PROGRAM

SPECIAL WORKSHOP FEATURES Content of this workshop is based on the lifetime experience of the workshop leader Nothing beats real life in-depth case studies related to your own unique business experience

WHY ACCOUNTING AND FINANCE IS IMPORTANT TO NON-FINANCIAL EXECUTIVE

• The need for information
• The users of information
• The contrast between management accounting and financial accounting

An Overview of Corporate Financial Statements and Reports

UNDERSTANDING OF HOW THE FINANCIAL ACCOUNTS ARE CONSTRUCTED

• Accounting Concepts
• Accounting Principles
• Accounting Methods/Procedures
• Accounting Policies

THE ACCOUNTING CONCEPT/CONVENTION IN THE PREPARATION OF FINANCIAL STATEMENTS

• Entity Concept
• Objectivity Concept
• Stable Monetary Concept
• Going Concern Concept
• Consistency Concept
• Accrual Concept
• Prudence
• Substance over form
• Materiality

THE VARIOUS CORPORATE FINANCIAL STATEMENTS & REPORTS

• The Chairman Statement
• Report By The Board Of Directors
• Auditor's Report

NOTES TO ACCOUNTS

• In The Balance Sheet
• In The Profit & Loss Accounts

INTERPRETATION OF FINANCIAL STATEMENTS AND PERFORMANCE REPORTS

• The Profit and Loss Accounts
• The Balance Sheet
• The Cash Flow Statement

THE APPLICATION OF ACCOUNTING RATIOS ANALYSIS TO THE KEY AREAS

• The computation and interpretation of profitability ratios
• The computation and interpretation of liquidity ratios
• The computation and interpretation of gearing/leverage ratios
• The computation and interpretation of investment/stock market performance ratios

A Case Study on Accounting Ratio Analysis And Interpretation On Published Financial Reports

BASIC ASPECTS OF FINANCE

• Investment
• Risk
• Politics
• Valuation
• Markets
• Globalisation

WHAT FINANCE IS ALL ABOUT

• Companies
• Governments
• Banks
• Intermediaries
• Investors

FACTORS AFFECTING INVESTMENT DECISIONS

• The Relationship Between Risk And Return
• Business Risks Versus Financial Risks
• Risk And Uncertainty

Management Game: The Effects of Risks and Returns On Investment

COMPANY'S OBJECTIVES AND MANAGERIAL BEHAVIOUR

• The Objective Of Maximisation Of Shareholder's Wealth
• The Social Goals Argument
• The Separation Of Ownership And Management & The Resultant Conflict Of Interest Between the Shareholder's Objective And Managerial Objective

THE THREE MAIN CAPITAL MARKETS

• The Foreign Exchange & Financial Futures Market
• The Stock Market as a Primary and Secondary Market
• The Money Market

FUTURE VALUE VERSUS PRESENT VALUE

• The Time Value Of Money
• Compound Interest
• Future Value
• Present Value
• Calculating The Net Present Value of an Investment

Assignment: A Simple Calculation On The Net Present Value Of An Investment