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X-WR-CALNAME:NAST Training & Consultancy Sdn. Bhd.
X-ORIGINAL-URL:https://nastglobal.com
X-WR-CALDESC:Events for NAST Training & Consultancy Sdn. Bhd.
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DTSTART:20220101T000000
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DTSTART;TZID=Asia/Shanghai:20221004T090000
DTEND;TZID=Asia/Shanghai:20221005T170000
DTSTAMP:20260805T072458
CREATED:20220815T161850Z
LAST-MODIFIED:20220822T160551Z
UID:7577-1664874000-1664989200@nastglobal.com
SUMMARY:Accounting & Finance For Non-Accounting Executives
DESCRIPTION:Overview\nAccounting & Finance has always been recognized as a very key function in any organization and to all stakeholders. Information reports generated from these records can help managers to make a more informed and effective decisions to increase their organizational performance\, minimize corporate failure and better understanding of the various accounting & financial jargons and terms. \nObjectives and Learning Outcome \nTo enable the non-financial personnel to:\n➢ Achieve an understanding of Accounting Concepts\, Principles and Cycles.\n➢ Be able to read\, interpret and understand Financial reports.\n➢ Co-relate them to the health of the organization\n➢ Gain insight on Working Capital and day to Finance Management. \nDuration:2 Days \nMethodology:\n• Lectures\, group discussions and group assignments. \n• Calculator is required for this program \nCourse Outline \n1. Introduction\na. Introduction of Accounting\, finance and financial management.\nb. The role and need of accounting in business\nc. The Accounting Equation\nd. The economic value of activities of an organization \n2. Financial Accounting Function\na. Accounting Policies and Chart of Accounts\nb. Understand and comprehend the different components in Financial Reports:\ni. Manufacturing Account\nii. Trading and Profit and Loss Account (income Statement)\niii. Balance Sheet (Financial Position Statement)\niv. Cash Flow Statement\nv. Change in Equity Statement\nc. Cost Classifications\nd. Notional Expenses / Opportunity Cost\ne. Processing of transactions (day to day business activities) and books of accounts \n3. Management Accounting Function\na. Difference with Financial Accounting\, purpose and uses\nb. Types and methods of costing\, variance analysis\, breakeven point calculations\nc. Stock Valuation methods.\nd. Capital Investment Evaluation and Depreciation Methods\ne. Reading and Interpreting the financial statements using trend and ratios\, and its indication on the organization’s financial health.\nf. Monthly Management Accounting & Reporting format and content\, comparison and interpretation. \n4. Accountings Role in Management Context\na. Strategic Planning\, Annual Budget\, Quarterly Review\nb. Risk\, Control and Support Management to the operation. \n5. Company / Share Valuation and Goodwill Creation\na. NTA basis\nb. PE Ratio and earning multiples\nc. Super profit and Goodwill calculation\nd. Cash flow basis. \n6. Financial Management\na. Understand the relation between cash and profit\, prepayments\, accruals\, provisions\, goodwill\, etc.\nb. Equity\, short and long term financing and capital market instrument\nc. Financiers and Gearings\nd. Working Capital Management (operating cycle) and its impact on financing\ne. Self financing such as retained earnings\, dividend payments\, provisions\, etc.
URL:https://nastglobal.com/event/accounting-finance-for-non-accounting-executives/
LOCATION:NAST Training & Consultancy Sdn. Bhd.\, B-5-8 Plaza Mont Kiara\, Mont Kiara\, Kuala Lumpur\, 50480\, Malaysia
CATEGORIES:Accounts & Finance
ORGANIZER;CN="NAST%20Training%20And%20Consultancy":MAILTO:info@nastglobal.com
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