Provided by: Effective Outsource Networks

Financial Statements Made Easy 31 May 2012

Business and Management Skills

Financial statements are an important source of information about a company. By understanding the characteristics and items in financial statements, we will be able to interpret and use the information effectively for many other purposes such as analysis, budgeting or reporting.
This course is designed to discuss the main features of the financial statements prepared by a business enterprise. After this course, participants will be able to understand the meaning and fundamental structure of the financial statements, and make effective use of the information.
Benefits
After the workshop, participants will be able to:
-discuss the main features of the financial statements prepared by a business enterprise
-understand the meaning and fundamental structure of the --financial statements, and the inter-relationship of the items in the statements
-apply key management ratios to evaluate the strengths and weaknesses of the business operations
-apply various analytical techniques to examine the performance of the business operation
Outline
What You Want to Know about the Financial Statements?
- nature and role of accounting
- desirable qualities of a financial report
- accounting as an information system
- financial and management accounting compared
- fundamental accounting assumptions
- accounting policies
- objectives of financial statements
- user groups and their areas of interest
Three Basic Financial Statements
- balance sheet
- profit and loss account
- cash flow statement
Interpretation of Auditors' Reports
- objectives and scope of audit
- reasonable assurance
- true and fair view
- auditors opinion
Analysing Performance of an Enterprise
(including case study and interpretation techniques)
- liquidity ratios
- profitability ratios
- solvency ratios
- asset management ratios
- stock market ratios
Methodology
Participants are guided through practical steps of the topic with a combination of lectures, case studies and group discussions.
Who Should Attend
Managers and executives who have little or no knowledge of accounting, but need to know how basic accounting works, and apply accounting related techniques when making business decisions.
Course Details
Course Date 31 May 2012
Time 9am to 5pm
Venue Grand Park City Hall Hotel or similar
Early Bird Closing 10/ 5/ 2012
Fee Per Participant
S$417. 30 (Early Bird)
S$460. 10 (Normal)
S$385. 20 (Member)
Fee is inclusive of 7% GST, training materials and tea breaks.
SDF-Approved Yes
Trainer
Mr Lim Kaim Soon
Testimonials
"This programme has shortened my learning curve in understanding the financial statements. The ratios will be useful to me."
- Mr Roger Hoo, Director, Engineering, Singapore Discovery Centre Ltd
"I have gained knowledge of financial analysis on statements, profitability and etc. This course is helpful for business and budget planning."
- Mr E-Sun Leong, SEA Sales Manager, Flexco Pte Ltd
"The trainer provides real life examples to guide us to practice the concept and financial statements calculation. This course is very helpful to my work."
- Mr Chen ChuanQi, Director of Engineering & Operations, CyberOptics (Singapore) Pte Ltd
Participants will receive a Certificate of Attendance upon course completion.
This is primarily ilt training
Duration:7 hours
Training Presented in:English
Training Provided by Effective Outsource Networks
About The Training Provider: Effective Outsource Networks
Effective Outsource Networks - Established in 1996, Effective Outsource Networks (EON) specialises in providing human capital consulting and training services to organisations in Singapore. It has helped organisations improve on day-to-day human resource operations through three main areas of support, namely, information service, consulting, and training. In January 2013, EON was incorporated as EON Consulting & Training...
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