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Finance for Leaders Print E-mail

FINANCE FOR LEADERS Course
The success only comes when you can control your financial status, which is the backbone of your enterprises.

Financial crisis is the time for us to put more thoughts on cash flow balance, cost cutting, tax optimization, choose the right period, investment value and return on investment.
Objectives

As a Director
, have you ever been in similar situations:
  • “I am doing business without knowing how much money I have”;
  • “As I have no idea about tax or accounting, I rely on my chief accountant and sign on what ever documents s/he gives me”; or
  • “profits were distributed but we don't know if we have to ask for return for tax payment”; and
  • "we have several big projects going on which seem profitable. But I can't understand the accompanied sophisticated accounting figures"

All the answers can be found in the course “Finance for non Financial Leaders” which equips you with:

  • The viewpoint on how to use Finance – Accounting information to make essential management decisions such as working capital management, budget making, investment analysis...
  • Examples of the typical, standard financial reports with plenty of explanation that will help attendances understand those same kinds of reports when they see them in their company
  • Knowledge on cash flow, its importance and how to manage it
  • Some help in mastering the tools of finance where they can be useful to attendances without wasting time explaining the deep details that will likely never benefit attendances
  • Huge practical knowledge about tax, basic impacts of tax to enterprises and individuals, typical concerns of businesses and the way to legally minimize tax liabilities
Contents

Part 1: Overview on Accounting and Finance
  • General regulations and accounting principles
  • Basic factor
    • Financial accounting
    • Cost accounting and management accounting
  • Accounting transaction recognistion and limitation of accounting
  • Financial statement introduction
  • Cost price, price fixed methods
  • Finance introduction
Part 2: Decision making, plan making and managing based on accounting information
  • Meaning of financial statements?
  • Working capital management
  • Budget making and control the use of budget estimates
  • Making business plan and cashflow estimation
  • Investment analysis
Part 3: Tax and impacts
  • Business Income Tax
  • VAT
  • Personal Income Tax
Attendances

The course is tailor for senior management, departmental heads, non-financial managers, for those who want to improve their knowledge on finance and accounting.

Lecturers

Qualified lecturers with extensive professional experience and effective delivery approach.


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