Accounting for Non-Accounting Executives (14 hrs)

Course Code: FI-ANAE-01

This 2-Day course is specifically designed for non-finance executives to equip the knowledge and tools for understanding, analysing, and interpreting financial statements. It provides an effective step by step guide to understanding basic accounting through simplified terminologies and explaining the ratios in a straightforward manner. Participants will learn the key financial reporting elements in the annual report, how to read and understand the financial statements, and demonstrate the use of various financial statements analysis techniques to determine business performance.

Participants will be able to address the following questions after participating in the 2-Day course:

  • Understand nature of accounting and accounting process
  • Overcome financial lingo and communicate clearly with colleagues and other stakeholders
  • Appreciation of the major components in each of the financial statements and the inter-relationship among these financial statements
  • Reduce the risk of financial errors and judgement in managerial decision making by understanding the ins and outs of financial statements and what can and cannot be learned from them
  • Compare your financial performance to that of competitors and help to position your company to prospective clients, business partners, and employees
  • Use ratio analysis to determine key controls over revenue, expenditure, assets, and liabilities
  • Analyse real-life financial statements from companies listed on SGX

Basic Accounting Principles

  • Nature and role of accounting
  • Accounting process
  • Financial vs. management accounting
  • Users of accounting
  • Generally Accepted Accounting Principles (GAAP)
  • Accounting equation

Understanding Financial Statements

  • Statement of Financial Position (Balance Sheet)
  • Statement of Comprehensive Income (Income Statement)
  • Statement of Cash Flow
  • Common accounting warning signs
  • Real-life presentation and analysis of publicly traded companies

Financial Statements Analysis Techniques

  • Horizontal analysis and trend analysis
  • Vertical analysis
  • Ratio Analysis (profitability, liquidity, working capital efficiency, solvency, valuation, and market performance)
  • Limitation of ratio analysis
  • Financial reporting quality and red flags
  • Evaluate companies’ past performance

Participants will undergo experiential learning through hands-on exercises and worksheets to understand and apply the concepts learned during the course.

This course is suitable for non-finance executives performing functions in marketing, sales, production, research and development, production, engineering, human resources, information technology, and general office management who are in need of a basic overview of financial statements in carrying out their tasks in the work environment.

Duration : 2 days (14 hrs)
Time : 9:00am – 5:00pm

Course Fee : $595.00
Nett Fee Incl. 7% GST : $636.65

Key Benefits

Participants will be able to address the following questions after participating in the 2-Day course:

  • Understand nature of accounting and accounting process
  • Overcome financial lingo and communicate clearly with colleagues and other stakeholders
  • Appreciation of the major components in each of the financial statements and the inter-relationship among these financial statements
  • Reduce the risk of financial errors and judgement in managerial decision making by understanding the ins and outs of financial statements and what can and cannot be learned from them
  • Compare your financial performance to that of competitors and help to position your company to prospective clients, business partners, and employees
  • Use ratio analysis to determine key controls over revenue, expenditure, assets, and liabilities
  • Analyse real-life financial statements from companies listed on SGX
Course Contents

Basic Accounting Principles

  • Nature and role of accounting
  • Accounting process
  • Financial vs. management accounting
  • Users of accounting
  • Generally Accepted Accounting Principles (GAAP)
  • Accounting equation

Understanding Financial Statements

  • Statement of Financial Position (Balance Sheet)
  • Statement of Comprehensive Income (Income Statement)
  • Statement of Cash Flow
  • Common accounting warning signs
  • Real-life presentation and analysis of publicly traded companies

Financial Statements Analysis Techniques

  • Horizontal analysis and trend analysis
  • Vertical analysis
  • Ratio Analysis (profitability, liquidity, working capital efficiency, solvency, valuation, and market performance)
  • Limitation of ratio analysis
  • Financial reporting quality and red flags
  • Evaluate companies’ past performance
Learning Methodology

Participants will undergo experiential learning through hands-on exercises and worksheets to understand and apply the concepts learned during the course.

Who Should Attend

This course is suitable for non-finance executives performing functions in marketing, sales, production, research and development, production, engineering, human resources, information technology, and general office management who are in need of a basic overview of financial statements in carrying out their tasks in the work environment.

Course Details

Duration : 2 days (14 hrs)
Time : 9:00am – 5:00pm

Course Fee : $595.00
Nett Fee Incl. 7% GST : $636.65

Course Application

Details Registration
March 19, 2020 - March 20, 2020 (9:00 am - 5:00 pm) Closed
September 17, 2020 - September 18, 2020 (9:00 am - 5:00 pm) Closed