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Finance for Non-Finance Managers

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Finance for Non-Finance Managers


This course empowers non-finance managers with the essential financial knowledge and skills needed to make key decisions and drive business success.

Finance is often known as the “language of business” and financial literacy is the key for developing business acumen. It is imperative for all managers and business owners to understand key financial principles and apply them in the real-world context.

Understanding finance is an essential building block for a solid understanding of business. Therefore, it is a precursor to mastering the numbers game in business. This skill will enable all managerial level employees to make better and more informed business decisions.

The ability to use numbers to the best advantage for business begins with the ability to read Financial Statements and to tell a compelling business story from the numbers reflected there. These skills are essentially required by non-finance professionals to manage their respective areas to become effective, all-rounded and professional managers.   

This 2-day finance for the non-finance program will demonstrate that learning accounting is a lot easier than you think. Designed using layman terms and language to facilitate a better understanding of the key principles and concepts. Participants will learn how to interpret and communicate financial situations and events from the Financial Statements and make better business decisions.

A must-attend program for busy managers looking to gain essential financial skills rapidly and enhance their decision-making abilities in the business world.

Don't let the number intimidate you! Over the past 15 years, we've successfully taught thousands of non-finance professionals to understand Budgeting, Income Statements, Balance Sheets, and Cash Flow Statements easily and effortlessly. Dive into corporate finance, decode financial statements like a pro, master budgeting, and make informed decisions for successful projects today!

On successful completion of this Finance for non Finance workshop, the participants are expected to be able to:

  • Elevate your financial expertise for business and professional growth.
  • Master the principles of accounting and finance fundamentals.
  • Analyze financial statements like a champion with ratio analysis.
  • Gain insider knowledge from seasoned corporate finance professionals.
  • Master funding sources, capital structure, and cost of capital.
  • Take charge of corporate investment and financing decisions.
  • Ace capital budgeting processes and investment choices.
  • Excel in budget planning and variance analysis.
  • Optimize project costs and enhance efficiency.
  • Equip yourself with powerful financial tools for intelligent decision-making.

This program is custom-made for non-finance professionals, heads of department and managers excelling in functional areas like Marketing & Sales, Project Management, Engineering, Human Resources, and Supply Chain Management (Sourcing, Procurement, Warehousing & Logistics, etc.)

2 DAYS TRAINING :
9.00AM - 10.30AM 
Module 1: Introduction to Business Acumen

  • Getting started on the right footing
  • Understanding Accounting and Finance
  • What are the 3 “L”s of Accounting?
  • The 5 Elements of Accounts
  • Getting the right perspective

10.30AM - 10.45AM Break

10.45AM - 1.00PM 
Module 2: Understanding A Balance Sheet

  • Starting from the Assets as the Base
  • Sources of funds from Liabilities
  • Sources of funds from Equity
  • Deducing the Accounting Equation
  • Duality Concept of Accounting

1.00PM - 2.00PM Lunch

2.00PM - 3.30PM 
Module 3: Understanding A Profit and Loss Account

  • Revenue / Income as the sources of funds
  • Expenses as the uses of funds
  • Profit is generated equity

3.30PM - 3.45PM Break

3.45PM - 5.00PM 
Module 4: Understanding A Profit and Loss Account (Continuation)

  • Accrual Concept of Accounting
  • The value cycle of a business

Day 2

9.00AM - 10.30AM 
Module 5: Accounting Typical Business Transactions

  • Recording typical business transactions
  • Understanding the logic of accounting
  • Interpreting the Income Statement
  • Interpreting the Balance Sheet
  • Telling the business story through Financial Statements

10.30AM - 10.45AM Break

10.45AM - 1.00PM 
Module 6: Understanding A Cash Flow Statement

  • Preparation and interpretation of Cash Flow Statement
  • The importance of Cash Flow Management
  • Effective Cash Management

1.00PM - 2.00PM Lunch

2.00PM - 3.30PM 
Module 7: Financial and Ratio Analysis

  • Introduction to financial analysis
  • Trend line and Industry benchmark
  • 5 categories of financial ratios: Activity, Profitability, Efficiency, Liquidity and Solvency

3.30PM - 3.45PM Break

3.45PM - 5.00PM 
Module 8: Budgeting

  • Types of Budgets
  • Understanding the budgeting process to control the business
  • Case Study

Our program will captivate you with interactive lectures, comprehensive course notes, engaging videos, and practical learning assessments.

LATOPS ARE REQUIRED.

En Suhaini Kasmuri (SK)
Chartered Accountant
MBA from Asia E University Malaysia
Bachelor Degree in Accounting, University Technology MARASK is a certified corporate trainer and business consultant specializing in design thinking and leadership development. He speaks passionately on people development, leadership behavioral change and innovation skills development for leaders and managers, particularly with a finance focus.

SK is currently a Senior Consultant at DT Leadership focusing on innovation development apart from being a trainer on finance-related programs. He has 24 years of corporate working experience in a diverse range of industries. He has held several key senior management level positions including Chief Financial Officer of ACASIA Communications Sdn Bhd, and Fiberail Sdn Bhd, a subsidiary company of Telekom Malaysia.

He carries with him over 2 decades of experience as a business controller with extensive exposure in financial management, corporate finance, and planning. He was also involved in several corporate exercises including merger and acquisition, due diligence reviews and restructuring of companies.

His highest achievements include helping to grow a medium-sized organization from RM50 million to RM250 million turnover over a period of 10 years by building on innovative
business focused on continuous improvement and also through merger and acquisition exercises. 
He has trained hundreds of representatives from large and medium-sized organizations that include:
DHL
Bank Muamalat Malaysia Berhad
DRB-Hicom Group
Tenaga Nasional Berhad
Among his participants, SK is known for his practical and applicable job-related content that is delivered in an interactive and engaging manner. He exerts considerable influence on design thinking focusing on finance and innovation skills with his pleasant persona during training to ensure an accelerated learning experience. When he is not training, SK consults on business on leadership development, business innovation, and corporate services. SK is a registered trainer with PSMB/HRDC.

OR

NAKULAN T.
Chartered Accountant
Fellow Member of Chartered Association of Certified Accountant - FCCA (UK)
Member of the Malaysian Institute of Accountants
Certified Trainer: Finance and Supply Chain Programs
Certified HRDF Trainer

Nakulan T (FCCA, RA), a Fellow of Certified Chartered Accountant, UK is a Principal Consultant with NT Business Consulting and Training responsible for Finance Transformation, Operational Effectiveness and Supply Chain Management solutions.

Nakulan is a talented professional with over 35 years of progressive accomplishments leading Finance, Sales and Supply Chain and project management initiatives for major businesses. A strong strategic planner, problem solver and persuasive leader. He has extensive experience with effective project management while consistently delivering desired results and contributing positively to revenue generating activities.

Nakulan comes with extensive practical work experience in auditing, financial accounting, treasury functions, administration, general management and corporate training.

Nakulan spent over 28 years working with a major global MNC – Colgate Palmolive Malaysia. His experience stretches across Finance, Commercial and Supply Chain operations. For over 8 years, he was a Director with the MNC with responsibility for all Customer Service & Logistics functions including Demand Planning /Inventory Management, Customer Service, Distribution Operations and Logistics Alliances.

He has managed roles in various Supply Chain Management like Demand and Supply Planning, Materials Management, Sourcing, Manufacturing Planning and Customer Service. He has keen interest and strengths in Supply Chain Strategy & Design, Supply Chain Processes, SCOR, Planning Tools and Training. He had played an instrumental role in implementing and driving the Managing Organization wide Initiatives and spearheading the Go-To Market Strategy for Inventory Optimization.

Nakulan has also conducted many training sessions sand workshops for managers, executives and non-executives in the area of finance, sales, customer service and supply chain management.

He is also an author, business coach and frequent speaker at the Malaysian Institute of Accountants.

We have a faculty of equally talented trainers who can cater to your organisation's specific needs in the event of substitution.

For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123

“I wasn’t too confident in reading financial information. I attended this online Interpreting Financial Statement course by iTrainingExpert and learned about the financial terms and important checks that I need to analyse on the forthcoming applications for loans. After completing the 2 days interactive webinar, I feel that I am more confident to comment on the financial statements of the applicants and am more precise in my work. I still need to practice along the way to continuously sharpen my skills.” Muhammad Azry, Business Building Manager, Malaysia Debt Ventures Berhad.

“I was very much looking forward to coming for the Interpreting Financial Statement course. I picked up the basics of financial statements, Balance Sheets, Profit &Loss, and Cashflow Statements as well as the various important ratios. I also learned to analyse the financial statements. I am now clearer and understand financial statements better. The trainer’s presentation was clear.” Audi Amalina Sinaga, Business Building Manager, Malaysia Debt Ventures Berhad.

“Before attending the course, I was not sure what financial indicators to focus on. During the course, I have a much clearer understanding of financial statements. After the course, I felt more confident to read Financial Reports. The trainer is very competent!.” Ong Kui Ann, Business Development Manager of Genesis Nutraceuticals Sdn Bhd

“Before attending the course, I was confused when reading the financial statements. This course helped me how to review and understand financial statements well. I have learned a lot during this training. The trainer is friendly and interesting.” PHOEBE FONG, Assistant Manager of Hitachi High-Tech IPC (Malaysia) Sdn Bhd

Normal Fee Early Bird Group Fee
Sign up 1 pax Sign up 1 pax Sign up 3 pax or more
Pay 1 day(s) before course starts Pay 14 day(s) before course starts Pay 14 day(s) before course starts
MYR 2990 per pax MYR 2600 per pax MYR 2500 per pax
USD 890 per pax USD 760 per pax USD 730 per pax

Upon successful completion of this program, you will receive a Certificate of Achievement on the final day of the program.

1. Online Payment by Credit card: You can opt to register and pay online with our latest payment
integration system through our website.
2. Bank Transfer- You can also opt to use GIRO or telegraphic transfer of payment via
international banks.
3. HRD Corp Claimable Courses Skim Bantuan Latihan Khas- Applicable to MalaysianEmployer Only

We'd happy to help.
Feel free to talk to us today, however most suitable for you.
Mobile call/ whatsapp: +6012 6869 628 | +6018 2175 123
Office: +603 8074 9056
Email: info@itrainingexpert.com
Website: www.itrainingexpert.com

RM 2600 RM 2990

36 days left for this offer

Available Sessions

Session Location Register
12 - 13 Nov 2024 SELANGOR, Malaysia Register
16 - 17 Jan 2025 SELANGOR, Malaysia Register
19 - 20 Mar 2025 SELANGOR, Malaysia Register
29 - 30 May 2025 SELANGOR, Malaysia Register
18 - 19 Jul 2025 SELANGOR, Malaysia Register
04 - 05 Sep 2025 SELANGOR, Malaysia Register
12 - 13 Nov 2025 SELANGOR, Malaysia Register

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