Classroom/ Online: Yes/ Yes
Scheduling Date(s):
1) Dec 12 - 13, 2024 (classroom)
Note: Please click specific date for detailed venue and course fee etc.
SMART Finance For Non-Finance Professionals
SMART Finance for Non-Finance Professionals is a two-day workshop which aim to provide
learners an overview of the financial knowledge and essentials to assist the managers and
executives in their daily activities in apply fundamental financial management knowledge to
the business.
learners an overview of the financial knowledge and essentials to assist the managers and
executives in their daily activities in apply fundamental financial management knowledge to
the business.
Objective
By the end of the course, learners will be able to:
- Understand and Apply Key Financial Terminology
- Understand Common Accounting Principles and Concepts
- Understand the key financial statements and make business decisions
- Identify and Apply Common Financial Ratio and Interpretations
- Read and Interpret Annual Reports
- Understand and Monitor Budgeting and Forecasting
- Gain insight into popular cloud accounting software and how it can improve work efficiency and productivity
Outline
- Introduction
• What is Accounting & Finance? - The Accounting Cycle
• Underlying Principles - Financial Statements
a. Balance Sheet
• Assets, Liabilities, Equity
b. Income Statement
• Revenue, Cost of Goods Sold, Expenses
c. Cash Flow Statement - Chart of Account
• R E C A L - Review of Key Financial Terminology
&bill; Debit and Credit - Financial Ratio Analysis
• Liquidity Ratios
• Profitability Ratios
• Solvency Ratios
• Asset Management Ratios
• Stock Market Ratios - Cashflow Management
• Cashflow Cycle
• Effective Cashflow Management techniques - Identify High and Low Risk Companies
• Types of Business Risks
• Identify Financial Risks - Budgeting and Strategy Planning
• The Budgeting Process - Introduction to Cloud-Based Accounting System
• Xero Accounting System
• QuickBooks Accounting System
Who should attend
Non-Finance Professional including Admin, Human Resource, Procurement, Marketing and
Sales, Project Managers, Heads of Department, Business Heads, GMs, CEO, Entrepreneurs
Sales, Project Managers, Heads of Department, Business Heads, GMs, CEO, Entrepreneurs
Methodology
This course will be conducted where quizzes and group work will be used to reinforce
learning. Illustrations, questions and real-world examples from the trainer and participants’
experiences will be shared during the course. Case Studies and Accounting Software will be
used to facilitate practical learning.
learning. Illustrations, questions and real-world examples from the trainer and participants’
experiences will be shared during the course. Case Studies and Accounting Software will be
used to facilitate practical learning.
Profile of Gary Chan
Chartered Certified Accountant, (ACCA, UK)
MBA in International Business (Henley Business School / University of Reading, UK)
MSc in Strategic Marketing (National University of Ireland)
Certified Trainer & Assessor (WDA-ACTA, Singapore)
Certified Advisors ( Xero and QuickBooks Accounting System )
MBA in International Business (Henley Business School / University of Reading, UK)
MSc in Strategic Marketing (National University of Ireland)
Certified Trainer & Assessor (WDA-ACTA, Singapore)
Certified Advisors ( Xero and QuickBooks Accounting System )
Gary Chan has held various senior management roles in both local and international organizations including that of Regional Director and CFO for a large MNC, Director of Corporate Services for an SME, and Vice President for the Asia Pacific for a Fortune 500 company. These have enabled him to accumulate more than thirty years of extensive corporate finance and business leadership experience in his current role as a much sought-after corporate trainer and consultant; particularly in accounting, finance, business management, and development as well as strategic planning and implementation.
Gary is a Chartered Accountant (ACCA, UK) and started his career as an external auditor with Price Waterhouse Coopers. He possesses an MBA in Business Administration from Henley University in the UK, majoring in International Business. In addition, Gary holds a Master of Science from the National University of Ireland, majoring in Strategic Marketing. Gary is a registered Chartered Accountant member with the Institute of Singapore Chartered Accountants (ISCA).
Gary is passionate about helping people change and re-learn the way they lead, manage, think, create, and collaborate with the aim of supporting his learners in their journey to attain personal and organizational success.
Gary utilizes his creativity and real-world examples in conducting his training. He is passionately fond of training and always willing to share with others all that he knows. His outgoing pleasant personality and confident disposition coupled with his lively, light-hearted, thoughtful, engaging, liberally sprinkled with humour and always relevant to his learners’ needs have made his training more lively, fun and insightful.
Gary represents several departments of government and non-profit organizations in providing volunteer works and training to the public. Gary has been featured in the media locally and regionally. Gary is the founder of a local Skill Training & Consulting which provides training and advisory on Accounting, Tax, Financial Management, Financial Planning, Regional Business Development/Expansion, and Strategic Planning and Implementation.