Business Financial Skills For Non-Financial Executives With Business Simulation ‘Going For Profit’

Original price was: RM1,300.00.Current price is: RM850.00.

 Business-Financial-Skills-For-Non-Financial-Executives-With-Business-Simulation-Going-For-Profit-hrdf-trainings

Introduction:

Most of us flinch when we hear terms like depreciation, cash flow, balance sheet, and budgets. However, these are important concepts to understand if you are going to succeed in today’s business world, particularly as team leads, supervisors, or managers.

How Will You Benefit

What you will learn:

  • Basic finance and financial management
  • The Accounting Cycle
  • Key reports: Income Statement, Balance Sheet, Cash Flow Statement
  • Keeping Score: Chart of Accounts; Single vs. Double Entry Accounting
  • Debits and Credits
  • Financial Analysis Toolbox
  • Identifying High and Low Risk Companies
  • Basics of Budgeting

Upon completion of the training you will be able to…

  • Describe the art of finance and key financial terms
  • Determine your role in company finances
  • Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
  • Explain how a chart of accounts is created
  • Explain single-entry and double-entry bookkeeping
  • Differentiate between debits and credits
  • Identify and analyze important financial data and make financial decisions
  • Determine whether a company is financially high or low risk
  • Explain what budgets are and how to prepare them

Who Should Attend

Managers, Executives, Supervisors, Team leads who have a vague understanding of accounting and finance in business operations. In this competitive and fast-moving, changing business environments – every employee should possess entrepreneur competencies – understanding the dollars and cents of businesses.

Methodology

Guided interactive learning – practical exercises – videos – case studies – examples.

Module

  • GETTING THE FACTS STRAIGHT
  • THE ACCOUNTING CYCLE
  • THE KEY REPORTS
  • KEEPING SCORE
  • DEBITS AND CREDITS
  • YOUR FINANCIAL ANALYSIS TOOLBOX
  • IDENTIFYING HIGH AND LOW RISK COMPANIES
  • IDENTIFYING HIGH AND LOW RISK COMPANIES

Fee: RM 850 per pax


Loyalty Points: 850 Points


Duration: 1 Day


Note: In-house course is available. Request it HERE

Trainer

Wendy Tee Leap Sing

Biodata:
Wendy Tee Leap Sing graduated with a Master in Business Administration (1998) and Master of Information Technology (2000) from Universiti Malaya (UM). She is also a Certified Financial Planner (CFP) of the Financial Planning Association of Malaysia (2002). The UM-Certified Business Coach (2010) is a Registered Financial Planner (RFP) of the Malaysian Financial Planning Council (2006). Wendy is also a Certified Train the Trainer of the Pembangunan Sumber Manusia Berhad (PSMB) (2006) and a Certified Advance Human Resource Practitioner of the Malaysian Institute of Human Resource Management (MIHRM). She has passed the GST Agent examination and GST examination conducted by the Royal Malaysian Customs Department (RMCD).She has over 15 years of experience in senior management positions for diversified industrial and business environments. For the past ten years, she has been involved in lecturing and training.