(MC) Finance For Non-Finance Professionals

26-27 Oct, 2022, Furama Hotel Kuala Lumpur

IPA Training is Registered with

Learn from the Best

HARI RAMULU MUNUSAMY is a Chartered Certified Accountant, with wide experience in audit private practice and in financial/management/public sector accounting, auditing and taxation educational process, having been in the profession and industry since October 1974.

 

He started his career with Messrs F. H. Eiles & Co., a firm of Chartered Accountants in London as an Audit Assistant in October 1976. Subsequently, he continued his career as an Audit Supervisor with Messrs Coopers & Lybrand (now known as PricewaterhouseCoopers), Kuantan in May 1984. In January 1986 he joined Messrs Senthe & Co (a firm of Chartered Accountants in private practice in Petaling Jaya), as an Audit Manager, till December 2006. He had also worked as a group accountant for FARMCO Sdn. Bhd. He had also lectured at various institutions of higher learning, as a part-time and full-time lecturer.

 

Over the years, he gained knowledge, experience, skills and expertise in accounting, auditing and taxation related services including tax investigation, forensic accounting and company valuation and floatation.

 

Between 1993 and 2006, he had conducted seminars and courses in financial accounting, internal auditing, external auditing, and taxation to practitioners and general public. Notable and worthy of mention are taxation seminars for Permodalan Nasional Berhad (PNB), auditing for FELDA, forensic accounting for ROYAL CUSTOMS MALAYSIA, and executive accounting and financial statements analysis course for Pahang ADUNs through Yayasan Pahang. He was the unofficial Consultant to the State Secretary and Chief Minister of Pahang from 1997 to 2000.

 

He is deemed to be a prolific speaker/presenter with excellent commendations from participants, at seminars, workshops, conferences. He has several public appearances relating to taxation, costing, budgeting, financial statements analysis, accounting standards, preparation of financial statements, financial statements fraud, forensic accounting, GST (pre and post implementation), Sales Tax 2018 and Service Tax 2018.

 

Professionally, he is a Fellow member of the Association of Chartered Certified Accountants of UK, a Chartered Accountant of the Malaysian Institute of Accountants, an Associate member of the Malaysian Chartered Institute of Taxation, a Chartered member of the Institute of Internal Auditors of Malaysia (affiliate of USA), an Associate member of the Association of Certified Fraud Examiners of USA, an Associate member of MACFE, member of MATPRO, member of IMA, a member of MAPS, a member of MAPTaC, and a member of Malaysian Institute of Management.

 

His academic qualifications are Diploma in Accountancy (Newcastle-Upon-Tyne, England), and Master of Business Administration (Accounting) from University of Newcastle, USA.

Venue Details

Furama Hotel Kuala Lumpur
136, Jalan Changkat Thambi Dollah,, 55100 Kuala Lumpur,
Phone : 03 2788 8888
Fax : 03 2788 8866

https://furama-bukit-bintang.hotels-in- kuala-lumpur.com/en/#main

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
  • Module 1 - Accounting
  • Module 2 - Financial Statements
  • Module 3 - Analysis and Interpretation of Financial Statements
  • Module 4 - Case Studies
  • Module 5 - Management Accounting
  • Module 6 - Cost Volume Profit (Break Even) Analysis
  • Module 7 - Operational Budgeting
  • Module 8 - Capital Budgeting
  • Module 9 - Case Studies
COURSE OBJECTIVE

‘Finance for Non-Finance (Managers’ & Executives’) of various departments and functions of an organization need to be exposed to matters related to Accounting, Costing and Finance. This is necessary to ensure that there is less risk factor associated with the enterprise’s operations.

This course is an intensive course, provides a foundation to accounting, costing and finance, especially for non-finance personnel, who need to acquire an understanding of the main concepts and the practical application in decision-making, but who do not require an in-depth theoretical or technical knowledge and details with regards to measurement, recognition, preparation, presentation of financial statements, generated for both internal and external decision-making purposes.

COURSE LEARNING OUTCOMES (CLO)
  1. Identify key accounting, costing, finance terms and the logic behind them.
  2. Explain financial statements easily.
  3. Perform and interpret financial statements.
  4. Show the impact of operational decisions on your company’s financial statements.
  5. Proceed to use cost and financial performance data to make better operational decisions.
  6. Assess the financial strength of the company’s customers, suppliers and competitors.
WHO SHOULD ATTEND
Directors, Managers, Executives, of Non-Finance/Accounting Departments
METHODOLOGY
This stimulating course will maximize the understanding and learning through power-point presentation, lectures, discussion, case studies.
DAY 1
9:00

MODULE 1 - ACCOUNTING

  • Accounting as information system, as a service function
  • Financial accounting, management accounting, financial management
  • Users (stakeholders) and their need for/of accounting information
  • Business objectives – financial and non-financial


10.45

MODULE 2 - FINANCIAL STATEMENTS

  • The balance sheet [Statement of Financial Position]
  • The income statement [Statement of Comprehensive Income]
  • The statement of changes in equity [Statement of Changes in Equity]
  • The cash flow statement [Statement of Cash Flows]
  • Explanatory notes

 

1:00 Lunch
2:00

MODULE 3 - ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS

  • Financial ratios – needs, classification, key steps in ratio analysis, trend analysis
  • Profitability ratios
  • Efficiency ratios
  • Liquidity ratios
  • Gearing ratios
  • Investment ratios
  • Limitations of ratio analysis

 

3:45

MODULE 4 - CASE STUDIES

  • Financial Statements
  • Ratio Analysis
  • Questions & Answers

 

5:00 End of Day 1
DAY 2
9:00

MODULE 5 - MANAGEMENT ACCOUNTING

  • Costing, management accounting
  • Classification & elements of costs
  • Costing systems
  • Costing techniques


10.45

MODULE 6 - COST VOLUME PROFIT (BREAK EVEN) ANALYSIS

  • Decision making – make, buy, or outsource, keep, or drop, limiting factor and resources
  • Break-even point
  • Target profit

 

12.00

MODULE 7 - OPERATIONAL BUDGETING

  • Overview and benefits of budgeting
  • Master budgets and subsidiary budgets
  • Cash budgets

 

1:00 Lunch
2:00

MODULE 8 - CAPITAL BUDGETING

  • Capital Investment decisions
  • Practical methods of capital budgeting (payback period, net present value, internal rate of return, profitability index)
  • Criticisms

 

3:45

MODULE 9 - CASE STUDIES 

  • BEP
  • Operational & Master Budgets
  • Questions & Answers 

 

5:00 End of Course