November 2008
» Leadership and Post-AcquisitionIntegration Success
December 2008
» Dealing with Difficult People
» Power Up Your Business Writing Skills
» Understanding Fraud & Internal Audit
» Successful Business Communication Skills
January  2009
» Effective Credit Control & Speedy Debt Recovery
» Power Up Your Business Writing Skills
» Energise your E-mail Writing Skills
February 2009
» Speak up Successfully
» Art of Collecting Debts through the Telephone
» Success Skills for Secretaries and Support Staff
» Successful Business Communication Skills
» Creativity at Work
March 2009
» Power Up Your Business Writing Skills
» Sharpen your Interpersonal Skills
May 2009
» Time and Stress Management

In-company Training

  Contact Us
  Email: learning@jobsdb.com.sg
 Tel: +65 6861 1000

 

Business Finance for Non-Financial Managers

Discover How to Use Financial Information to Make Effective Business Decisions! 
 Details
   
Date: 14 - 15 October 2008 (9- 5pm)
Fee: $699 nett per pax / $670 nett per pax for 2 or more from the same company
  The seminar fees include lunch, tea breaks and seminar notes.
Venue: NUSS Guild House, Suntec City Mall
Enquiries:
For more information, please call Lynn at
+65 6861 1000 or email us at learning@jobsdb.com.sg
   
   
   
  Payment must be made before the commencement of the workshop. No cancellation is allowed 7 days prior to workshop.
     
 
 Core Focus
   

In this fast challenging business world where the emphasis is on corporate governance and profitability, financial awareness for Managers* is not an option, it has becomes a necessity.

This course has been specially designed for managers* who do not have a full financial training and strong finance background and having some basic accounting knowledge will be an advantage, and whose managerial responsibilities include the following:

  • Managing their contribution and performance towards the company business goals, plans and profitability.
  • Managing and/or running more effectively the business and/or department operations.
  • Planning and decisions making with financial tools.
  • Accountability for the profitability of the business, sales plan and growth, market share, department expenditure and goals.
  • Managing and/or understanding how  credit limit and credit control affect the “working capital” of the company
  • Using finance tool for Project planning
  • Controlling  Budgeting and forecasting
  • Negotiating with Suppliers, Banks and Customers
 How Will You Benefit


  1. Understanding the language and “jargon” of finance and to work effectively with the Chief Financial Officer/Financial Controller and their finance team               
  2. Able to accomplish the important business tasks as follows:
      • Read Annual Reports
      • Understand Financial Statements- Balance Sheets, Profit and Loss, and Cash Flow
      • Measure the liquidity of a business
      • Differentiate between regular income and extraordinary items
      • Why companies goes bankrupt
      • Do a break-even analysis
      • Figure out return on investment
      • Compute the cost of capital
      • Put together a Business Plan
      • Decide whether your business should be a sole proprietorship, partnership or a private limited company
      • Manage Foreign currency exposure
      • Value a business
      • Understand Financial Reports versus Management Reports
      • Understand Exception Reports
      • Prepare a budget
      • Understand Budget and Forecasts
      • Managing Internal Controls

3.Understand the types of costing manufacturing costing,

  • process costing
  • direct and indirect costing
  • activity costing
  • cost allocation 
4. Understand the financial side of investment appraisal, return on investment, requirements of a profit center and/or a cost center  

5. Understand how  financing both internal and external

6. Understand capital expenditure, capex planning and capex management

 7. Understand financial implications of the  i) Business transactions

 ii) Orders and Sales    iii) Transfer of Titles   iv) INCOTERMS

 
 Outline

ITINERARY OF THE 2 DAY PROGRAMME

Day 1

Morning Session (9.00am-12.30pm)

Coffee Break (10.30-10.45am)

1. What is Practical Business Finance Skills all about?

2. The Manager’s role in regards to Finance-

  • Decision Making
  • Operational profits and costs management
  • Meeting the Budgets
  • Operating expense budgets
  • Cost control

3. How to measure department performance with the company goals and performance

4. What are GAAP and Financial Reporting Standards

5. Business Planning and Resource Utilization

a   Business Planning and Budgeting process

  • Departmental Planning Model        

c.  How to calculate the Financial Ratios

6. Business financial statements

a. How to read and analyze the Balance Sheet, Profit and Loss, Cash Flow
b. How to read and understand financial ratios
c. How to compute the value of the company and business

Lunch Break (12.30-1.30pm)
Tea Break (3.00-3.15pm)
Afternoon Session (1.30-5.00pm)
 
3. Business Financial Performance Analysis

  • How to evaluate the business performance?
  • How over-trading affects the business performance?
  • Exercises and case studies

4. Business Cash Flow Management

a.      Understanding the meaning of Cash Flow and its source and application.

b.   How to prepare periodic operational cash flow
 
c.    Understanding on sources of capital

 

5.  Case studies from participants

  • Opportunities for participants to present their own case studies and learn how to manage their problem solving skills.

 

Day 2

Morning Session (9.00am-12.30pm)

Coffee Break (10.30-10.45am)

6. Business Finance and Credit Control

a. Financing and working capital

b. Effective Debt Collection methods

c. Importance of working capital

7. Business break-even analysis

a. Managing profitability with break-even analysis
 
b. Cost Volume for decision making

Lunch Break (12.30-1.30pm)
Tea Break (3.00-3.15pm)
Afternoon Session (1.30-5.00pm)

8. Business Investment Appraisal
 
a. Returns on Capital Investments

b Investment Appraisal methods

    i) IRR
    ii) Payback Period
    iii) NPV

9. Business Budgetary Planning and Control

a. Budget Preparation
 
b. What are non-recurring and extra ordinary expenses?

c. Budget, Flexi budget or Forecast, Variances analysis


10. Effective Internal Controls and Sarbanes Oxley Act

  • What are Internal Controls and how to have a good internal control policy
  • What is Sarbanes Oxley Act and how it will contribute to your business

11. CASE STUDIES and PRACTICE

Throughout the course, participants will be given exercises and case studies to sharpen and improve their financial and communications skills. Participants are required to bring along their calculators for the exercises.

 

 
 Facilitator

Anthony (Mark) Wong is a Certified Public Accountant of Singapore since 1984.
He has worked in senior management positions such as Deputy Managing Director, Finance Director and Regional Financial Controller for Asia Pacific region with Multi-national companies in Singapore particularly in the Electronics and Manufacturing industries.


He was the Regional Financial Controller for Asia Pacific Region with Motorola in Singapore for eight years.

Anthony has extensive experience in Maximizing Shareholder Value, Streamlining the business, Risk Management and Business start-ups. Being the best in class in Financial Strategy, Investment Management, Treasury Management, Financial Operations and Performance Management has given him additional leverage in his career.


He is a Business, Career and LIFE Coach and provides coaching to Business owners, Entrepreneurs, CEOs and Corporate executives. He manages his own company, Success Coaching and Consultancy Pte Ltd and is also the CEO of M I E Destiny Vibrations Creation Pte Ltd in Singapore.

Anthony is also a Business and Financial Consultant to Small and Medium Enterprises and has lectured on Finance and Accounting for Singapore Accountants Academy, Nanyang Polytechnic, University of Southern Queensland, Curtin University and La Trobe University.
He conducts workshops on finance, accounting and management accounting; and Letter of credit and credit management for MNCs which included clients such as SINGTELand Nagase in Singapore.

He also conducts such workshops in Malaysia under Asia Pacific Institute for Management Development since 2004.
Companies include:

    • Bank Negara
    • The Central Bank of Philippines (from Philippines)
    • Dunlop Malaysia
    • Exxon-Mobil Malaysia
    • SBB Mutual Berhad
    • International Islamic College
    • Hotel Armada of Petaling Jaya
    • The Golf Club, Datai Bay
    • Goodyear Rubber Industries Sdn Bhd
    • TNT Malaysia
    • CEOs and businessmen.                 

He holds an Associated Certified Meta-Coach (ACMC) certification from the International Society of Neuro-Semantics (ISNS) and Certified Master Coach from Behavioral Coaching Institute, Australia.


Anthony is a member of the Association of Chartered Certified Accountants (U.K.) and holds a MBA from the distinguished Cranfield School of Management, United Kingdom.
He also holds an Advanced Postgraduate Diploma in Management Consultancy from the distinguished Henley Management College in United Kingdom.  He has a Diploma in Business Law from the National University of Singapore.

He is also an Energy Facilitator and Teacher on The EMF Balancing Technique®     Phase I to IV. This is the energy system designed to work with the Universal Calibration Lattic ®, a system in the human energy anatomy.  This supports his Stress Management and Emotions Release Programmes conducted for Managers and Executives. He is also a Certified Master Hypnosis and Hypnotherapist.  

 

 

 
 
 
Who Should Attend

*Entrepreneurs, Business Professionals, Non-Financial Professionals, Heads of Department, Managers, Sales and Marketing personnel, Executives and those who are interested in developing practical business financial management skills. This course is meant for those who already have some basic level of accounting knowledge.

 
For more information, please call Lynn at
68611000 or email us at learning@jobsdb.com.sg

 

 
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