University of Nottingham Malaysia
Nottingham University Business School
     
  

Executive Education: Finance for non-finance Managers at SMEs

Date: 12-13 June 2019
Venue: Pullman Kuala Lumpur City Centre Hotel, Kuala Lumpur
Normal price: RM2,600/person 
Registration deadline: 10 May 2019


This programme provides solutions to all non-financial managers and executives who are cognizant of limitations in discharging their duties due to the lack of accounting and financial knowledge. 

Non-financial key personnel who have little or no knowledge in accounting and finance should be trained in essential financial techniques to enable them to make use of financial information more effectively in their day-to-day business activities. 

This programme is tailor-made for non-financial managers and executives at all levels. It is also equally useful to entrepreneurs of all industries. It is designed specifically in order to provide practical hands-on exposure.

Programme overview  

In today’s business environment, accounting and finance functions are more than dealing with recording transactions and financing. Accounting, and finance, have become strategic functions and critical success factors of many companies. Therefore, knowledge and essential skills in accounting and finance are no longer the concern of finance managers and CFOs only. In fact, it is essential for all non-financial managers and executives to be able to deal with accounting and finance decisions in their respective companies. This programme is designed to impart essential financial knowledge and skills for making business decisions.

Learning outcomes:  

Upon completion of this programme, you will be able to: 

  • Understand accounting and finance terms and concepts
  • Read and interpret financial reports and statements with accuracy
  • Evaluate the impact of accounting policies on financial performance
  • Manage financial resources effectively
  • Carry out long-term financial planning
  • Evaluate working capital management
  • Evaluate various financial instruments
  • Analyse cost base for cost control
  • Build budgets and review budgets, and link it to performance evaluation 
  • Evaluate the links between financial and non-financial key performance indicators (KPI)
  • Communicate effectively with financial managers and personnel

Learning and teaching methodology

The programme is highly interactive where you learn through experiential activities. It engages you in a comprehensive, integrated curriculum conducive to extensive interaction via a workshop approach, using multiple methodologies as follows (but not limited to) 

  • PowerPoint presentations 
  • Discussions using real-life examples
  • Case studies of public listed companies  
  • Group discussions

Programme outline

Day One

Introduction 

  • Programme briefing, objectives and outline
  • Financial accounting and reporting
  • Financial resources management
  • Financial planning, control and decision making
  • Financial reporting framework

Understand financial reporting and financial statements  

  • Statement of financial position (balance sheet) and net assets
  • Statement of comprehensive income (income statement) and EPS 
  • Statement of changes in equity 
  • Statemement of cash flows and CFO
  • Significant accounting policies
  • Auditor's report
  • Other decision useful information in financial reporting

Assessing financial performance and position 

  • Evaluating financial performance
  • Evaluating financial position
  • Evaluating cash flow position
  • Techniques for financial statements analysis

Corporate financing  

  • Equity financing
  • Debt financing
  • Convertibles and warrants


Day Two

Capital expenditure and budgeting

  • Investment and business expansions 
  • Capital budgeting
  • Cash flow projection

Capital budgeting techniques

  • NPV, IRR, payback and etc 
  • Considering the uncertainties 

Working capital management

  • Cash flow management 
  • Receivable management 
  • Inventory management

Financial planning and budgeting

  • Corporate planning and strategies
  • Budgeting for control and implementing strategies
  • Budgeting and responsibility
  • Accurate forecasts and effective budgeting
  • Budgetary control
  • Budgeting and performance measurement

 

About the programme leader

Dr Lau Chee Kwong, BBA, MBA, PhD (Accounting), FCCA, FCPA, CA (M), has twenty years of practical experience in financial accounting and reporting, corporate finance, banking management, financial management, investments, academic administration, lecturing, corporate training and consultation work. He conducts training, lectures, and seminars for his corporate training clients including public listed companies, banks and financial institutions, regulators and Government bodies.
 
Dr Lau currently serves as an Associate Professor of Accounting and Dean at Nottingham University Business School Malaysia, lecturing for Bachelor's Degree programmes, MBA, Master of Finance, ACCA and CFA. His research papers have been published in journals and presented at national as well as international conferences. He served as a member of the Issues Committee of the Malaysian Accounting Standards Board (MASB) from 2008 to 2013. Dr Lau is a Malaysian Human Resource Development Fund (HRDF) Certified Trainer (TTT/7170). 
  

 

11289 

Register

Related links

Enquiries

If you have an enquiry about NUBS Malaysia's executive education programmes, please contact the executive education team.

 

Bookmark and Share

Nottingham University Business School

University of Nottingham Malaysia
Jalan Broga, 43500 Semenyih
Selangor Darul Ehsan
Malaysia

telephone: +6 (03) 8924 8000
fax: +6 (03) 8924 8019

Make an enquiry