4 DAYS COURSE OUTLINE - FINANCIAL INTERPRETATION AND MANAGEMENT FOR HIGH PERFORMANCE RESULTS

Financial Interpretation & Management :

Learning outcome:

Upon completion of this course, participants will be able to:

1. analyse the financial ratios confidently and able to assess the overall of its big picture.

2. monitor, measure, manage and motivate to achieve the desired results in line its pre-set direction.

3. interpret and understand the financial statements appropriately by looking at their past track records and how they craft their appropriate strategic and operational plans in sustaining its business growth and profitability.

4. awareness of its inner strengths, weaknesses and determine whether its management is capable to response appropriately to the external changes

5. unlock their business potentials by focusing on People, Profit, Purpose, Performance, Planet and Process.

6. determine how effective they can shift their mind and making transformational plans to achieve its profound results

7. interpret Financial Statements for their effectiveness, relevance and vulnerabilities

8. Analyse the impact of certain financial statement choices on key financial ratios and what to look for

Day 1 – Interpreting Financial Statements

Icebreaker

·       Fundamental Concepts:
• Matching
• Historical Cost
• Going concern
• Comparability
• Assets = Liabilities + Equity

·       Balance Sheet:
• Assets and liabilities (detailed discussion)
• Debt features and terms
• Introduction of related period expenses
(depreciation, amortization, interest expense, etc.)
• Equity (detailed discussion and its components)

·       Income Statement:
• Income statement (detailed discussion)
• Earning Before Income Taxes
• Relationships with the balance sheet

·       Supporting Information
• Notes to the Accounts and what to look for

·       What are their usefulness and limitations

·       What are the challenges and new trends

·       Group discussion

Day 2 – Advanced Accounting for Management

·       Cash Flow Statement:
• Mechanics and flow
• Detailed construction
• Earning Before Interest, Taxes, Depreciation and Amortization

·       Time Value of Money:
• An introduction

Other Topics:
• Earning Per Share

• Free Cash Flow / Cash Conversion Cycle

Day 3 – Various Financial, Non-Financial Ratios and Leading Indicators

•         Analysis and diagnose tools

•         This session explores the various financial diagnosis, meanings, relationships, dimensions and their implications. Bench Marking, efficiency and improvement measures.

•         Lagging and leading indicators

•           Key Success Areas

             Look the real cases

•           80/20 Rules and Principles

•          Ratio analysis and case study
•          Leases (operating vs. capital)
•         Their usefulness, relationship and limitations

•         Leading and Lagging Indicators

Case study, group presentation and discussion

Day 4 – 9 Pointers, Quality and External Aspects

          •         Quick Bird’s Eye View and the template

          •         The various key concern areas

•         What to look for -  See beyond the numbers

          •         The Big Pictures - Sustainable Business Growth & profitability

          •         Vision, Mission and Strategy

•         This session explores what is the big picture of the business, the financial literacy, business acumen and their functions

•         Industry Outlook - Industry trends and challenges           

          •         International markets, currency exchange ratios and interest Rate regime

          •         Resources

          •         Technological influences

•        Global economy outlook

•        Qualitative Aspects - Culture/ Core Values

•        Core Competency

•        Integrity

•        Energy

•        Leadership

•        Response to external Changes

          •        Key opportunities & Priorities

          •        This session explores the challenges and issues

          •         Changes, development, transit and transformation

                    Real cases and Their Pitfalls Discussion       

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