Practical Finance for Non-Finance Managers
In modern business troubled with volatility, uncertainty, complexity and ambiguity, it is important for non-finance managers and professionals to develop their financial competency to enable business success and accelerate their career development. After this workshop, non-finance managers will be able to read and interpret key financial information and will be able to communicate financial matters more confidently.
Join this introductory programme and develop your essential financial knowledge and skills for business management. You will learn to master the practical “how-tos” of finance, from capex to opex, accruals to prepayment, accounts receivables to working capital and financial impact of common transactions. This workshop shows you the concepts and techniques that can help you make your decisions pay off – on the job and on the bottom line!
It’s with great pleasure that we present this training and networking opportunity in collaboration with the German Chamber of Hong Kong. Please note, the deadline for registrations is Thursday, 4 July 2024. Follow the link for details and registration at the website of the German Chamber of Hong Kong.
Objectives
- Be able to quickly read, extract and interpret key financial information from income statements and balance sheets
- Become familiar with common accounting terminologies
- Understand important accounting principles and identify the financial impact of common business transactions
- Be able to analyse and interpret key changes and improvement areas from income statements using financial ratios
Key Topics
Reading Key Financial Statements Smartly
- Understanding key financial statements – Income Statement and Balance Sheet
- Common accounting terms: major income & expenses, assets & liabilities, debts & equity
- Reading and interpreting key financial information from the Income Statement and Balance Sheet of company annual reports
Understanding Important Accounting Principles and their Financial Impact
- Accrual and matching concepts: proper income and expenses in proper period
- Fixed assets and depreciation: distinguishing between Capex and Opex, profit and cash
- Examining the financial impact of common business transactions in different scenarios
Income Statement Analysis for Interpreting Business Results
- Financial ratio analysis on income statements to look at growth, profitability and expenses efficiency
- Case on Income Statement analysis: interpreting key changes and improvement areas
Who Should Attend
Non-finance managers with little accounting knowledge who need to read and interpret financial information in daily business, from every function and staff level in any industry. Non-finance professionals including IT, engineers, lawyers, human resources and other professionals who need to communicate on financial matters.
This training is the first module of a two-part Finance for Non-Finance Executive training series presented by Dew-Point. Click here for details of the second module of the training series.
Time & Date
Date: Thursday, 11 July 2024
Time: 9:30 am – 5:30 pm
Venue: GermanHub™, 19/F, COFCO Tower, 262 Gloucester Road, Causeway Bay, Hong Kong
Cost: HK$3500 per person for GCC members / HK$3800 per person for non-members. *Includes refreshment.
Remarks: Seats are limited. Booking priority given to members on a first-come, first-served basis.
Registration Deadline: Thursday, 4 July 2024
