*Understanding Accounts, Analysis and Interpretation of Financial Statements for Better Decision Making

22 Apr, 2020, Renaissance Kuala Lumpur Hotel

IPA Training is Registered with

Venue Details

Renaissance Kuala Lumpur Hotel
Corner of Jalan Sultan Ismail and Jalan Ampang, Kuala Lumpur 50450,


Phone : 032162 2233
Fax : 032161 5555

Contact us

FOR COURSE DETAILS

Juliany,

Office: 03 2283 6109

Mobile: +60 122281247

juliany@ipa.com.my

Phoebe,

Office: 03 2283 6100

Mobile: +60 193637822

phoebe@ipa.com.my

Bee Teng,

Office: 03 2282 6112

Mobile: +60 172566121

beeteng@ipa.com.my

FOR CUSTOMISED IN-HOUSE TRAINING

ADDRESS

A-28-5, 28th Floor, Menara UOA Bangsar,
No.5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur

FOCUSING ON
  • Understand And Comprehend The Components In An Audited Financial Statements
  • Analyze, Understand And Interpret The Financial Statement Using Trend And Ratios,
    And Its Indication On The Health Of The Organization.
  • Investment / Capital Expenditure Evaluations
  • Company / Share Valuation And Goodwill Creation
INTRODUCTION
Accounting & Finance has always been recognized as a very key function in any organization and to all stakeholders. Understanding the financial information reported in the financial statement generated from the accounting records can help managers to make a more informed and effective decisions to increase their organizational performance. Hence knowing how to read, analyze, interpret and understand the various accounting & financial terms and language is inseparable from the day to day management of business performances
AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Achieving an understanding of the various financial terms used in the Financial Statements.
  2. Being able to comprehend Financial Statements with confident.
  3. Understanding, calculating and applying the various accounting and cash flow ratios for better decision making.
  4. Calculating and understanding what is present and future value of money, payback period and IRR
WHO SHOULD ATTEND
  • Directors, Company Secretaries, Managers, Executives and those who wish to develop their understanding on financial analysis
  • Sales Managers, Procurement Managers and Executives who has to evaluate the financial stability of the customers and suppliers.
  • Non-Accounting managers and executives who need to grasp the managerial aspects of accounting & finance for corporate effectiveness.
METHODOLOGY
  • Participative and active lectures, group discussions, and free flow of questions.
HERE IS WHAT YOU WILL LEARN
9:00

OVERVIEW

  • Introduction of Accounting, finance and financial management.
  • The role and need of accounting in business
  • Difference between Financial Accounting and Management Accounting
  • Accounting Standards, Concepts and Equations.


10.45

UNDERSTAND AND COMPREHEND THE COMPONENTS IN AN AUDITED FINANCIAL STATEMENTS

  • Introduction:
    - What is Financial Statement and what does it consist of?
    - Why and when is it prepared?
    - Its importance to stakeholders and who are they?
  • Understanding its Quantitative Information in:
    - Financial Position statement (balance sheet)
    - Statement of Total Comprehensive Income:
    -- Statement of profit and loss
    -- Statement of Other Comprehensive Income
    - Statement of Cash Flow
    - Statement of Change in Equity
    - Notes to Financial Statement
    -- Basis of the preparation of the Financial Statement
    -- Significant Accounting Policies
    -- Applicable Accounting Standards
    -- Supporting information to the Quantitative Financial Statement.
    • Understand its Qualitative Information of the Financial Statement
    - Directors Report
    - Directors Statement
    - Statutory Declaration
    - Independent Auditors Report of Different Type
12.00

ANALYZE, UNDERSTAND AND INTERPRET THE FINANCIAL STATEMENT USING TREND AND RATIOS, AND ITS INDICATION ON THE HEALTH OF THE ORGANIZATION. HORIZONTAL AND VERTICAL ANALYSIS INCLUDES

  • Trending
  • Profitability
  • Liquidity
  • Efficiencies
  • Stability
  • Cash flow sufficiency (Cash Ratios)
  • Quick Cash raiser assets.
1:00 Lunch
2:00

INVESTMENT / CAPITAL EXPENDITURE EVALUATIONS:

  • Present and Future value of money
  • DCF / NPV / Internal Rate of Return
  • Payback period
3:45

COMPANY / SHARE VALUATION AND GOODWILL CREATION

  • NTA and Goodwill
  • Earnings per share and PE Ratio (earnings multiples)
5:00 End of Course