Budget and Cashflow Forecasting and Reporting Public Program by ITrainingExpert 2015
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ITRAININGEXPERT GLOBAL PLT ( LLP 0000201-LGN) Admin HQ: No 9, Jalan BK8A/2, Bandar Kinrara. 47180 Puchong, Selangor, Malaysia. Tel: +603 8074 9056 | Fax:+603 8082 4161 Email: [email protected] | Website: www.iTrainingEpert.com 29-30 January 2015 | 18-19 March 2015 | 8-9 October 2015 \ 1-2 December 2015 | Armada Hotel, PJ *Checkout the latest dates and training venues on http://www.itrainingexpert.com/course-calender.asp OVERVIEW Most managers are educated and trained for their functions, not for finance. Yet every manager is expected to understand finances well enough to make realistic budgets, manage cash, and hit his or her targets. This workshop will provide you with the skills and tools to do this, with the aim of achieving your organization’s overall goals. LEARNING OUTCOME Understand how budget is prepared Understand Cash Flow and learn to interpret the ‘story’ behind the numbers Prepare a cash flow budget to manage revenue SUITABLE FOR WHO Managing Directors/ CEO, Financial Controllers Accountants, Accounts/ Finance Managers/ Executives Administration Managers/ Executives Personnel Managers/ Executives HR Managers/ Executives, Entrepreneur COURSE OUTLINE ( 2 DAYS) Day 1 Understanding what cash flow is (i.e. operating cash flow/investing cash flow/financing cash flow) Understanding Accounting Terms: Profit, Revenue, Expenses, Expenditures, Cash flows Difference between cash flow and profit/loss Why ‘Turnover’ is an illusion and ‘Cash’ is real How to read and interpret the Cash Flow Statement in corporate reporting Understand the ‘Cash Flow Cycle’ Sources of Cash and Funding Understand ‘Treasury Management’ Ideal strategy for cash flow for business i.e “accelerate the collection of remittances and improve control of disbursement” policy and how to achieve it Planning cash flow for seasonal business How to manage during periods of ‘negative cash flows’ Other options for better cash flows What are budgets and the objective for Cash Understanding Capital vs Operating Expenditure Day 2 Preparing an Effective Cash Budget How to formulate assumptions and the basis for cash budgets Quick introductions financial statements (i.e: Profit /Loss statement and Balance Sheet.) Ratio analysis How to read and interpret the financial statement (What is the story behind the figures?) Learning and defining profitability, liquidity, working capital management and investment ratios Learning how each category of ratios is inter-related and interpretation of them and assessing the financial health of a company. (i.e. Is this company worth the value is says? Is the company hiding the real financial situation? Is this company worth investing in? Is this company suffering from financial crisis and going doldrums?) METHODOLOGY This workshop’s methodology is a combination of expert input, interactive practical exercises, lots of case studies, active group discussions and expert sharing.
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*Checkout the latest dates and training venues on http://www.itrainingexpert.com/course-calender.aspOVERVIEWMost managers are educated and trained for their functions, not for finance. Yet every manager is expected to understand finances well enough to make realistic budgets, manage cash, and hit his or her targets. This workshop will provide you with the skills and tools to do this, with the aim of achieving your organization’s overall goals. LEARNING OUTCOME- Understand how budget is prepared- Understand Cash Flow and learn to interpret the ‘story’ behind the numbers- Prepare a cash flow budget to manage revenue
Transcript of Budget and Cashflow Forecasting and Reporting Public Program by ITrainingExpert 2015
ITRAININGEXPERT GLOBAL PLT ( LLP 0000201-LGN)
Admin HQ: No 9, Jalan BK8A/2, Bandar Kinrara. 47180 Puchong, Selangor, Malaysia. Tel: +603 8074 9056 | Fax:+603 8082 4161
Email: [email protected] | Website: www.iTrainingEpert.com
29-30 January 2015 | 18-19 March 2015 | 8-9 October 2015 \ 1-2 December 2015 | Armada Hotel, PJ
*Checkout the latest dates and training venues on http://www.itrainingexpert.com/course-calender.asp
OVERVIEW Most managers are educated and trained for their functions, not for finance. Yet every manager is expected to understand finances well enough to make realistic budgets, manage cash, and hit his or her targets. This workshop will provide you with the skills and tools to do this, with the aim of achieving your organization’s overall goals. LEARNING OUTCOME
Understand how budget is prepared
Understand Cash Flow and learn to interpret the ‘story’ behind the numbers
Prepare a cash flow budget to manage revenue SUITABLE FOR WHO Managing Directors/ CEO, Financial Controllers Accountants, Accounts/ Finance Managers/ Executives Administration Managers/ Executives Personnel Managers/ Executives HR Managers/ Executives, Entrepreneur COURSE OUTLINE ( 2 DAYS) Day 1
Understanding what cash flow is (i.e. operating cash flow/investing cash flow/financing cash flow)
Understanding Accounting Terms: Profit, Revenue, Expenses, Expenditures, Cash flows
Difference between cash flow and profit/loss
Why ‘Turnover’ is an illusion and ‘Cash’ is real
How to read and interpret the Cash Flow Statement in corporate reporting
Understand the ‘Cash Flow Cycle’
Sources of Cash and Funding
Understand ‘Treasury Management’
Ideal strategy for cash flow for business i.e “accelerate the collection of remittances and improve control of disbursement” policy and how to achieve it
Planning cash flow for seasonal business
How to manage during periods of ‘negative cash flows’
Other options for better cash flows
What are budgets and the objective for Cash
Understanding Capital vs Operating Expenditure
Day 2
Preparing an Effective Cash Budget
How to formulate assumptions and the basis for cash budgets
Quick introductions financial statements (i.e: Profit /Loss statement and Balance Sheet.)
Ratio analysis
How to read and interpret the financial statement (What is the story behind the figures?)
Learning and defining profitability, liquidity, working capital management and investment ratios
Learning how each category of ratios is inter-related and interpretation of them and assessing the financial health of a company.
(i.e. Is this company worth the value is says? Is the company hiding the real financial situation? Is this company worth investing in? Is this company suffering from financial crisis and going doldrums?)
METHODOLOGY
This workshop’s methodology is a combination of expert input, interactive practical exercises, lots of case studies, active group discussions and expert sharing.
ITRAININGEXPERT GLOBAL PLT ( LLP 0000201-LGN)
Admin HQ: No 9, Jalan BK8A/2, Bandar Kinrara. 47180 Puchong, Selangor, Malaysia. Tel: +603 8074 9056 | Fax:+603 8082 4161
Email: [email protected] | Website: www.iTrainingEpert.com
COURSE LEADER Mr CS YUNG comes with 37 years of working experience in auditing, financial accounting, treasury functions, administration, general management , lecturing and corporate training. He started his career in a big four audit firm as an articled student and graduated as an accountant. Thereafter, he assumed positions of Accountant, Finance and Administration Manager, General Manager and Executive Director in various business sectors, including financial, retailing, distribution, healthcare and multi-level marketing. He is a member of the Malaysian Institute of Certified Public Accountants and Malaysian Institute of Accountants and is also a Certified Professional Trainer accredited by the International Professional Managers Association, UK. He specialises in training Financial and Accounting topics such as Finance for Non Finance Managers, Interpreting Financial Statements, Financial Ratio Analysis, Costing and Budgeting. He trains in both English and Mandarin. The training the topics that he has conducted include
Budgetary Control/ Budgeting For Effective Planning
Finance for Non - Finance Personnel
MiCPA Audit Guide for Practitioners
Practical Auditing/ Basic auditing techniques
Analytical Procedures
Management planning and team dynamics programme
Practical Accounting Skills/Preparing Full set of financial statements
Risk and Control : two sides of a coin
Effective Internal Controls – The Right Way to Manage Risks
Planning an audit of financial statements
Understanding the audit process Yung also sat on the board of a public listed company as independent non-executive director (A.C.E). Yung is also iTrainingExpert.com's associate trainer specialising in Finance and Accounting. For any consultancy, speaking or training engagements, feel free to contact him at [email protected].
INVESTMENT ( PUBLIC PROGRAM)
Normal fee RM 2590.00 |USD 950 per pax
Early Bird
(Payment must be 14 days
before the course
commence)
RM 1990.00 |USD 750 per pax
Group Registration
(Minimum of 3 participants
register together)
RM 1890.00 | USD 700 per pax
(Fee inclusive of GST, Buffet Lunch, Refreshment, Training Materials Certificate of Achievement) Effective 1 Apr 2015, a 6% GST is applicable. REGISTRATION
1. Download Registration from: HERE
2. Register online: http://itrainingexpert.com/course/52/Budgeting-
and-Cash-Flow-Forecasting-and-Reporting.html
2. All registrations MUST be accompanied within PAYMENT 14 days
after the issuance of invoice or fully paid before the event.
3. Completed registration form with cheque or telegraphic transfer
should be made in favor of "ITRAININGEXPERT GLOBAL PLT".
Bank into "CIMB BANK BERHAD." Account No: 800 356 1683. Swift
Code: CIBBMYKL. Scan & email to [email protected] the bank-
in slip to us.
4. This training programme is SBL Claimable *Subject to PSMB
conditions.
5. We Are An Approved Training Provider Under SBL Scheme With
Pembangunan Sumber Manusia Berhad, Malaysia. (PSMB/HRDF).
6. Personal Data is gathered for registration is in accordance with the Personal Data Protection Act 2010 (Act 709).
