Course Information
- 15 Nov 2024 (Fri)
(FEE
HKMA Member: HK$2,800
Non-member: HK$2,950
Early Bird Discount: HK$200 less each
(For those who enrol and pay one month before the course commencement date)
Group Discount: HK$200 less each
(For those companies which send a total of two or more participants to this course and enrol at the same time))
Course Overview
Financial information can be intimidating for people who do not have to number crunch on a daily basis. At the same time, the decisions non-financial managers take have a bearing on the business entity’s overall financial performance. This workshop is designed to explain the key concepts of finance, including the tools and techniques like ratio analysis, budgeting, and some finance forecasting techniques, break it down to make finance appetizing for non-financial managers and give them a financial voice and help them in taking business decisions.
DESIGNED FOR
Executives and Managers who are interested or involved in financial field
OBJECTIVES
Upon completion of this course, participants will be able to:
- Describe financial matters in proper accounting language
- Prove the reliability of financial data
- Spot the key contents in a financial statement
- Understand the true meaning of financial data
- Prepare business and financial budgets
- Evaluate the value of a business
What You’ll Learn
CONTENTS
1. How to Use The Generally Accepted Accounting Principles When Preparing Income and Expense Reports:
- The environment of financial accounting
- Basic accounting principles
- Application of accounting principles
- Structure of financial statements
2. How to Spot The Key Contents in Financial Statements:
- Income statement
- Balance sheet
- Cash flow statement
- Changes in owners’ equity statement
3. How to Understand The True Meaning of Financial Data
- Ratio analysis
- Analytical skills
4. How to Fit Profit Planning Into Your Budgeting:
- The tools of profit planning
- Break-even analysis
- Budgeting process
- The master budget
5. How to Evaluate The Value of Your Business:
- Capital budgeting
- Principles of capital expenditure evaluation
- ROI and profit goals
- Coping with risk and uncertainty