Financial Literacy in Business Management (11.5 hrs)
Course Code: TGS-2021004115 | SSG Funded
*Classroom-based Learning*
Managers, business owners and management executives need to understand and be able to analyse financial statements to exercise cost control, monitor financial performance of the business unit, and enhance profitability to meet financial goals.
This is a finance course for non-finance managers and provide a strong foundational understanding of accounting and preparing financial statements. You will be equipped with skills in financial analysis to guide decision-making, manage your business unit and formulate recommendations to improve financial performance.
Participants who fulfil all requirements will receive a Statement of Attainment (SOA) issued by SkillsFuture Singapore (SSG).
Participants will be equipped in these key competencies:
- Prepare Financial Statements
- Conduct Financial Analysis
- Financial Decision Making
Prepare Financial Statements
- Profit and Loss Accounts
- Balance Sheet
- Cashflow Statement
Analysing Financial Statements
- Classifications and Concepts
- Preparation of Financial Statements
- Financial Ratio Analysis
Financial Analysis in Business Decisions
- Objectives of Financial Analysis
- Methods of Financial Analysis
- Financial Analysis in Decision Making
Financial Analysis in Business Management and Planning
- Financial Analysis as a Business Tool
- Key Questions in Financial Analysis
- Improving Financial Performance
Participants will undergo blended learning incorporating 3 hours of asynchronous e-learning and 8.5 hours of classroom-based learning.
Part 1 : Asynchronous E-Learning
- 20 bite-size units
- The units must be completed prior to the delivery of the classroom-based learning
Part 2 : Classroom-based Learning
- Engaging learning with practical exercises and case studies.
This course is suitable for business owners, managers and management executives.
Duration : 8.5 Training Hours + 3 E-Learning Hours
Time : 9:00am to 6:30pm
With effect from 1 Jan 2024
| Type | Individuals | |||
| Singapore Citizens and Permanent Residents (Aged ≥ 21 years old) | Employer-sponsored and Self-Sponsored Singapore Citizens aged ≥ 40 years old | SME-sponsored Singapore Citizens and Permanent Residents | Non-SME-sponsored Singapore Citizens and Permanent Residents | |
| Type of Funding | ||||
| SkillsFuture Funding (Baseline) | SkillsFuture Mid-career Enhanced Subsidy | SkillsFuture Enhanced Training Support for SMEs | SkillsFuture Training Support for Non-SMEs | |
| Course Fee | $450.00 | $450.00 | $450.00 | $450.00 |
| Less: SkillsFuture Funding | $225.00 | $315.00 | $315.00 | $225.00 |
| Total Nett Fee | $225.00 | $135.00 | $135.00 | $225.00 |
| Add: GST @ 9% of Course Fee | $40.50 | $40.50 | $40.50 | $40.50 |
| Total Fee Payable | $265.50 | $175.50 | $175.50 | $265.50 |
Skill Code: RET-FIN-4001-1.1
Skill Title: Financial Analysis-4
Funding valid till date (TBA)
* Please click HERE for detailed information on general terms and conditions.
* Please click HERE for detailed information on course fee funding schemes, SkillsFuture credit, and complete listing of funded courses. This course is eligible for use of SkillsFuture credit.
(A course offered by YMCA Education Centre Limited UEN201020152Z)
Contact us for more information.
Participants will be equipped in these key competencies:
- Prepare Financial Statements
- Conduct Financial Analysis
- Financial Decision Making
Prepare Financial Statements
- Profit and Loss Accounts
- Balance Sheet
- Cashflow Statement
Analysing Financial Statements
- Classifications and Concepts
- Preparation of Financial Statements
- Financial Ratio Analysis
Financial Analysis in Business Decisions
- Objectives of Financial Analysis
- Methods of Financial Analysis
- Financial Analysis in Decision Making
Financial Analysis in Business Management and Planning
- Financial Analysis as a Business Tool
- Key Questions in Financial Analysis
- Improving Financial Performance
Participants will undergo blended learning incorporating 3 hours of asynchronous e-learning and 8.5 hours of classroom-based learning.
Part 1 : Asynchronous E-Learning
- 20 bite-size units
- The units must be completed prior to the delivery of the classroom-based learning
Part 2 : Classroom-based Learning
- Engaging learning with practical exercises and case studies.
This course is suitable for business owners, managers and management executives.
Duration : 8.5 Training Hours + 3 E-Learning Hours
Time : 9:00am to 6:30pm
With effect from 1 Jan 2024
| Type | Individuals | |||
| Singapore Citizens and Permanent Residents (Aged ≥ 21 years old) | Employer-sponsored and Self-Sponsored Singapore Citizens aged ≥ 40 years old | SME-sponsored Singapore Citizens and Permanent Residents | Non-SME-sponsored Singapore Citizens and Permanent Residents | |
| Type of Funding | ||||
| SkillsFuture Funding (Baseline) | SkillsFuture Mid-career Enhanced Subsidy | SkillsFuture Enhanced Training Support for SMEs | SkillsFuture Training Support for Non-SMEs | |
| Course Fee | $450.00 | $450.00 | $450.00 | $450.00 |
| Less: SkillsFuture Funding | $225.00 | $315.00 | $315.00 | $225.00 |
| Total Nett Fee | $225.00 | $135.00 | $135.00 | $225.00 |
| Add: GST @ 9% of Course Fee | $40.50 | $40.50 | $40.50 | $40.50 |
| Total Fee Payable | $265.50 | $175.50 | $175.50 | $265.50 |
Skill Code: RET-FIN-4001-1.1
Skill Title: Financial Analysis-4
Funding valid till date (TBA)
* Please click HERE for detailed information on general terms and conditions.
* Please click HERE for detailed information on course fee funding schemes, SkillsFuture credit, and complete listing of funded courses. This course is eligible for use of SkillsFuture credit.
(A course offered by YMCA Education Centre Limited UEN201020152Z)
Contact us for more information.
