Finance for Non-Finance Managers & Executives

13-14 Jul, 2021, Virtual Classroom Training

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TAN KOK TEE
DBA, MBA-Finance, FAIA, MIPA, MCCS, ACTIM,
International Accountant (UK),
Public Accountant (Aust.)
Certified Company Secretary.
HRDF Certified Trainer
Registered GST Agent.

 

MR. TAN KOK TEE has 40 years of working experience in Accounts & Financial, Strategic and General Management field. He has held a variety of leadership and senior management roles in various organizations, starting in the Accounts & Finance Department until CFO level and the last being Group Chief Executive Officer. More than half of these times were spent in the Manufacturing, Marketing & Distribution and Services organizations.

 

He is a Fellow member of the Association of International Accountants, UK; Member of the Institute of Public Accountants, Aust.; Certified Commercial Accountant, (M); Member of the Chartered Tax Institute of Malaysia; Member of the Malaysia Associations of Company Secretaries (M) 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 (HRDF) Train The Trainer Certificate since 2009, a GST Agent registered with MOF & Holder of the GST MyGCAP certificate from RMCD and a Life Member of the Malaysian Institute of Directors.

 

Mr. Tan has been involved in Advisory, Training and Facilitation since beginning 2009. To-date he has conducted about 400 training workshops throughout Malaysia on topics on Budgeting & Cashflow Planning; GST; SST; Practical Accounting for Accounting Staffs; Reading, Analyzing and Interpreting Financial Statement; Accounting and Finance for Non-Finance Managers; Customers Credit Evaluations and Collection Strategies; Incoterms, LC Operations and Trade Financing; Reinventing the Strategic Planning and Management and Financial Statement Hands On Application to MBRS, for both in-house as well as public..

 

Among the organizations that Tan Kok Tee has been providing training for, include Government Authorities, Chamber of Commerce, Government Link Companies, Banks, Malaysian Institute of Accountants, Chartered Institute of Management Accountants, CPA Australia, Malaysian Institute of Chartered Secretaries and Administrators, Selangor State Human Resource Development Centre (SHRDC), Negeri Sembilan State Skills Development Centre (NSSDC), Penang Skill Development Centre (PSDC), NGOs and many others public training providers.

 

His other clients include Shin Yang Group, MIRI, Bintulu Port, Deleum Bhd., Boustead Plantation Bhd., Takahata, FBK Manufacturing, Brothers Industries, Integrated Logistics, Mega Logistics, Chung Hwa Picture Tubes, Ohara Melaka, Safran Aerospace, NEC Corp. of Malaysia, Kobe Precisions, Tecktronic & Sons Holdings, Julie’s Biscuits, Ornapaper Melaka, Sunway University, Sime Darby Properties, Lion Group and many more.

Venue Details

Virtual Classroom Training
No 1 Jalan Pantai Jaya Tower 3, 59200 Kuala Lumpur,
Phone : 03 22981888

Click For Hotel Location

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Introduction
  • Financial Accounting Function
  • Understand And Comprehend The Different Components In Financial Statements
  • Management Accounting Function
INTRODUCTION

Accounting and Finance has always been recognized as a very key function in any organization. It provides the basis for information reports to be generated from these records to help managers to make a more informed and effective decisions to increase their organizational performance.

 

Accounting and Finance will forever be an extreme asset and vital aspects to one’s career and organization success. It is a “NEED TO KNOW” subject matter.

 

Hence this course will help all Non Finance Managers to increase their Performance and Communication effectiveness in their daily Accounting Work through new knowledge acquired.

COURSE OBJECTIVES
  1. Enriching the fundamental knowledge and concept of Accounting and Finance in practice
  2. Awareness of the Accounting Standard and Policies requirements of capturing each and every Accounting transactions.
  3. Understanding the various key Accounting and Finance Terms in the accounts and the presentation of the Financial Statements format.
  4. Being able to analyse and interpret the content of the Financial Statement and identify the areas that are having operating problems, weaknesses and inefficiencies.
  5. Taking timely corrective actions to overcome financial weakness and inefficiencies
METHODOLOGY
  • Interactive Lectures
  • Participative And Active, Group Discussions
  • Group Hands On Exercises

    Participants will work together in pairs and groups to have hands on exercises to recap the learnings together. Participants are also encouraged to bring their real working questions for discussions.
DAY 1
9:00

INTRODUCTION

  • Introduction of Accounting and Finance and its various key terms use daily.
  • The role of Accounting and Finance in business
  • Difference between Financial & Management Accounting and Financial Management
  • Accounting Standards and Policies
  • Accounting Concepts and Equations


    Assignment on Accounting Equations
10.45

FINANCIAL ACCOUNTING FUNCTION

  • How are Accounting Transactions processed
  • Difference between Capex and Opex.
  • Classifications of Opex – by Function and by Nature
  • Accruals, Expense Provisions, Prepayments, Depreciation & Amortization and Impairment adjustments


    Assignment on Accruals, Provisions, Prepayments and Depreciation adjustments
1:00 Lunch
2:00

UNDERSTAND AND COMPREHEND THE DIFFERENT COMPONENTS IN FINANCIAL STATEMENTS:

  • Statement of Total Comprehensive Income:
    - Statement of Income
    - Statement of Other Comprehensive Income
  • Statement of Financial Position:
    - Non-current and Current Assets and Liabilities.
    - Right of Use Assets
    - Working Capital Components
    - Financial Instruments
  • Statement of Cash Flow
  • Statement of Change in Equity.
  • Understand the Various qualitative information inside the Financial Statement, including Auditor’s report.


    Quiz to recap the understanding of the components in the financial statements.
5:00 End of Day 1
DAY 2
9:00

MANAGEMENT ACCOUNTING FUNCTION

  • Purpose of Management Accounting and its usage.
  • Interpret and understand the financial statement using trend and Financial Ratios, testing for:
    - Profitability from sales and assets & equity invested
    - Liquidity & Solvency
    - Cash Ratios
    - Efficiency on Working Capital management
    - Stability

    Assignment on Ratio Calculations and understand the meaning.


1:00 Lunch
2:00
  • Marginal costing, Break-even point and decision making.


    Assignment on Break-even calculation and decisions making.


  • New Capital Expenditure / New Investment proposal evaluation.
    - Time Value for money – Future value and present value determination.
    - Payback Period
    - Internal Rate of Return
5:00 End of Course