Mastering Accounting & Financial Statement Analysis

20-21 Oct, 2021, Virtual Classroom Training

IPA Training is Registered with

Learn from the Best

Dr Wendy Tee has over fifteen years of experience in senior management and human resources positions for diversified industrial and business environments. Graduated with a Doctor of Business Administration (UUM), Master of Business Administration (UM), Master of Information Technology (UM), Certified Financial Planner (CFP), Certified Business coach (UM), Registered Financial Planner (RFP), Certified Trainer (PSMB) and Certified Advance Human Resource Practitioner (MIHRM), she has undergone intensive academic training in various human development and knowledge improvement. As a trainer, speaker and consultant, Dr Wendy had spent hundreds of hours in training, speaking and conducting training related to personal development and performance management over the years. Her training sessions are enhanced with trainees getting exposure to personal development, improve service productivity and performance toward productivity. She commits herself towards creating results in personal excellence and inspiring people to their best at whatever they do. Her vast experience and exposure in different industry has given her an in depth understanding training and development needs which she delivers with passion, performance, positive, integrity and energetic .

 

Dr Wendy is actively involved in management consultancy, management training and research. Her latest responsibility involves the business coaching, financial training, management consultancy, Accounting and Financial lecturing of Degree programs for Kolej Universiti Tunku Abdul Rahman . She has experience managing training programs cover from local universities, in house training and public seminar training, from designing training needs assessment, developing training materials, monitoring and tracking of training programs successfulness and implementing training evaluation. Having been trained as a qualified trainer, her skill and knowledge has been enhanced in operations effectives, fitness analysis, gap analysis and needs assessments.

 

Dr Wendy is also a Human Resource consultant and certified trainer now appointed from Harrison Assessment Talent solutions (HATS), Pembangunan Sumber Manuasia Berhad (PSMB) and National Human Resources Centre (NHRC), providing comprehensive and independent Human Resource advisory to clients. In addition to consulting with and servicing clients, she is responsible for HR assessment, HR training, coaching & advisory for the company. In the area of Human Resource Management, Dr Wendy focuses on Strategic Talent Management, Training and Development Management, Performance Management, Payroll Management and Setting Departmental & Inter Departmental Key performance Indicators (KPIs). She used the Harrison Assessment Talent Solutions (HATS) in many HR assignments. HATS is a leading global psychometrical assessment tool widely used for career guidance, personal coaching, talent recruitment, talent development and succession planning. Dr Wendy completed and passed her GST and SST exams organized by Chartered Tax Institute of Malaysia (CTIM) with the cooperation and support from the Royal Malaysian Customs Department (RMC). She has trained more than 75 SME companies in Malaysia for getting prepared on the post implementation of GST and SST, mainly dealing with the tax authorities over various indirect tax issues, elements and scope of indirect tax , cycle and operations, rulings, registration, administration, audit and investigations on behalf of her clients.

Venue Details

Virtual Classroom Training

Contact us

Juliany,
M - 012 2281 247
juliany@ipa.com.my

Michelle,
M - 019 363 7822
michelle@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Yvonne,
M - 012 201 1247
yvonne@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
  • 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