Finance for Non-Finance Executives

Finance for Non-Finance Executives


Date : 14 January 2021
Time : 09:00 am - 05:00 pm
Venue : Webinar


OBJECTIVES

In today’s diverse and ever changing business environment, it is crucial for all non-finance executives 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:-

 

1) 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

 

2) 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

 

3) 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

Remote online learning – interactive virtual classroom with exercises & case study

 

NOTE: SIMPLE CALCULATOR REQUIRED

 

 

PRE-REQUISITE

  • Good Internet / wifi connectivity
  • Laptop / handphone with camera
  • Headset with mic

 

PRE-REQUISITE

  • Good Internet / wifi connectivity
  • Laptop / handphone with camera
  • Headset with mic

 

MODULE TOPICS
MODULE 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
  • Cash Flow verses Profit
  • Activity
MODULE 2

FINANCIAL STATEMENT ANALYSIS

  • Important terms Accruals, Prepayments &  Depreciation
  • Ratio Analysis
  • Profitability
  • Efficiency
  • Liquidity
  • Gearing

 

ACTIVITY - CASE STUDY

Analysing  A public listed  company’s financial statements

 

MODULE 3

BREAK-EVEN ANALYSIS & DECISION MAKING

CLASSIFICATION OF COSTS

  • Profit Statement
  • Decision Making
  • Calculating Break-even point
  • Exercise
MODULE 4

CAPITAL INVESTMENT

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

 

G

Gerald Peries


GERALD PERIES received his Master of Business Administration and Bachelor of Science Degree in Finance from Southern Illinois University, U.S.A.

 

 

Gerald has over 20 years’ experience in training and lecturing for various business organisations and private colleges & universities.  His areas of expertise are in Finance and Accounting.

Gerald combines a wide range of practical and hands-on training experience in a challenging and interactive environment.

 

 

At present he regularly conducts training programs on Handling Full Set of Accounts/Book-Keeping Skills, Enhancing Your Accounting Skills, Cash Flow Management, Practical Budgeting Skills, Finance for Non-Finance Managers and Project Cost management & Decision Making.

 

 

He is also actively involved in lecturing on several M.B.A. and Degree programmes affiliated with Binary University.

 

 

Prior to this, he served as a Finance Manager for a large engineering company for several years where he was responsible for making investment, costing, financing and working capital decisions.

 

 

His specific duties among others were as follows:

 

 

Evaluating the viability of long-term projects and making appropriate recommendations to the board of directors.; Costing for Projects and preparing quotations; Sourcing for appropriate financing upon approval of projects; Preparing the budgets for projects, ensuring compliance and investigating any deviations; Reviewing management accounting information with other departments and making presentations to the board of directors and Managing the day to day running of the finance department.

 

 

He is also a certified trainer with PSMB (Perbadanan Sumber Manusia Berhad).



Price

RM 470.00

Subjected to 6% SST

21

1 Day/s

Webinar

HRDF SBL Claimable

CPD Points & Certificate of Attendance Will be Provided