Hard on the nerves and hard on the career. Never again be embarrassed by the lack of financial knowledge. This seminar gives you the facts you need to avoid such embarrassing situations. Every minute of this seminar is business specific and practical. No questions go unanswered. And, you will find out how the answers apply to your company, your position, your market and your industry.

Here's how you will benefit...
At the end of the seminar, you will have a working knowledge of the techniques used by business professionals to assess performance for the future...

1. Open the door to the finance department – develop a better understanding of the function and more productive working relationship with finance professionals
2. Build up your financial confidence. Take the hunches out of your decision-making and reduce the unknowns
3. Sharpen your financial skills and competencies for business success. Back up your good ideas with solid financial plans and recognize the flaws in your ideas.
4. Understand the business dynamics of the numbers and dollars and take initiatives that optimize results in line with short and long-term goals
5. Assess your company's performance and vitality by analyzing its balance sheet and income statement
6. Analyze the competition's strengths and weaknesses through a comparative cost and profitability analysis, and an evaluation of liquidity, leverage and cash flow positions.

TEAM ATTENDANCE HIGHLY RECOMMENDED
This is to facilitate successful implementation of the theory learned and establish a common framework to practice in real-life environment.

NOTE

• You are encouraged to bring your company’s financial statements for discussion
• Please bring a standard calculator to use during the case study assignments

Certificate of Participation will be awarded.

WHY ACCOUNTING IS IMPORTANT TO NON-FINANCIAL MANAGERS

• The need for information
• The contrast between Financial Accounting & Management Accounting
• An overview of Corporate Financial Statements and Reports

• The financial accounting framework
• The accounting concepts, principles & policies
• The question of materiality & corporate disclosure

• The Chairman’s Statement
• The Report by the Board of Directors
• Auditor’s Report
• Notes to accounts
• The Balance Sheet
• The Profit & Loss Account
• The Cash Flow Statement

• Accounting ratio computation and interpretation
• Critical areas to be covered by the ratio analysis, viz, Profitability, Liquidity & Gearing
• How to apply investment ratios to evaluate and appraise public listed companies
• Case Study: Ratio Analysis & Interpretation of Corporate Financial Statements

• Investment, Valuation, Risk, Markets, Politics, Globalization
• Companies, Governments, Banks, Intermediaries, Investors

• Business Risk versus Financial Risk
• Risk and Uncertainty

• The objective of maximization of shareholder’s wealth
• The social goals argument
• The separation of ownership and management in big corporations and the resultant conflict of interests between the shareholder’s objective and managerial objective

• The Foreign Exchange & Financial Futures Market
• The Stock Market
• The Money Market

• Basic elements of the decision-making process in investment
• The time value of money
• Future value versus present value