Skip to Content

HYBRID TRAINING !!! FINANCE FOR NON FINANCE PROFESSIONALS (18 & 19 FEB 2025)

Please call 012-588 2728

 email to pearl-otc@outlook.com

 

HYBRID PUBLIC PROGRAM

FINANCE FOR NON FINANCE PROFESSIONALS

(** Choose either Zoom OR Physical Session)

Remote Online Training (Via Zoom)  &

Wyndham Grand Bangsar Kuala Lumpur Hotel (Physical)

  (SBL Khas / HRD Corp Claimable Course)

Date : 18 Feb 2025 (Tue)   |  9am – 5pm                 By Joyce

19 Feb 2025 (Wed)  |  9am – 5pm           .        .

 

 

OVERVIEW

In today’s changing business conditions and intense competition, there is a need for all functional or business heads to grasp, understand and apply fundamentals of financial accounting knowledge in respective areas or business units to be all rounded professional managers. Moving forward, most functional and business managers are expected are deemed ‘owners’ of the profit & loss numbers!

 

By acquiring this skill, this will enable them to better understand and analyses financials statements, contribute effectively in the budgeting process and makes effective decision in investment and project selection. This programme will highlight methods used by finance function which are relevant today for management decision support.

 

Who should attend: Professionals, Senior Managers, Managers, Executives who had no formal training in accounting & finance but wish to understand and interpret financial statements and enhance financial management & budget setting process.

 

OBJECTIVES

On completion of the programme, participants will be able to:-

-       Master the interpretation of financial statements

-       Identify key financial concerns via variance analysis for financial sector products.

-       Know how to analyse and evaluate key financial indicators in view to contribute towards improving organisation’s performance

-       Understand the concepts, language and basic rules of accounting & finance.

-       Equip oneself with knowledge in order to effectively manage a business organization.

 

TRAINING APPROACH

Where appropriate, activities will include the following:

·         Lecture & Videos

·         Faciliated Group Discussions & Quiz

·         Practical exercises and case studies

 

DURATION

2 Days (9.00 am – 5.00 pm)

 

OUTLINE OF WORKSHOP

 

DAY 1

 

1.        Introduction to Finance Accounting & Finance Analysis

 

2.       Building Financial Knowledge:

-         Financial Terminology

-         Practical understanding of practical finance and accounting concepts

 

3.       Understanding financial statements

-         Types of financial statements: Profit & Loss, Cash Flow, Balance Sheet & its importance and usefulness

-         Evaluation business performance and viability through:

·     Margin analysis

·     Return of Investment (ROI), Gearing (leverage) & liquidity ratios

-         Learn the golden rule of financial management (personal & company finance)

·     Working capital management

·     Why rich companies get richer?

·     Cash versus profit measures

 

4.       Management reporting: Variance Analysis

-        Understanding essentials of variance analysis & how variances are calculated.

-        What causes budget variances?

DAY 2

 

5.       Budget process

-        Overview of Top Down and Bottoms Up budgeting and forecasting process & methodologies with simple practical exercises.

-        Importance of assumptions and SWOT analysis for budget setting exercise.

-        Identify which cost element which are difficult to forecast

-        Capital Expenditure and Revenue Expenditure Concepts.

 

6.         Understanding budget via understanding of cost

-        Cost element classification

-        Value Costing

-        Costing methods and structure

-        Identify firm’s Cost drivers

-        Different types of cost – fixed, variable

-        Breakeven and contribution analysis

 

7.       Cash Flow Statement & Management

-        Ten Tips for Managing Cash Flow for Companies

-        Understanding operating cash flow by work capital management

-        Working Capital Management definition and its importance in cash flow management

-        Managing company inventories for enhancing cash liquidity

-        Understanding Cash Flow Statement Components for forecasting

-         Sample CF format case study interpretation.

 

 

** Certificate of attendance will be awarded for those who completed the course

 

ABOUT THE FACILITATOR

 

JOYCE 

  • Chartered Accountant, Fellow ACCA UK (Year 2008) and MIA (Year 2003)
  • Certified Train the Trainer (TTT), PSMB, 2015 No: 13320
  • Certified Neuro Linguistic Programme (NLP) Practitioner & Certified TimeLine Therapy NLP Coach, 2017 (ABNLP) & Licensed Hypnotherapist (Association of Hypnotherapy Practitioners Malaysia AHPM 2017)
  • Certified Change Management Practitioner (PROSCI USA – 2017)

 

Joyce is a Fellow Member of Chartered Association of Certified Accountants (ACCA), United Kingdom (UK) and a Chartered Accountant member of Malaysia Institute of Accountants (MIA). Her career began in one of the largest Malaysia conglomerate, Berjaya Group of Companies in role of a group financial accountant. She then moved into telecommunications (Maxis Communications, Nokia Networks) and ICT industry (IBM Malaysia) in various roles in management, business & operational finance, finance analysis, planning & budgeting. Since year 2012 & beyond, she was headhunted to join one of the established regional and global FMCG food/beverage, finance tech and recently, Avon, a global cosmetics single and multi -level marketing industry in a senior commercial finance leadership role.

 

Her interest in training and facilitation began in Nokia Networks Malaysia when she was requested to train business managers the essentials of finance analysis, Sarbannes Oxley (SOX) compliance requirements and interpretation of financials.

 

Due to passion and interest in public speaking, training and development she was the Past President of Malaysian Insititute of Human Resource Management (MIHRM) Toastmasters Club in year 2007-2008. She successfully obtained Advance Communication Bronze, Advanced Communication Silver (ACB, ACS) and Competent Leader (CL) communication awards from Toastmasters International, USA.  In addition, she was Past President of Rotaract Club of Port Klang Centennial, part of Rotary International Organisation.

 

What you can expect from Joyce is the ability to explain some how complex financial concepts in layman’s terms. Plus point is her vast experience in business, finance, accounting & people management gained in Malaysia PLCs and global multi-national companies will enriches participants’ knowledge and increases their aptitude for appreciating the intricate subject of Finance and Management. She also familiar with training of junior accountants in shared services accounting function environment due to exposure in IBM Malaysia in shared services regional accounting & finance center. 

 

She has conducted various programs such as:

  • Finance for Non Finance Personnel & Managers
  • Use of Financial Information for Strategic Cost Management
  • Effective Financial Management.
  • Effective Credit Control Management and Processes
  • Business Accounting & Accounting Functions
  • Budgeting & Strategic Planning
  • Financial Wellness & Literacy Workshop: Money and Me programmes.
  • Accounting standards workshop and training

 

The list of clients who had benefitted from her expertise were:

  • PMI Industries Sdn Bhd, & Mackenzie Industries (subsidiaries of Wah Seong Group)
  • Star Media Radio Group of Companies
  • MyWIN Academy Berhad (Prime Minister’s Department)
  • Wah Seong Group Corporation Berhad
  • Clipsal Manufacturing (Schneider Electric)
  • Bintulu Development Authority (BDA)
  • Sudong (subsidiary company of Singtel Telecommunications Inc) Malacca & Klang
  • UMW Corporation Berhad SL1M programmes
  • Gentpac Malaysia (Shared Services Accounting and Finance Center)
  • UEM Edgenta Malaysia Berhad
  • Construction Industrial Development Berhad (CIDB)
  • Malaysian Communications and Multimedia Commission (MCMC)
  • Amway Malaysia Holdings Berhad
  • Salcon Engineering Berhad
  • Malakoff Corporation Berhad (MCB) and subsidiaries.
  • Human Resource Development Fund (HRDF) Finance Public Programmes: PENJANA for Small & Medium Size (SME)

 

(SBL Khas / HRD Corp Claimable Course)

training Fee

14 hours Remote Online Training (Via Zoom)

RM 1,296.00/pax     (excluded 8% SST)

2 days Face-to-Face Training (Physical Training at Hotel)

RM 1,900.00/pax     (excluded 8% SST)

Group Registration: Register 3 participants from the same organization, the 4th participant is FREE.
(Buy 3 Get 1 Free) if  Register before 10 Feb 2025. Please act fast to grab your favorite training program!

 

We hope you find it informative and interesting and we look forward to seeing you soon.

Please act fast to grab your favorite training program! Please call 012-588 2728

or email to pearl-otc@outlook.com

 

Do forward this email to all your friends and colleagues who might be interested to attend these programs

 

If you would like to unsubscribe from our email list at any time, please simply reply to the e-mail and type Unsubscribe in the subject area.

We will remove your name from the list and you will not receive any additional e-mail

 

 

Thanks 

Regards

Pearl

 


by "sump@otcsb.com.my" <sump@otcsb.com.my> - 04:16 - 21 Jan 2025