Workshop on Finance for Non-Financial Professionals

Helping non-financial managers to raise their awareness of finance and to use financial information in making business decisions.

As companies strive to enhance their shareholders’ funds there is a greater need to understand financial information, particularly the balance sheet, profit and loss account and cash flow statement. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and a reduction in shareholder value.

This 3 day Finance Workshop aims to raise the level of financial awareness of the participants and enable them to use the financial information provided to them to make better short-term or long-term decisions in managing their business.

Workshop Objectives

By the attending this workshop, participants will

Financial statements

  • Understand the main components of a typical set of financial statements or annual report
  • Appreciate the key underlying accounting concepts used in the preparation of financial statements

Business analysis

  • Know how to interpret financial statements and analyse businesses using the 7-step approach
  • Have performed a SWOT analysis using financial statements

Cash

  • Understand the cash operating cycle and what affects a company’s cash flow
  • Know how to manage the cash operating cycle

Costing

  • Know the different categories of costs which exist and their implication on costing
  • Understand costing concepts, and apply them in making business decisions

Investment Appraisal Tools

  • Understand and apply the payback, net present value and internal rate of return methods of project appraisal in decision making
  • Understand briefly the concepts of shareholder value, gearing and weighted average cost of capital

Budgeting, forex and taxation

  • Have an appreciation of budgeting and the effects of foreign exchange movements and taxation on financial decisions

Who should attend

Directors, managers and any other officers that use financial information in the course of their work and do not have any specialised training in understanding financial information. Prior knowledge of accounting or finance is not required to benefit significantly from this workshop.

Course outline

Day One
  • Introduction
  • Financial Statements
  • Business Analysis
Day Two
  • Cash Operating Cycle
  • Costing
  • Investment Appraisal Tools
  • Budgeting
Day Three
  • Taxation
  • Foreign Exchange Implications
  • Case Study - The Lessons from Amcol
  • ProfitPlus TM Board Game
  • Warning Signals

Date & Time
24 to 26 April 2013
9.00 am to 5.00 pm

Fees
S$1,245 - PwC Clients/alumni
S$1,325 - Public

Fee includes 7% GST, lunch, refreshments and seminar kit.

More information about the seminar, including registration details, is available in the flyer > Download