SMART Financial Statement Analysis for Senior Executives is a one-day workshop which aim to provide fundamental knowledge of accounting and finance for senior executives in marketing, operations, HR & IT, entrepreneurs, CEO and self-employed professionals with non-finance background. It demystifies finance by explaining simply and clearly what the key financial statements mean, how they work and relate to each other and how to apply key management ratios to evaluate the strengths and weaknesses of the business operations.
Objective
By the end of the course, learners will be able to understand:
- The Nature & Role of Accounting
- Desirable Qualities of a Financial Report
- Accounting as an Information System
- Financial & Management Accounting compared
- Fundamental Accounting Policies, Concepts and Assumptions
- Objectives of Financial Statements
- User groups & their areas of interest: Internal & External Stakeholders
- Essential financial analytical techniques to examine the performance of the business
Outline
- Basic Financial Statements
- Balance Sheet
- Current assets
- Fixed assets
- Liabilities
- Shareholders’ funds
- Capital employed
- Net worth
- Working capital
- Long & short balance sheet analysis
- Profit & Loss Account
- Timing adjustments
- Distribution or appropriation of profits
- Cash Flow Statement
- Operating cash cycle
- Relationship between depreciation & cash flow
- Non-operating cash outflows & inflows
- Interpreting Auditors’ Reports
- Objectives & scope of audit
- Reasonable assurance
- True & fair view
- Auditors’ opinion:
– Unqualified, emphasis of matters, qualified, disclaimer, adverse opinion
- Analysing Performance of an Enterprise
- Liquidity Ratios
- Profitability Ratios
- Solvency Ratios
- Asset Management Ratios
- Stock Market Ratios
Course Duration
1 day
Who Should Attend
Senior executives from Marketing, Operations, HR & IT, Entrepreneurs, CEO and self-employed professionals, including anyone who need to analyse financial statements
Methodology
This course will be conducted in a conducive environment where quizzes and group work will be used to reinforce learning. Illustrations and real-world examples from the trainer and participants experiences will be shared during the course. Published accounts of public-listed companies will be used to facilitate.
For Self Sponsored Participants:
SkillsFuture Credit is applicable for Singapore Citizens aged 25 years old and above only
COURSE SCHEDULE DETAILS ARE AS FOLLOWS:
FULL TIME COURSE FEE : $400/-
Registration, material, & refreshment fees @ $50/-
TOTAL fees:$450/-
Students will receive the SMART Financial Statement Analysis For Senior Executives, upon completion of the course (subject to conditions).
NEXT INTAKES TARGET DATE:
FULL TIME: 1) Weekday/Weekend (1 day from 9am to 5pm)
a) Oct 30 2024, 9am to 5pm
b) Nov 27 2024, 9am to 5pm
Minimum of 10 pax to commence and status will bel be updated, one week before the start date.
***COMPLIMENTARY SUPPORT AFTER CLASSROOM HRS
SPECIAL FULL TIME for weekday or weekend :
We offer customized class to meet the skills needs for you and organization.
Minimum of 4 pax to commence and status will be updated, one week before the start date.
PRIVATE COURSE (one to one learning – subject to availability of Trainer), can be arranged.
Call 63362470(O) or 91008556(Maria) to find out more or to register for the forthcoming Intake.
Email: maria@rajascollege.edu.sg or info@rajascollege.edu.sg