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

17 Apr, 2020, Kuala Lumpur

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MR. TAN KOK TEE has over 40 years of experience in financial, strategic and general management. He has held a variety of leadership and senior management roles in various organizations, the last being Group Chief Executive Officer. More than half of this time were spent in the Manufacturing Marketing & Distribution and Services organization, including Inchcape Timuran Berhad, Metroplex Berhad, and Perdana Industries Berhad.

 

He is a Fellow member of the Association of International Accountants, UK; Member of the Institute of Public Accountants, Aust.; Member of the Chartered Tax Institute of Malaysia; Member of the Malaysia Associations of Company Secretaries, holds a MBA in Finance from Charles Sturt University, Australia and a Gold Mastery Holder in Reinventing Strategic Planning and Management from the Haines Centre for Strategic Management, sponsored by University of San Diego, USA.

 

He is also a Certified Trainer with PMSB’s Train The Trainer Certificate since 2009 and a life member with the Malaysian Institute of Directors.

 

Mr. Tan has been involved in training and facilitation since beginning 2009. To-date he had conducted more than 300 training workshops, of which more about 200 are on GST including GST Accounting for both in-house as well as public, including for Government Authorities, Chamber of Commerce, Government Link Companies, Banks, Malaysian Institute of Accountants, Chartered Institute of Management Accountants, Selangor state Human Resource Development Centre, Negeri Sembilan state Skills Development Centre, NGOs, political party as well as on behalf of various other training providers.

 

He also developed and delivered an Entrepreneurship program (training) especially for MBA students from GC University, Pakistan in collaboration with Sunway Education Group for period 2010 to 2014. He was also an assessor for the UTAR’s NGO strategic planning program and an invited speaker for the Asian Financial Controller’s Congress in 2009, 2010 and 2011.

Venue Details

Renaissance Kuala Lumpur Hotel
Corner of Jalan Sultan Ismail and Jalan Ampang, Kuala Lumpur 50450,
Phone : 032162 2233
Fax : 032161 5555

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Michelle,
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ADDRESS 
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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