Understanding Business Performance through Financial Statements

19-20 Sep, 2024, Wyndham Grand Bangsar Kuala Lumpur

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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, f inancial 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

Wyndham Grand Bangsar Kuala Lumpur
Plaza Cygal, Tower 3, Basement 1 59200, Federal Territory of Kuala Lumpur,
Phone : 03-2298 1888

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: Financial Statements: A Preview
  • Module 2: Fundamentals of Financial Statements
  • Module 3: Understanding the Balance Sheet
  • Module 4: Understanding the Income Statement
  • Module 5: Understanding the Cash Flow Statement
  • Module 6: Measuring Business Performance from The View of Financial Statements
  • Module 7: Introduction of Financial Ratios and Its Interpretation
  • Module 8: Ratio Analysis Workshop
  • Module 9: Question and Answer Session
OBJECTIVES

The course provides a ‘broad-based’ foundation to understanding of financial and non-financial information in the form of financial statements. The course has been tailored primarily for Non-Accounting And Non-Finance Managers, Executives and Specialists, who have business, economics, human resources, marketing or engineering background, but need an understanding of financial statements.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Understanding The Role And Nature Of Accounting.
  2. Knowing The Nature And Purpose Of Financial Statements.
  3. Learning The Main Accounting Conventions Underpinning Financial Statements.
  4. Interpreting The Quantitative And Qualitative Information Contained In The Financial Statements.
  5. Identifying And Calculating The Major Categories Of Ratios Used For Analysis Purposes.
  6. Discussing The Limitations Of Ratios As A Tool Of Financial Analysis.
  7. Examining Critically And Appreciating The Limitations Of Financial Statements.
WHO SHOULD ATTEND

Directors, Managers, Decision Makers, Accounts Executives, all Executives related to financial aspects in an organization.

METHODOLOGY

Interactive Lectures, Slides Presentation, Examples, Case Studies, Participant Interactions and Discussions.

DAY 1
9:00

Module 1: Financial Statements: A Preview

    • What are financial statements?
    • Importance of financial statements
    • Various participants of financial statements and how do they use them


10.45 Module 2: Fundamentals of Financial Statements
  • Basic accounting principles: Concepts and conventions that underlie financial statements
  • Accounting equation: A tool to understand why a balance sheet tallies
  • Presentation of financial statements
  • Interrelation between income statement and balance Sheet

 

12.00

Module 3: Understanding the Balance Sheet

  • The purpose, construction, pertinent ratios, and common-size analysis of balance sheet
  • The format, structure and components of the balance sheet
  • Classification and valuation basis of assets and liabilities
  • The components of equity and illustration of the statement of changes in owners’ equity
1:00 Lunch
2:00

Module 4: Understanding the Income Statement

  • Evaluate trends in performance
  • Compare the performance of different companies
3:45

Module 5: Understanding the Cash Flow Statement

  • Evaluate trends in performance over several measurement periods and compare the performance of different companies
5:00 End of Day 1
DAY 2
9:00

Module 6: Measuring Business Performance from The View of Financial Statements

  • Purpose, construction, and common-size analysis of income statement, balance sheet and cash flow statement


10.45

Module 7: Introduction of Financial Ratios and Its Interpretation

  • Ratios that indicate the current performance of the business such as profitability, current ratios and many others
  • Ratios that indicate the long-term performance of the business
  • Ratios relating to the balance sheet analysis by illustrating common-size balance sheets and calculating pertinent ratios
  • Earnings per share calculation
  • Dividend yield calculation
  • The purpose, construction, and common-size analysis of the cash flow statement
1:00 Lunch
2:00

Module 8: Ratio Analysis Workshop

  • Practicing understanding of ratio analysis (group activity)
  • Share the findings of the activity
3:45

Module 9: Question and Answer Session

5:00 End of Course