Mastering Accounting & Financial Statement Analysis

20-21 Oct, 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
  • Characteristics of Financial Statements
  • Income Statement & Statement of Changes in Equity
  • Balance Sheet Equation
  • Developing Statement of Cash Flow
  • Cash Flow Planning & Projection
  • Interpretation & Analysis of Financial Statements
  • Financial Reporting Standards
  • Company Annual Report
  • Corporate Financial Budget, Planning & Control

    A Certificate of Completion with 14 hours CPD points will be awarded upon completion.

WHY ATTEND

Organizations are increasingly seeing the importance of accurate and efficient financial statement analysis technique in shaping a more successful and prosperous organization overall. By understanding the financial statement of the company one can be better informed on financial positioning, efficiency of operations and financial changes as a whole.

 

This course will familiarize participants with the revised approved international standards on accounting as well as presentation of financial statements.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  • Reading and interpreting any financial statements confidently
  • Applying financial tools and techniques to measure and evaluate business performance including those of competitors
  • Being better able to identify the various uses of financial statements
  • Understanding how financial statements are used to assess company performance
  • Knowing how to improve business
    performance and profitability through the understanding of cash flow statement
  • Being better able to use and present financial information
  • Knowing the different techniques for preparing cash flow projections
  • Calculating and interpreting liquidity, managerial efficiency, financial stability and profitability ratios
  • Recognizing the current financial reporting practices by companies in Malaysia
  • Applying financial statement analysis to assess the performance of a business.
  • Describing the establishing improvements to corporate management and reporting
  • Developing skills in analyzing accounting reports and evaluating organizational performance through statement of change in financial position
  • Mastering financial planning, forecasting and budgeting
  • Learning how to manage financial management effectively
WHO SHOULD ATTEND
  • Finance & Account Managers
  • Finance & Account Executives & Supervisors
  • Finance & Account Assistants
  • New Financial Executives
  • Accounting Personnel
  • Professionals seeking the understanding of financial statement analysis to assist in their corporate decision makings
METHODOLOGY
Interactive lectures, practical exercises & discussion on all relevant aspects of company accounts and financial statements to ensure participants grasp clearly aspects presented.
DAY 1
9:00

COMPREHENSIVE FINANCIAL STATEMENTS

  • The importance to understand accounts
  • Types of business organization in Malaysia
  • Accounting concepts and rules
  • Users of financial statements
  • Characteristics of financial statements
  • The accounting principles
  • The accounting policies
  • The accounting process
  • The accounting cycle
  • The accounting equation
10.45

FINANCIAL STATEMENT – INCOME STATEMENT AND STATEMENT OF CHANGES IN EQUITY

  • Revenues
  • Cost of sales
  • Expenses
  • Dividend and interest income
  • Profit before taxation
  • Taxation
  • Extraordinary items
  • Appropriation of profits
  • Earning per shares
  • Dividend per share
1:00 Lunch
2:00

FINANCIAL STATEMENT - BALANCE SHEET

  • Balance sheet equation
  • Assets
  • Liabilities
  • Capital
  • Non current assets
  • Current assets
  • Current liabilities
  • Long term liabilities
  • Provisions and charges
  • Shareholders’ equity
3:30

FINANCIAL STATEMENT – CASH FLOW STATEMENT

  • Developing statement of cash flow
  • Operating activities
  • Investing activities
  • Financing activities
  • Working capital management – inventory, receivable and payables.
  • Cash flow planning and projection
5:00 End of Day 1
COURSE CONTENT
9:00

ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS

  • Firm’s financial ratios
  • Common size statement analysis
  • Classification of ratios
  • Ratio analysis
  • Liquidity ratio
  • Asset management ratio
  • Debt management ratio
  • Profitability ratio
  • Investment ratio
  • Interpretation and analysis
10.45

FINANCIAL REPORTING

  • Regulatory framework
  • Objectives of financial reporting
  • The Malaysian reporting environment
  • Statutory and regulatory framework of financial accounting and reporting
  • Financial reporting standards
  • Companies Commission of Malaysia (CCM)
  • Securities Commission and KLSE
  • Bursa Malaysia listing requirement
  • Bank Negara Malaysia
1:00 Lunch
2:00

COMPANY ANNUAL REPORT

  • Company annual report
  • Corporate information
  • Corporate achievement
  • Director’s profile
  • Statement of corporate governance
  • Audit committee report
  • Director report
  • Financial statement
  • Analysis of shareholdings
  • Notice of annual general meeting (AGM)
3:45

CORPORATE FINANCIAL BUDGET, PLANNING AND CONTROL

  • The basis for corporate control
  • Resource assessment, gap analysis and financial modeling
  • Corporate financial planning flow
  • Preparing cash flow projections
  • The role of managers in the operational and financial budgets
  • Pro forma income statement
  • Pro forma balance sheet
  • Master budget
  • Cash Budget
  • Sales budget
  • Purchase budget
  • Inventory budget
5:00 End of Course