analyse financial statements and appreciate how their individual job function contributes to the organisation’s bottom line, thus enabling them to contribute more effectively towards this goal.

OBJECTIVES

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 the skills in analysing financial statements with a view to improve the organisation’s performance. Appreciate the usefulness and limitations of financial information in decision making.

TRAINING METHODOLOGY

The training workshop essentially comprises modules with interactive discussion and activities designed to maximize learning.

  • Understanding the importance of Accounting and Finance functions in an organization.
  • How to interpret the income statement and Balance sheet.
  • Be able to analyse the Accounts and Finance Statements
  • WHO SHOULD ATTEND?

    Non-Finance personnel working in functional areas other than Accounting & Finance such as:-

    Marketing & Sales, Production, Warehousing, Engineering, Human Resources, Administration and Purchasing, Research & Development

    COURSE OUTLINE

    Module Content
    DAY 1
    MODULE 1
  • Introduction to Finance
  • Four main areas of Finance
  • Introduction to Accounting
  • The Basis of Accounting
  • Accounting equation to business application
  • MODULE 2
  • The Accounting Cycle
  • Document and tracking business transactions
  • Understanding how those transactions are reflected on financial statements
  • Role in today’s business
  • Exercise
  • MODULE 3
  • The Balance Sheet
  • Understanding its managerial objectives and usage
  • The Income Statement
  • How to define Revenue and Expenses
  • MODULE 4
  • The Statement of Cash Flow
  • An understanding of Cash flow for Non-Cash expenses
  • The differences between Cash and Profit levels
  • Exercise
  • DAY 2
    MODULE 5
  • Accounting Adjustments including
  • Accruals
  • Prepayments
  • Depreciation
  • MODULE 6
  • Ratio Analysis
  • Profitability
  • Efficiency
  • Liquidity
  • Gearing
  • Investment Ratios
  • MODULE 7
  • Cost Accounting
  • Element of Costing and its importance
  • How to use it as management tool
  • Cost / Price Volume
  • How they impact the bottom line
  • Break-Even Analysis
  • MODULE 8
  • Budgeting
  • Basic budgeting process
  • Sources of Finance
  • Understand the payback period
  • Net present value
  • Internal rate of return methods of project appraisal in decision making
  • COURSE TRAINER

    Santhanasamy Subbiah has more than 30 years of experience in corporate world on accounting and finance practices. His experiences in various industries include that of Banking, Manufacturing, Education, Insurance, Security, Plantation, Shipping, Shared Services and Freight Forwarding. He was also with the Ministry of Works engaged in special projects funded by the World Bank.

    Besides being in the corporate world he has lectured MBA programmes for the following Universities:- Open University Malaysia, University of New Castle Australia, Herriot Watt University UK, Asia Pacific International University and was a Dean for the School of Accounting and Finance with a local University.

    His specializes on the Understanding, Implementation and Hands-On training programs on Goods and Services Tax for numerous industries such as manufacturing, oil and gas, construction, logistic, retail, airlines, IPTA and many others. He is a GST trainer of Malaysian Institute of Accountants, Malaysian Institute of Insurance and Malaysia Institute of Corporate Governance.

    Santhanasamy holds an MBA majoring in Finance from University Putra Malaysia. He is a member of the Chartered Accountant of Malaysia, Chartered Management Accountant of UK, and an Associate Member of the Malaysian Institute of Management. He is a Certified Trainer of HRDF. He is a certified GST Tax Agent of Ministry of Finance

    COURSE FEES

    Early bird fee: RM1,378 per person for 2 days - Register by 16 March 2020

    Normal fees: RM1, 590 per person for 2 days

    – SBL claimable (Inclusive of lunch, tea breaks, notes, certificate of attendance and SST 6 %)

    *Group discount of 10% available (for 3 or more participants from the same company)

    ORGANISER

    Malaysian Export Academy
    No. 86, Jalan BP 7/8,
    Bandar Bukit Puchong,
    47120 Puchong, Selangor.

    Tel : 03 8066 3107
    Fax: 03 8066 6152

    MARKETED BY

    Asif International (M) Sdn Bhd
    19-2, Jalan Puteri 2/7
    Bandar Puteri
    47100 Puchong, Selangor

    Tel: 03 8066 3107
    Contact Person : Mohamed Ali Jinnah
    Email : mexportacademy2012@gmail.com

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