Training On
Finance for Non-finance Manager
7-10 April 2015, Time: 6PM-8.30PM
A general understanding of Finance for Non-Financial Managers is needed in any business environment where individuals have to manage budgets or costs or to take responsibility for revenue or expenditure. With the increasing emphasis on business results it is necessary for every manager to know and understand some of the techniques and actions necessary to ensure that their unit achieves its objectives both in terms of task and also in terms of financial goals.
Learning Objectives
- Understand the importance of accounting procedure
- Understand basic financial terminology
- Be able to read and understand a Balance Sheet
- Be able to read and understand a Profit and Loss Statement
- Understand why liquidity is critical to business success
- Be able to read and understand cash flow forecasts and budgets
COURSE CONTENT
I. The Importance of Accounts
- Why are accounts needed?
- Who needs accounts?
II. Managing Money
- Where did the money come from?
- Where did the money go to?
III. Accounting for Business
- Three prime accounting questions
- How are we doing and how did we do?
- How are we going to do?
- Published accounts
IV. Balance Sheets
- Typical layout of a balance sheet
- Fixed assets and Current assets
- Creditors (Due within one year & due after more than one year)
- Net current asset
- Share Capital
- Reserves
V. Profit and Loss Account
- Revenue/Sales income
- Cost of goods sold
- Gross profit
- Taxation
- Dividends
- Typical layout of a profit and loss account
- Cash flow
VI. The Importance of Liquidity (Cash)
- What is liquidity?
- What is costs to maintain liquidity?
- Forecasts and Budgets
VII. Costs
- Types of cost
- Opportunity costs
- Transaction costs
VIII. Budgets
- What is a budget?
- Budgets discussion
- Plans into action
- Over/under budgeting
- Feedback
Trainer
Mr. KEA Bora has over 10 years experiences in Accounting and Finance, over 6 years in corporate business Strategy, Marketing and Sales. He also working in Malaysia to lead the customer retention management and Sales Analytics in Malaysia for Telcom industry almost 2 years and he is lecture in Accounting and Finance, Auditing, Marketing at Norton University almost 5 years. Trainer Specialist: Corporate Leadership, Strategic Thinking & Business Planning, Management & Business Development, Channel Distribution, Customer Lifecycle Management, Customer Analytic, Financial Analysis, Business Plan, Market Intelligent, Market Analysis, Financial Operations.
Training details
When: 7-10 April 2015, time 6:00PM-8:30PM
Venue: Park Café, Calmette
Fee: USD 120 per person, Early Bird: USD
90 before 5 April 2015.
Free: Refreshment, Material and Certificate.
Registration
Ms. Phat Pichny
H/P: 092 992 996
#4AB(SKD), National Road 5, Sangkat Km 6, PP.
Office: 023 45 45 678, 012 260 168
#4AB(SKD), National Road 5, Sangkat Km 6, PP.
Office: 023 45 45 678, 012 260 168
E-mail: pichny.phat@careerlane.net