Finance for Non-Finance Managers

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!

Module 1: Financial Management 101
Get a solid understanding of financial management and meet the key players.                      Explore the four financial objectives and major business decisions.

Module 2: Accounting Basics & Financial Statements
Unlock the goals of financial reporting.
Master the fundamental principles of accounting.
Unleash the secrets of the accounting equation and transaction analysis.
Identify the users of financial statements.
Rock balance sheets, income statements, and cash flow statements.

Module 3: Financial Statement Analysis
Discover the importance of financial statement analysis.
Master the evaluation of balance sheets and income statements.
Harness the power of meaningful ratios for financial analysis.
Dominate working capital management.
Acknowledge the limitations of financial ratios.

Module 4: Demystifying Funding Sources (When is the MONEY?)
Explore a wide range of funding sources.
Decode the secrets of short-term financing/ borrowing
Understand intermediate and long-term financing/ borrowing
Differentiate between equity financing categories.
Battle: Capital Lease vs. Operating Lease.

Module 5: Cost of Capital and Capital Structure
Defy the complexities of the cost of capital.
Capital structure and cost concepts – why you want to know
Calculate and conquer the cost of financing.
Understand Optional capital structure.
Analyze how Capital Strucutre influence debt vs. equity decision.

Module 6: Financial Analysis for Extraordinary Investments and Strategic Moves
Master the principles of capital budgeting.
Embrace the time value of money.
Evaluate capital investment projects like a pro.
Choose the projects with the best returns.

Module 7: Plan, Budget, and Take Charge
Discover the power of budgets.
Navigate the budgeting process with finesse.
Master financial budgets and their vital components.
Prepare financial budgets like a wizard.
Decode variance analysis and its steps.

Module 8: Business Valuation
Think like investors on business valuation ratios
Learn to determine a company’s worth so you can decide to invest or not to invest
Embrace the fundamentals of business valuation.
Take Your Action Plan To the Next Level
Reflect on mind-blowing lessons and wrap up the program.
Identify your crucial initiatives and craft your commitment plan
Level up with personalized next steps for your future

• DHL
• Bank Muamalat Malaysia Berhad
• DRB-Hicom Group
• Tenaga Nasional Berhad

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.

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