Financial Management Skills for Managers
Programme Overview
Financial Management Skills for Managers provides participants with the understanding of the core financial aspect for business. The programme empowers participants in making decisions based on financial analysis on the future of their business and to assess the impact of past decisions that were taken. This programme also helps officers with non-financial accounting background to understand the basic elements of financial statements, and what they need to know when reviewing the financials of a company.
Programme Objectives
By the end of the programme, participants will be able to:
- Understand the basic elements of financial accounting and the standards;
- Review financials statements of a company;
- Elaborate the importance of accounting and financial reporting in communicating business results;
- Describe various financial analysis tools apply in analysing financial status of an organisation; and
- Analyse financial information presented in financial statements for making business decision.
Who Should Attend
This course is suited for:
- Officers
- Managers
- Senior Managers
- Executive Directors of the institution
Methodology
Hybrid
Programme Outline
Modules | Programme Description |
Topic 1 | Fundamental of Financial Accounting and Financial Reporting i. The Need for Financial Reporting & Auditing Accounting Assumptions i. IFRS Standards for public listed companies and financial institutions |
Topic 2 | Presentation of Financial Statements i. Statement of Financial Position ii. Income Statement iii. Cash Flow Statement iv. Statement of Changes in Equity v. Notes to the Accounts Analysis i. Analyse Presentation of Statement of Financial Position, Income Statement, and Cash Flow Statement ii. Appraise the Sequence of Preparation of Financial Statements & Their Relationship iii. Accounting Equation iv. Analyse the Effect of CAPEX & OPEX on Financial Statements |
Topic 3 | Financial Analysis Tools i. Vertical Analysis, Horizontal Analysis and Ratio Analysis |
Topic 4 | Role of Auditors and Audit Process i. Planning (Survey or Preliminary Review) ii. Fieldwork iii. Audit Report |
Topic 5 | Corporate Governance i. Key Mechanisms ii. Internal Control Mechanisms (COSO) iii. Line of Defenses |
Topic 6 | Costing i. Variable costs, fixed costs and mixed costs ii. Cost-Volume-Profit Analysis |
Topic 7 | Budgetary Planning i. Basic of budgeting ii. Strategic planning iii. The practice of budgeting |
Programme Delivery
Date | Time |
24 – 25 October 2022 | 8:30 am – 12:00 pm & 1:30 pm – 5:00 pm |
Your Investment
Categories | Stakeholder | Non-stakeholder |
Early Bird
(Register by 30 Sept 2022) |
$1100.00 (80% SBS) | $1260.00 |
Programme Fee | $1100.00 (20% SBS) | $1400.00 |
Download Brochure here