Overview
A practical and comprehensive approach for any staff in a statutory body, government agency or public corporation to understand the financial statements, made simple, to run its’ business or to protect its investment or to manage the business left by its Ministries.
Obviously a supervisor, executive or manager, appointed by the Ministry, is expected to read, analyse and interpret the financial goals set by them. These days our Malaysian economy is adversely affected by the poor performance of Global economy, everyone, especially government departments or agencies, will have to be watchful of its’ own performance.
Effective key performance indicators then enable YOU, managers, head, and other staffs to keep their fingers on the pulse of your department or agency to ride out of this recession. KPIs are financial and non-financial measures to help you define and evaluate how successful you had been, typically in terms of making progress towards your long-term goals.
The GLC Transformation manual of the Malaysian government had again set up another benchmark for the Malaysian companies to adopt; either to fend off business closures or to grow aggressively for the benefits of the shareholders. You can use them too.
The GLC Transformation manual of the Malaysian government had again set up another benchmark for the Malaysian companies to adopt; either to fend off business closures or to grow aggressively for the benefits of the shareholders. You can use them too.
So, whatever the situations may be, either good or bad times, you must know how to set up practicable KPIs distinctly so that your team can follow. Then you have to be finance savvy with the understanding of the accounting and the financial statements to map your KPI and other goals
Learning Outcomes
By the end of the Financial Statements To Set Up Key Perfomance Indicators For High Performance Organisation course, you will be able to:
- lay down your expectation of what’s constitute a good operated department/agency
- avail to all available accounting information to assess and set up own goal posts to achieve
- maintain a continuous vigilance on the management of department/agency by all staffs
- appraise goals and strategies planned as well as to make immediate correction on these strategies,
- learn how to plan and set up Realistic Key Performance Indicators that would guide you out of any economic crisis
- probe on how to survive or even perform better in your business
- look at the historical performance data to estimate the future performance of your business, especially today
- plan a business model to achieve the KPIs
Who Must Attend
After completing the course, you will be able to develop your personal skill in reading and interpreting the accounting issues and the impacts from these financial statements, and at the same times, you would be confident enough to set down the various key performance indicators better.
This "Understanding Financial Statements To Set Up Key Perfomance Indicators For High Performance Organisation| intensive training program is suitable for Supervisors, Executives, Assistant Managers,Manager, Accountants,Department Heads,General Managers and Senior Management
Course Details
DAY ONE
Module 1: FULL SET OF ACCOUNTS AND HOW TO READ ITS NUMBERS FOR BUSINESS
Module 1: FULL SET OF ACCOUNTS AND HOW TO READ ITS NUMBERS FOR BUSINESS
- - Nature and limitations of financial statements
- - Measurement and interpretation
- - Current trends in accounting procedure
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- Some pertinent Financial Reporting Standards
Module 2: TECHNIQUES OF FINANCIAL STATEMENT ANALYSIS
- - Corporate financial statements
- - Statements of causes and changes
- - Changes in financial position
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- CASE SITUATIONS: GUTHRIE INDO and MPLANT
Module 3: VARIATION IN INCOME
- - Statement accounting
- - Analysis of gross profit margin
- - Analysis of variation in sales
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- Analysis of variation in cost of goods sold
Module 4: REVIEWING BASICS OF FINANCIAL STATEMENTS
- - Balance sheet
- - Profit and loss statement
- - Different ratios and percentages
Module 5: STATEMENT OF CASH FLOW
- - Cash flow from operating activities
- - Cash flow from investing activities
- - Cash flow from financing activities
Module 6:STATEMENT OF RETAINED EARNINGS
DAY TWO
Module 7: ASSET MANAGEMENT
- Managing debtor policy
- Stock valuation methods
- Depreciation
- CASE SITUATION: TH HIN
Module 8: MORE RATIOS
- Investment ratios and how to use them
- CASE SITUATIONS: KPJ and KULIM
Module 9: FINANCIAL PLANNING
- Break-even analysis
- Leverage
- Decision tree analysis
- Cost-benefit analysis
Module 10: FINANCIAL REPORTS MEASURE PERFORMANCE
- What is Fundamental Analysis?
- How to use Annual, Management and Auditor Reports?
- How to probe the Income Statement, Balance Sheet and Cash Flow Statement?
- Why pay attention on the Notes to Financial Statement?
- CASE STUDIES on CPIB, and Cash Flows Statement
Module 11: BUSINESS MODELS FOR ALLOCATION OF RESOURCES
- How Fundamental Analysis assesses Liquidity, Asset Quality, Earnings, Leverage, Debt Service Coverage, Profitability and Growth?
- How to use P/E ratio as a guidepost?
- How P/E ratio can lead to Dilutive or Accretive deals that can or will not benefit the shareholders?
- How a business model remains the bedrock of every successful business?
- CASE STUDIES on MAYBANK, MAS, and CPIB
Methodology
Interactive presentation, case studies, discussion and role play
Course Leader
Mr SY Lee
B Econ (Hon) AIB D.MM
C.FP AIBM
Certified Professional Trainer
He has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.
He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m.
He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah.
Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.
His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department.
Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) Certificate in Financial Planning (MII), and Associate of Institu- Institut Bank Malaysia.
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Email: info@itrainingexpert.com
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