Quality Dynamics Consultancy Sdn Bhd presents

Finance for Non-Finance Managers/Executives

(by Mr. Thye Foot Leong )

objectives

Financial management is of key strategic importance to the life of corporations. One of the most important tools in being successful manager is the skills to manage resources
effectively. Managers as Executive Officers are expected to make sound financial choices to ensure the strength of the corporation.

The Practical Financial Essentials Program for Non Finance Managers and Executives
aims to help them develop greater skill in understanding financial management and
strategic budgeting, assessing financial information to build success, and establishing
effective systems for resource management.

program content

MODULE 1 :  INTRODUCTION AND CONCEPTS IN FINANCIAL    MANAGEMENT

Build a strong foundation to understand the various aspects of financial management
components that drive cost effectiveness and higher profitability.

     •    The challenges and role of financial management
     •    The structure and forms of business organizations in Financial Management
     •    Strategic Business Planning Process and Planning Needs
     •    Contrast between Management Accounting and Financial Accounting
     •    Budget & ABC Costing techniques in financial management
     •    Cost-volume-profit analysis-behavior of costs, break-even analysis and
           profit volume analysis
     •    Tools for effective Management of Companies
     •    Case Discussion: Why Companies Fail?
     
MODULE 2 :  CLASSIFICATION OF EXPENSES AND COST CENTRES

Learn to use this tool to control and manage business results of both the organization
and its business units so that financial objectives are achieved eventually.

     •    Importance of analyzing costs accurately and cost management
     •    Understand the various cost classification for effective costs management
     •    Appreciate various type of costs and cost behavior
     •    Learn the techniques used to manage costs
     •    Understanding depreciation and its implications to financial statements
     •    Treatments of accruals, prepayments and provisions

MODULE 3: CASH FLOW MANAGEMENT

Learn how to find the various ways to create cash liquidity and to improve the working capital position to meet payment demands to sustain business operations

     •   Be familiar with the principles of working capital management
     •    Understanding operating cash cycle, credit management and
           inventory management
     •    Managing cash inflow and outflow of company
     •    Monitoring expenditure and managing capital expenditure
     •    Improving cash flow for corporate survival.

MODULE 4 : FINANCIAL STATEMENTS

Be equipped with knowledge not only to know about the business performance of the company (and its business units), but also to be able to zero in on critical areas for performance effectiveness. Measure and determine financial strengths of the organization to prevent a decline in its business viability.

     •    Overview of the conceptual framework of accounting
     •    The accounting equation – assets, equities and owners’ equity
     •    Understanding and Interpreting Income Statement
     •    Understanding and Interpreting Balance Sheet statements
     •    Understanding and Interpreting Cash Flow Statements
     •    Demystifying the Financial jargon and key terminologies
     •    Using Ratio Analysis for monitoring financial health and improving
           financial   strength

MODULE 5 : FINANCIAL ANALYSIS

With the use of effective financial analytical tools to measure the business performance, the company and its business units can effectively geared itself for greater profitability.

     •    How to interpret and analyse Financial Statements
     •    Tools in Financial Analysis – Horizontal, Vertical and Ratio Analysis
     •    The major Financial Ratios and its Implication on business performance
           and profitability
     •    Ratio used in measuring asset efficiency and liquidity
     •    Measuring business performance from Financial Perspective
     •    Uncovering “Creative Accounting” & “Window Dressing” Activities


MODULE 6 : CASE STUDY – FINANCIAL MANAGEMENT FOR SUSTAINABLE BUSINESS PERFORMANCE

The highlight of this workshop will be a case study that allows for the participants to use and apply their newly-acquired financial management knowledge on helping organization improves its financial position based on key financial data which they will be given. 
Putting them in a position as a Financial Director, this case study is designed to inculcate in the participants the importance of financial management knowledge, without which will weaken the financial position of the organization.

Essentially, the case study is structured to do the following:
     •    Sound interpretation of key financial areas and their significance to
           healthy  financial performance of an organization.
     •    Accurate identification of key financial areas of these financial statements
           to determine and evaluate the performance of the organisation
     •    Critical evaluation of these financial statements to spot their existing
           strengths and weaknesses for the purpose of providing inputs on
           how they can be improved.


 

methodology

The training method used is designed to assist participants to grasp the fundamentals
and understanding of Financial in a short time.  The approach adopted induces maximum retention of what is learnt.  There is ample discussion time structured into the workshop to enable participants to learn effectively through active participation.

who must attend

The workshop is designed for all entrepreneurs, managers and executives without
formal financial training.  The workshop is of particular relevance to non-financial  
executives who desire a more thorough knowledge of finance to meet company goals
and objectives.

investment fee / early bird by 01/02/2012

Standard: RM 1,180.00 / RM 1,065.00 per participant

Group discount: RM 1,130.00 / RM 995.00 per participant for a minimum of 2 participants from the same company

(Fee inclusive of Refreshment, Buffet Lunch, Training Bag, Handouts,  & Certificate of Completion)

registration & payment

PROGRAMS ARE CLAIMABLE UNDER SBL SCHEME

Please register online through www.qdc.com.my or call 03-78054587 / 03-78044196. Our phone line operation hours are from 8:30am to 6:00pm from Monday to Friday.

All registration MUST be accompanied with PAYMENT.

Completed registration form with CHEQUES should be made in favor of "Quality Dynamics Consultancy Sdn Bhd" and sent to:

QUALITY DYNAMICS CONSULTANCY SDN BHD
No. 343, Block A, Kelana Centre Point, No.3 Jalan SS7/19,
Kelana Jaya, 47301 Petaling Jaya,
Selangor, Malaysia.

Tel : 03-78054587 / 03-78044196
Fax: 03-78054514
E-mail: training@qdc.com.my
( Wani/ Thang )

PSMB Reg: 0938

(FEE PAID IS NOT REFUNDABLE but replacement may be made at no additional cost. Quality Dynamics Consultancy Sdn Bhd reserves the right to cancel or reschedule the above course and shall inform participants of the changes)

COURSE FACILITATOR - MR. THYE FOOT LEONG