2-Day Course

Financial Statement Analysis & Interpretation For Non-Finance & Accounts Personnel 

8 & 9 April 09

9.00 am to 5.00 pm 

Hotel Armada Petaling Jaya.   

Objectives

Understanding the company goal and policy.Interpreting and Understanding the feature and usefulness of financial statementIncreasing the understanding of Profit vs. Cash FlowFinding out the difference between function interdependence and Budgets as Effective Business Tools.Applying necessary concept and techniques associated with Profit Planning and Maximization. 

Course Outline  

• Formulate Budget as element of cost control
• Budgeting Methods and Technique
• Types of Budget
• Relevance of Prior Year Figures
• Flexible Budget  
• Financial Management Objective and Goal  
• Corporate objective
• Types of Information
• Overview of Financial Report  
• Techniques for Analyzing Corporate Performance  
• Income Statement
• Balance Sheet 
• Cash Flow Statement
• Overview of Primary and Secondary ratio 
• Industry Norm 
• Limitation 
• Financial Forecasting and Projection 
• Early identification of Financial Distress
• Cash Flow in Perspective
• Profit vs Cash Flow
• Forecasting Assumption
• Potential Remedial Action
• Technique in Profit Planning  and Cost Control
• Critical Profit bases on Income, Return On Investment, Residual Income 
• Inter-Relationship of Fixed and Variable Cost
• Activity Based Costing
• Absorption Costing
• Technique for maximum Profit 
• Marginal Cost and Break Even Analysis
• Assumption used in Analysis
• Interpretation of Result
• Margin of Safety
• Limiting factors faced in Profit Planning 
• Change in Product Mix 
• Practical Application in Business Decision on Pricing Decision ~ Make-Buy, Shut Down   
• Tools for Monitoring Cost to  achieve effectiveness

Who should attend 

Marketing/ Sales personnel, Executives, Managers, Staff involved in Costing, staff involved in Finance and those who are interested to learn more about financial and cost analysis.    

Methodology

This workshop will include lectures, group discussions, and case studies.   

Methodology

Lecture, Discussion & Exercise   

Course Leader :  

Mr. Tam Fook Cheong is a fellow member of the Charted Association of Certified Accountant (FCCA), Associate Member of the Chartered Institute of Management Accountant (ACMA) and a Chartered Accountant of the Malaysian Institute of Accountant (CA).

Mr. Tam has more than 25 years of working experience in Finance, Accounting & Administration and has held various Managerial Position in the Oil and Gas industry.  Mr. Tam has been a regular speaker for various seminars, workshops as well as in-house training organized by Management Consulting firm and Australia Society of certified public Accountant.

As a prolific trainer, he has presented numerous papers in Accounting and Corporate Finance related topics throughout Malaysian and Singapore. In addition, he has been lecturing extensively in various colleges for the past 20 years specializing in Strategic Finance Management, performance Measurement, Financial Reporting for various professional examination, namely ACCA, MICPA and ICSA.

Currently, Mr. Tam is also a local counselor in the Finance Module of MBA for a distance learning program and MSC Finance.  

Course Fee: CLAIMABLE UNDER HRDF / SBL SCHEME 

• RM 880.00 per participant
• RM 830.00 Per Participant for 2 or more  participants