[01] COURSE INTRODUCTION
Understanding the role of finance is crucial for executives, especially those at the beginning of their careers. Finance is not just a department but a fundamental aspect that impacts every part of an organization —from daily operations to long-term strategic decisions. Every decision carries financial implications, affecting a company's profitability, liquidity (ability to meet daily obligations), solvency (long-term survival) and cash flow management.
As professionals advance in their careers, a deeper understanding of finance becomes essential. This includes areas like financial reporting, financial analysis, budgeting and risk management.
This program offers a comprehensive introduction to finance, providing participants with a clear overview of the key financial concepts and practices. It will also help participants identify specific financial skills they may need to acquire as they take on new roles and responsibilities throughout their careers.
[02] COURSE OBJECTIVES
Management team and employees without Finance and Accounting Basic will benefit from the followings:
• Grasp the fundamentals of finance and its significance within an organization
• Explore the structure and purpose of key financial statements
• Distinguish between cash flow, profit, and net worth
• Comprehend cost concepts and how costing informs pricing strategies
• Learn how to apply tools and financial ratios to help in decision-making
• Gain an overview of project appraisal, the time value of money, and the essentials of business valuation
[03] WHO SHOULD ATTEND
• Management Team without Finance and Accounting Basic
• Employees without Finance and Accounting Basic
[04] METHODOLOGY
Interactive Lectures plus hands-on approach, examples & discussions
[05] DATE, TIME & FEE
Date: 20 November 2024 (Wed)
Time: 9.00am - 5.00pm
Mode: Online/ Interactive
FEE
[ HRDF Claimable ]
- Early Bird Offer (before 5 Nov 2024) – RM640
- Special Offer (before 17 Nov 2024) – RM680
- Normal Fee – RM700
>> Fee includes Course Notes, Meals, Certificate of Completion & 8% Service Tax
** OFFER **
- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.
HRDCorp Claimable Course:
Trainer MyCoiD: 429594X
Course Scheme: HRDCorp Claimable Course
Course Type: Remote Online Training (Public)
Course Code:
[06] COURSE OUTLINE
Module 1 - Introduction to Basic Accounting
• Accounting Cycle
• Accounting Principle
• Financial Report
• Financial Report User
Module 2 - Understanding Income Statement
• Differentiate
○ Operating Income
○ Non-Operating Income
○ Operating Expenses
○ Non-Operating Expenses
○ Gross Profit
○ Net Profit
Module 3 - Relationship between Income Statement and Taxation
• Explaining basic business taxation
• Explaining how does Income Statement affecting taxation
Module 4 - Financial Analysis & Risks Management
• Financial Analysis
○ Liquidity Ratios
○ Activity Ratios
○ Leverage Ratios
○ Profitability Ratios
• Risks Management
○ Systematic Risks
○ Unsystematic Risks
Module 5 - Cashflow Statement
• Cash Inflow
• Fixed Cash Outflow
• Variable Cash Outflow
Module 6 - Budgeting and Variance
• Simple Cash Budgeting
• Variance of Budget and Actual Situation
Q&A Session
End of Training
[07] TRAINER PROFILE
ERIC CHEONG
HRDF Certified Trainer
Cheong graduated from University Science Malaysia with a Degree in Social Science (Major in Economics). He is a specialist trainer in accounting, finance, taxation and investment.
[08] ENQUIRY & REGISTRATION
Enquiry: yes@sst2u.com
Contact:
- Whatsapp Only (012 - 824 8874)
- General - (03 - 8604 7270)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Nisa (019 - 851 5134)