Financial Management For Non-Finance Managers

SIM Professional Development


Course introduction

Learn financial management techniques to enhance your business analytical, risk management and decision making skills. You will need these critical skills to effectively manage your business going forward from this global recession and financial crisis.



Course Benefits


This workshop helps you to:

link decision making and the impact on the companys profitability
use financial management tools to diagnose the financial health of businesses
use financial management tools to evaluate projects financial viability and enhance shareholders wealth
become a more effective business manager



Target Audience


Level 2: Supervisor, Executive & Emerging Managers
Level 3: New Managers
Level 4: Managers

For all non-financial managers and executives in every functional management area and industry. The financial management tools help enhance your financial acumen, decision making and business strategy management effectiveness.



Course Outline


Understand Basic Financial Statements and Terminology

  • Balance sheet - assets, equity and liabilities
  • Profit and loss account - matching revenues to expenses
  • Accruals accounting - Difference between profits and cash
Learn to Play a Business Simulation Game Called "Insight"

Understand How Financial Management supports effective business strategy

Using Financial Ratios to evaluate the financial health of a business:
  • Profitability ratios
  • Liquidity ratios
  • Management effectiveness ratios
  • Financial risk ratio
  • Stock market ratios and investors return on investment ratios
  • Using real multi national companies’ ratios for discussion and learning
Sources of Business Funding – Equity and Debt Capital
  • Cost of equity capital
  • Cost of debt capital
  • Debt capital and taxation
  • Weighted average cost of capital (WACC)
  • Gearing and the impact on the Weighted Cost Of Capital
Capital/Project Investment Evaluation Techniques
  • Return on investment (ROI)
  • Pay back
  • Net Present value (NPV) of discounted cash flows (DCF)
  • How effective WACC management can impact NPVs and project profitability
  • NPV and maximizing shareholders wealth
  • Internal rate of return (IRR)
  • Project sensitivity analysis
Learning Features

Lectures, sharing of practical experiences and the use of a business simulation game invented by Jin will help you apply what you learn immediately.



Available Course Sessions


Please click here to stay updated on upcoming sessions.



Trainer Profile


Chan Kieng Jin

Chan Kieng Jin - Change Management Consultant & Business Coach
FCCA (UK), FCPA(Australia), CPA (S'pore), MCIM (UK), MBA (Int'l Mktg)

Mr Chan is the Managing Director of Insight Management Consultancy Pte Ltd which provides business consulting, business coaching and wealth management services. His expertise spans more than 20 years and covers different areas of change management including business strategy, marketing, sales management, finance and performance management.

Mr Chan has consulted, coached and trained for numerous multinationals and public listed companies in Asia. His multi-disciplinary educational background enables a comprehensive approach to his style of training and consultancy. To date, Mr Chan has trained and coached more than 50,000 executives and managers including entrepreneurs, CEOs and professionals.

As an eloquent speaker, he speaks frequently on many management topics to share his vast experiences and knowledge. He also invents business and financial simulation games for his training that have helped participants improve their knowledge and skills with impressive results.

Mr Chan is a Fellow Chartered Certified Accountant (UK), Fellow Certified Public Accountant (Australia), Certified Public Accountant (Singapore), member of The Chartered Institute of Marketing (UK), and holds an MBA in International Marketing.



 

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