Read, analyze and interpret the Financial StatementsPosted Date : 29 Jun 10
Introduction
The financial statements are the key documents that would give any interested person an insight into the financial aspects of any organization be it “for profit” or “not for profit”. Understanding these statements and being able to use them effectively enable any managers to evaluate the financial performance as well as the financial position of the entity in determining the relationship risks with the said entity. Such relationships may include investing, business partnership, credit assessment, etc.
Learning Objectives
To identify the structure and function of financial statements, reports and other statements in the Annual Report
To be able to differentiate between cash flow, profit and net worth
To be able to use financial and non-financial data in a Company’s Annual Report to evaluate its performance and position
To use financial ratios to assess a company’s liquidity, profitability, management efficiency, financial structure and market performance
To be able to use Market Performance Ratios to determine the valuation and performance of a company’s shares
Course Content
1) An overview of financial reporting
Understanding Financial Reporting
Legal & Professional Requirements
Information Quality, Disclosure and Presentation
2) Accounting concepts and principles
Fundamental Assumptions
Concepts, principles and convention
3) Structure and Contents of financial statements
Income Statement
Balance Sheet
Cash Flow Statement
Notes to the Financial Statements
4) The Annual Report
Reports and Statements
Understanding the Auditor’s Report
5) Business financial performance
Measuring Profitability
Quality of Earnings
Working Capital and Efficiency
6) Business financial position
Measuring Liquidity and Solvency
Assessing cash flow
7) Market Performance & Valuation
Understanding share valuation
P/E Ratio, Dividend Yield and Net Tangible Asset
Facilitator
Mr. Winson Han is a Chartered Accountant by profession and has over 25 years of experience having served in various roles as practicing accountant, company secretary, financial controller and management consultant. He is also an accredited Certified Trainer by the Human Resource Development Fund (PSMB).
He has facilitated many public and in-house seminars in financial analysis, financial planning & budgeting, credit and collections for clients like Sime Darby, TNB, TM, RHB Bank, MIA, CIMA, etc over the years. He is also the principal facilitator for “Financial Analysis and Valuation”, a core paper for a post graduate diploma in applied finance and investment awarded by FINSIA, Australia.
Mr. Han holds a degree in commerce from New Zealand and is a member of the New Zealand Institute of Chartered Accountants, Malaysian Institute of Accountants and Malaysian Association of Company Secretaries.
He is now the managing consultant of Arrow Consulting Team Sdn Bhd, a company that specializes in assisting the small and medium enterprises in bringing about improvement in its business processes and profitability. Controlling and reducing cost is an integral part of the business process.
Venue, Date and Time
9.00 am – 5.00 pm
04 & 05 August 2010, ( Wednesday and Thursday )
Park Royal Hotel, Jalan Sultan Ismail, 50250 Kuala Lumpur
Course Fee: RM1200.00 per person
Course fee includes 2 tea breaks (morning and afternoon), a lunch, course material and certificate of attendance.
Early Bird and Group Discount
Register and pay up at least 3 weeks before the event and enjoy a discounted fee of RM1100.00 per person. Group of 3 or more participants from the same company will enjoy a 10% discount on the applicable fee.
