Business performance today depends on the day-to-day decisions of managers at the operational and project levels. In order to make decisions that will maximize the value of organization, managers should also understand the financial aspects of business performance. This course will provide non-finance managers with knowledge in financial reporting, costing and the ‘know-how’ of financial management tools.

This course provides the necessary skills and knowledge to:

• Read and utilize Financial Statements in making decisions
• Understand principles of finance and costing.
• Understand corporate financial goals
• Analyze and interpret financial data
• Apply various financial tools for investment appraisals

This course provides participants with skills that are necessary to maintain a complete set of financial statements.

This programme will equip participants with the skill and knowledge needed to:

• Understand basic accounting principles and concepts.
• Understand related concepts of accounting information systems.
• Understanding different types of accounting books and documents.
• Apply proper accounting techniques to record business transactions.
• Demonstration and evaluation of accounting software in the market.
• Accounting records for income tax purposes.
• Practical principles of management and cost accounting.

Financial Reporting Standards prescribe the basis for presentation of financial statements in order to ensure comparability with both the enterprise’s own financial statements of previous periods and with the financial statements of other enterprises.

The course aims at providing guides and explanations on the preparation of corporate financial statements under Financial Reporting Standards in Malaysia. The course will cover both the principles and practical aspects of relevant standards for financial reporting for various small and medium enterprises.

Accounting personnel must be well verse with the current approved accounting standards and principles in preparation of financial reports. Analysis and interpretation of financial statements are critical roles for accountants.

This programme will teach the skill and knowledge needed to:

• Comply with advanced financial accounting practices and procedures.
• Prepare financial statements in accordance with Financial Reporting Standards.
• Analyze and interpret financial data for management.

Due to stiff competition, manufacturing organizations are under tremendous pressure to reduce costs and increase contribution margins from their operations.

This programme will equip participants with the skill and knowledge needed to:

• Apply effective costing principles and concepts.
• Use functional-based and activity-based cost accounting systems.
• Apply proper cost allocation methods.

Designed specifically for accounts personnel who would like to improve their financial expertise and knowledge, this workshop will enable participants to understand the roles of accounting department and its personnel to ensure an objective and reliable reporting environment.

The objective of the workshop is to produce competent accounts personnel in financial planning and management accounting.

This programme provide with the skill and knowledge needed to:

• Prepare annual reports, budgets, and cash flows statement.
• Applying identification and decision making with financial tools.
• Perform financial planning and to use control tools and techniques.
• Increase the competency and efficiency of your operations.

Forecasting in financial management is used to estimate a firm's future financial needs. Careful and thoughtful planning is a key element to the success of any business.

Without planning, a business may lose its sense of direction and its activities may flounder in the business environment.

Business planning has been described as “the why, the what, the how, and the who of being in business.”

This course will lead to understand:

• The purpose and process of financial forecasting.
• The purpose and process of financial planning and budgeting.
• The importance of capital budgeting for managers.
• Why firms need working capital and how to manage it to maximize shareholder value.