Advanced Financial Mastery Course For SMEs

In today's dynamic business environment, strategic management decisions are paramount for organizational success. While non-finance professionals may not have formal financial backgrounds, their ability to make informed strategic choices is greatly enhanced by a fundamental grasp of financial principles. Here, we explore the critical concepts and insights that empower individuals to navigate the financial terrain for strategic advantage.

Course Objectives:

• Financial Statement Analysis: Understand how to interpret and analyze financial statements to evaluate a company's financial health and performance
• Budgeting and Forecasting Skills: Develop the ability to create, manage, and leverage budgets and forecasts for strategic planning and resource allocation
• Cost Management Proficiency: Gain insights into various cost structures (fixed, variable, direct, indirect) and their impact on profitability, enabling better cost control
• Taxation Fundamentals: Acquire a foundational understanding of taxation principles and their implications for financial decision-making
• Financial Ratio Evaluation: Learn to use key financial ratios to evaluate liquidity, profitability, and leverage, enabling you to gauge a company's financial stability and performance

Who Should Attend:

• Division Manager
• Department Manager
• Head of Department
• Identified Future Leader
• Director
• General Manager

Course Outline:

• Day 1
• Module 1 - Anatomy of Accounting
• Business acumen, financial literacy and accounting literacy – getting the order right
• A system of organizing financial information
• Structure, language, and movement
• The Balance Sheet and how business events are represented in it
• The Income Statement and how it tells the profit story of a business
• Activity: Setting Up A Profitable Business
• Business Simulation 1 - Set up a successful business entity
• Business Simulation 2 - Business Margin Storage
• Module 2 - Business Transactions
• Borrowings/ Receive Equity Investments
• Buying on Credit
• Accrued Expense
• Deferred Revenue
• Account Receivable / Account Payable
• Depreciation / Amortization
• The six accrual scenarios
• Debits & Credits
• Activity: Business Simulation
• Business Simulation 3 - Sun Tzu Art of Accounting
• Module 3 - Cash Flow Management
• Cash Flow movement
• Why cash flow is so important
• 4 essential steps to improve company cash flow
• Advance cash flow strategy that new era company should know
• Day 2
• Recap of Day 1
• Module 4 - Depreciation vs Taxation
• Depreciation as a “Non-Cash” Expense
• Taxation Adjustment
• Module 5 - EBIT & EBITDA
• Usage of both Matrix
• Module 6 - Financial Statement Analysis
• Telling the business story
• The 3 levers of business
• 5 Key Indicators for business success
• Reflection and CFO Discussion
• Module 7 - Gross Profit Margin & Pricing
• Margins, Mark-Up, and Discounts
• How to do pricing
• Breakeven Analysis
• Module 8 - Real Case Studies
• CFO Discussions
•  Implication of theories to practical