Read, Analyze & Interpret Financial Statements

“The ability to read, analyze and interpret financial data in the financial statements of an entity is no longer consideran advantage but rather the inability to do so is consider a serious handicap.”

These financial summaries of a business entity’s operation and position served as key documents in evaluation of relationship between the entity and its many stakeholders. Such relationships may include investing, business partnership, credit assessment, etc.

TRAINING OBJECTIVE

  • To provide an understanding of financial information and their importance in managing businessactivities.
  • This includes providing a framework for managers and executives to undertakeevaluation of financial information to enhance their decision making effectiveness

WHO SHOULD ATTEND

  • Managing Directors/ CEO
  • Accountants
  • Financial Controllers
  • Accounts/ Finance Managers/ Executives
  • Admin Executives
  • Personnel istration Managers/ Managers/ Executives
  • HR Managers/ Executives
  • Entrepreneurs

METHODOLOGY

Interactive Lectures plus hands-on approach & Case Study

TRAINING CONTENT

Company Financial Reporting Requirement

Types of business organisations

Accounting for limited companies

The classification of assets, liabilities and equity in financial reporting

Measuring and reporting financial performance and financial position of limited companies

Measuring and reporting cash flows of limited companies

Introduction to company financial reporting requirements in Malaysia

Overview ofa company annual report

PROGRAM SCHEDULE
Day 1
8:30 a.m. – 9:00 a.m. / Registration
9:00 a.m. – 10:15 a.m. / Training Start
10:15 a.m. – 10:30 a.m. / Morning Break
10:30 a.m. – 1:00 p.m. / Training Continue
1:00 p.m. – 2:00 p.m. / Lunch
2:00 p.m. – 3:30 p.m. / Training Continue
3:30 p.m. – 3:45 p.m. / Tea Break
3:45 p.m. – 5:30 p.m. / Training Continue
5.30pm / End of Day 1
Day 2
8:30 a.m. – 9:00 a.m. / Registration
9:00 a.m. – 10:15 a.m. / Training Start
10:15 a.m. – 10:30 a.m. / Tea Break
10:30 a.m. – 1:00 p.m. / Training Continue
1:00 p.m. – 2:00 p.m. / Lunch
2:00 p.m. – 3:30 p.m. / Training Continue
3:30 p.m. – 3:45 p.m. / Tea Break
3:45 p.m. – 5:30 p.m. / Training Continue
5.30pm / End of Training

The Balance Sheet

  • Assets, their valuation and their disclosure
  • Liabilities, their recognition and their disclosure
  • Shares
  • Reserves, their creation and their disclosure

The Income Statement

  • Revenue, when they can be recognized and their impact
  • Expenses, their impact on actual profits and taxes
  • Taxes and Financing costs
  • Profits and what they mean

The Cash Flow Statement

  • Operating activities, what it really mean
  • Financing activities, their impact on the business
  • Investing activities and the future

Other Statement

  • Illustration

Financial Analysis

  • The demand for financial analysis
  • Creative accounting and what it means
  • Sources of information
  • Accounting Standards in Malaysia
  • Tools of analysis
  • Horizontal Analysis
  • Net tangible assets
  • Intangible Assets and its creation
  • Case Study

Ratios

  • Financial Ratio
  • Limitation of Ratios Analysis
  • Power of Ratio Analysis
  • Profitability Ratios
  • Liquidity Ratios
  • Leverage ratios
  • Earnings per share
  • PE ratio
  • Case Study

Other Sources of Information

  • Industry reports
  • Trade journals and the press
  • Past reports
  • Notes to the accounts
  • Case study

Predicting Corporate Failure Distinguish between Business risk and Financial Risk

  • Examine Common Reasons For Business Failure
  • Discuss The Importance Of A Business Plan
  • Examine The Importance Of A Cash Flow Management
  • Case Study

* Case Study of an unlisted company

TRAINER PROFILE

Mr. Winson Han CA (M) CA (NZ) B COM

Mr. Winson Han is a Chartered Accountant by profession and has over 30 years of experience having served in various roles as practicing accountant, company secretary, financial controller and management consultant.

Mr Han is actively involved in conducting public and in-house seminars in financial analysis, financial planning & budgeting, cost management, and credit and collections for clients like Sime Darby, TNB, TM, RHB Bank, Ambank Group, MIA, MIM, CIMA, FMM, PNB etc over the years. He was the principal facilitator for “Financial Analysis and Valuation”, a core paper for a post graduate diploma in applied finance and investment awarded by FINSIA, Australia.

Mr. Han holds a degree in commerce from New Zealand and is a member of the New Zealand Institute of Chartered Accountants, Malaysian Institute of Accountants and Malaysian Association of Company Secretaries.

He is the Managing Consultant of Arrow Consulting Team Sdn Bhd, a company that focuses on assisting SMEs to better manage their businesses through an integrated process covering strategic planning; tactical design, planning and implementation; and monitoring, review and analysis.

Read, Analyze & Interpret Financial Statements

CLEVERBRIDGE TRAINING RESOURCES

No.9A, First Floor, Lintang Pekan Baru, Off Jalan Meru, 41050 Klang, Selangor

Tel: 03-3343 2180 Fax: 03-3341 5755