Improve the quality of your financial decisions for non-financial people who know little or nothing about counting and finance. Master the numerical side of your business & enhance your performance and potential.

 ž Plan & manage capital expenditure

ž Formulate & control budgets

ž Size up your competitor’s financial, Health Measure profit margin for

     Effective decision making

ž Plan accurately your costs

If …….

á     You have a tough time answering questions about costs & costing....

á     You have overlooked key points in your company’s financial statements....

á     You started debating with your financial executives & their facts & figures leave you at a loss....

á     You submit your budget & have a hard time justifying it....

á     You have felt lost when reading financial reports 

á     You suggest what you consider to be a good business idea & discover....

 Don’t miss this opportunity to clear grey areas.

 This intensive & practical course is designed for the practicing managers/executives who want a better understanding of the most important tools & techniques of financial analysis & management help you make more profitable decisions.

 Interpret and analyze financial statements Use profit planning tools, break-even analysis, financial forecasting and other methods to construct a workable profit plan

The Course Leader is an experienced accountant with substantial “hands-on”  

Knowledge. This practical course designed for the non-financial executive - aims to provide you with a working knowledge of finance. Real life situations and case studies will be presented to illustrate the use of financial principles and how they relate to your daily management decisions and control. Don’t be held back by the lack of financial knowledge! Equip yourself with the skill & confidence to demand answers that are usefully explained to you instead of being buried by financial jargon!

COURSE OUTLINE: Day 1

 9.00am   WHY MANAGEMENT NEEDS FINANCIAL REPORTING

¤ The role of financial Information in Business

¤ What you need to know - the financial picture

¤ Types of financial information

     Individual Activity

 10.20am   THE FINANCIAL ORGANIZATION OF BUSINESS    

¤ Understanding your Balance Sheet

¤ The connection between equity, external financing and investment

¤ Objectives of business – PROFITS. 

     How profits may be defined for management analysis          

     Group Discussion & Presentation

 12.00pm   ACCOUNTING SYSTEMS IN PRACTICE

¤  From business transactions to the financial statements

¤ The rule of debit and credit in essence

2.00pm   CORPORATE FINANCIAL STATEMENTS - AN OVERVIEW

¤ The Chairman’s Statement - what you should report

¤ Directors’ Report - significance &    content

¤ Auditors’ Reports

¤ Notes to the Accounts

¤ Balance Sheet, P&L and the new Cash Flow Statement Auditors’ Reports

Role Play, Activity & Group Exercise

4.30pm    UNDERSTANDING THE NEW CASH FLOW STATEMENT MEANING OF THE NEW FORMAT

¤ Distinguishing between profits and   cash flow

¤ Tying in with Activity Based Management (ABM)

5.30pm          End Of Day 1

COURSE OUTLINE: Day 2

9.00am   FINANCIAL ANALYSIS USING KEY RATIOS TO ANALYZE BUSINESS PERFORMANCE

 ¤ Profitability Evaluation

 ¤ Liquidity Criteria

 ¤ Asset Management

 ¤ Working Capital Management

 ¤ Shareholder Return reporting

 ¤ Have we borrowed too much?

 ¤ Understanding key financial

 ¤ Indicators (Workshops and work – along sessions)

10.20am   THE FRAMEWORK OF BUDGETARY CONTROL

¤ What budgets do

¤ The budget sequence
¤  Types of Budget

11.30am   PLANNING FOR SALES - YOUR STARTING POINT                                   
¤ Customer Analysis for Sales
¤ Using projected Sales to get projected financial statements

      Individual Activity

2.00pm    COST MANAGEMENT

¤ Types of Costs

¤  The ABM Approach

4.30pm    USING FINANCIAL MODELING FOR MANAGEMENT MONITORING &          

                CONTROL

¤ Case Studies, Assignments & Practical Pointers for success

5.30pm             End Of the Course

COURSE TRAINER

LEE FOK CHONG, BA (M), FCMA, MCIM is currently a financial & management trainer and consultant. Prior to starting his consultancy business, Mr Lee was the General Manager of a public listed group of companies with interest in trading, manufacturing & property development.

He has more than 20 years of experience in Finance & Accounting and Administration and has held various senior positions in a number of large organizations.

He has conducted financial & credit management courses for all the major corporations in Malaysia & the region. His courses are practical, relevant, hard-hitting drawing upon his years of corporate experience.

He has the ability to make financial courses easy to understand & interesting.

 He is a member of the MIA, CIMA (UK) & a Member of CIM (UK).

Mr Lee is a regular speaker and has conducted seminars & courses for various institutes of higher learning including The National Productivity Centre and Malaysian Institute of Management. Since 1991, he has been lecturing in the Finance & Accounting Module of a MBA distance learning programme.

 He has also conducted many public & in-house training programmes for  Petronas Group, Genting Group, Nestle, Sharp, Celcom, Telekom, Tenaga Nasional , Bank Negara, Maybank, Holiday Inn (Kuching & Damai), Rasa Sayang Hotel, Ming Court Hotel, Sarawak Economic Development Corporation, Gold Coin, Kerjaya Balfour Konsotium among others.

 Teaching Methodology

A combination of class lectures, case studies or examples and group discussion. The course will be intensive but practical and highly interactive.  There will be a question-and-answer session to allow participants enough time to seek answers to grey areas and to seek clarifications to any misconceptions or problems they may have regarding the subject concerned to the course.  There will also be some indoor experiential activities to enhance learning.

Certification

At the end of the course participants will be presented a Certificate of Accomplishment as testimony to their commitment to professional development & further education. Landasan reserve the rights of all changes of whatsoever for all courses including the change of the trainer if the trainer is not available at the date of delivery.  

Comprehensive Manual

A compilation of valuable information, case studies and reading material will be presented to all registered delegates.

Course Timing

Your Investment on this course is:

US$ 5000 (US$ Five Thousands per participants) this fees includes Half board accommodation (4 stars min), airline ticket in economic class, the training (training room, trainer, notes, certificates) city tours.