Provided by: Effective Outsource Networks

Finance for Non-Financial Professionals

Accounting and Finance

This 2-day course is designed for managers and executives with little or no knowledge of accounting and finance. Its aim is to introduce the accounting concepts and help participants to make sense of financial statements in a simple way.
This will be an interactive programme engaging participants to learn the basics of accounting and the importance of financial statements. Besides being able to read financial statements, participants will be introduced to financial analysis, cash flow management and investment decision making such as payout period, Net Present Value and Internal Rate of Returns.
This is primarily ilt training
Course Level:introductory
Duration:2 days
Training Presented in:English
Training Provided by Effective Outsource Networks
Finance for Non-Financial Professionals
Why is this important?
This 2-day course is designed for managers and executives with little or no knowledge of accounting and finance. Its aim is to introduce the accounting concepts and help participants to make sense of financial statements in a simple way.
This will be an interactive programme engaging participants to learn the basics of accounting and the importance of financial statements. Besides being able to read financial statements, participants will be introduced to financial analysis, cash flow management and investment decision making such as payout period, Net Present Value and Internal Rate of Returns.
How will you benefit?
After the workshop, you will be able to:
-learn the basics of accounting
-interpret the financial statements
-monitor business cash flow to ensure healthy cash position
-analyse using financial ratios
-make use of investment decision making tools for project evaluation
What will you learn?
Introduction to the importance of financial statements
- Areas of interest for stakeholders
Basic accounting concepts and principles
- Entities
- Process flow of accounting
- Characteristic of good financial statements
- Accounting concepts
- Accounting standards and guidelines
Explanation of accounting terms used in the financial statements
- Components of financial statements
What are Income Statement, Balance Sheet and Cash flow statements?
- How to read Income statements?
- What is a Balance sheet?
- Cash flow statement - What do all the terms mean?
Uses and limitations of financial statements
Interpretation of Financial Statements using Ratios Analysis
- Profitability ratios
- Liquidity ratios
- Efficiency ratios
- Financial structure
Understanding time value of money
- Time cost of money
- Compound interest and future values
Evaluation of projects using various tools
- Payback Period
- Net Present Value
- Internal Rate of Returns
Who should attend?
This course is intended for senior executives, newly promoted managers and non-financial managers who need to understand, interpret and evaluate financial statements and other finance related documents.
Methodology
This course is conducted using simple explanations and illustrations from real life examples to help participants understand and relate to their own working experiences. A number of financial statements of listed companies will be used to put into practice what was learnt in the course. Some quizzes and games will be used to make learning fun and interesting.
Available dates:
21 & 22 Feb 2017 (EB: 31/ 1/2017)
23 & 24 May 2017 (EB: 2/ 5/2017)
17 & 18 Aug 2017 (EB: 27/ 7/2017)
16 & 17 Nov 2017 (EB: 26/ 10/ 2017)
About The Training Provider: Effective Outsource Networks
Effective Outsource Networks - EON Consulting & Training Pte Ltd, formerly known as Effective Outsource Networks, was established in 1996 and 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. Mission ...
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