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Managing P&L, Costing & Risks

22 Nov, 2021, Virtual Classroom Training

IPA Training is Registered with

Venue Details

Virtual Classroom Training


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

Jane,

Office: 03 2283 6101

Mobile: +60 129418251

jane@ipa.com.my

Keith,

Office: 03 2283 0000

Mobile: +60 162272735

keith@ipa.com.my

ADDRESS

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

FOCUSING ON
  • Module 1: Managing P&L & ROI (Simulation Exercise)
  • Module 2: Improve Cash Flow & Profitability Position (Practical Case Study)
  • Module 3: Managing Constraint Resources
  • Module 4: Overview of Risk Management
  • Module 5: Risk Modelling Skills (Case Study)

    SPECIAL FEATURE: Participants Will Receive a Set of Practical Excel Templates suitable for all sectors.
COURSE OBJECTIVES

This course is designed for current challenging environments whereby Managing P&L, Cost and Risks is crucial for company sustainability, growth, profitability & liquidity.

 

Real-current problematic Costing & Risks Cases will be analyzed, and scenario solutions will be provided under the guidance of Dr. Steven Liew.

 

This course is designed for participants to have a practical hands-on experience.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Using Profit & Loss Model To Navigate & Improve Your Profitability & Cash Flow.
  2. Knowing How To Identify Possible Project Problems, Uncertainties, And Contingencies.
  3. Understanding The Connections Of The Financial Statement To The Business.
  4. Using Goal Seek To Hit Management Expectations On Sales, Profit & Cash Flow.
  5. Managing Costs Effectively.
  6. Applying Cost Management & Accounting Tools To Improve Financial Performance.
WHO SHOULD ATTEND
  • Entrepreneurs
  • Accountants
  • Business Managers
  • Marketing Managers
  • Treasurers
  • Supervisors
  • Executives and Managers
  • All Professionals who are interested in “Managing P&L, Costing & Risks“
METHODOLOGY
Interactive Lectures, Practical Case Studies, Group Discussion and Q & A.
WHAT YOUR COLLEAGUES ARE SAYING ABOUT THE COURSE…

Two key points I learnt from Dr Liew are “Impact on P&L, BS, Cash Flow & Equity from your transactions (sales, expenses, assets) & Impact of operating, investing & financing activities on cash flow position.“ Project/business analyst

 

“Instructor explains clearly and easily to understand. I have learned the Skill in Risk Financial Planning & Forecasting.”
Norazima Hussain, Sr Manager HR & Corporate Planning

 

“ERM training was highly interactive with active group discussion.”
Marina Banggan, Manager, Human Capital Resources

 

“Learnt how to mitigate risks. Very informative workshop & good instructor. Learnt the ability in costing risks & its financial impact.“
Aiwana Binti Ishak, Manager. Public Relations

COURSE CONTENT
9:00

MODULE 1: MANAGING P&L & ROI (SIMULATION EXERCISE)
Objective:

  • with little or zero accounting knowledge, will walk you through Your business or new business on sales, purchases, operating expenses, investment, capital injection, depreciation & interest payment
  • you see your own P&L, Balance sheet, cash flow & equity
  • provide strategies (using goal seek) to improve your cash flow & P&L position
10.45

MODULE 2: IMPROVE CASH FLOW & PROFITABILITY POSITION (PRACTICAL CASE STUDY)
Objective: Use Financial Tools Of Goal Seek & Solver To Meet Management Target Of Sales, Profit & Cash Flow Position

  • Applying what if analysis (goal seek & solver)
  • Applying profitability strategy management framework
    - Formulation stage
    - Execution stage
    - Evaluation stage
12.00

MODULE 3: MANAGING CONSTRAINT RESOURCES

  • Shortage or difficulty of supply resources
  • Profit will be maximised when contribution is maximised
  • Determination of the contribution earned by each different product per unit of scarce resource
  • Importance of relevant costing
1:00 Lunch
2:00

MODULE 4: OVERVIEW OF RISK MANAGEMENT

  • What is Risk?
  • Why Do We Need Risk Management?
  • What is ISO31000 Foundation?
  • How Do We Manage Risk?
3:45

MODULE 5: RISK MODELLING SKILLS (CASE STUDY)
Objective: Identified Company Risks (Operational, Competitors, Financial, Legal & Human Capital); Quantify It. Do A Cost & Benefit Analysis & Make Recommendation On Risk Improvement Strategies

  • Analyzing the potential risks facing an organization
  • Mitigating controls
  • Weight the financial impact
  • Cost/benefit decision analysis
  • Risk Model software
5:00 End of Course