Financial Knowledge and Skill for Non-Financial Managers & Executives

17 Apr, 2023, Remote Online Training - Public

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TAN KOK TEE
DBA, MBA-Finance, FAIA, MIPA, MCCS, ACTIM,
International Accountant (UK),
Public Accountant (Aust.)
Certified Company Secretary.
HRDF Certified Trainer
Registered GST Agent.

 

MR. TAN KOK TEE has 40 years of working experience in Accounts & Financial, Strategic and General Management field. He has held a variety of leadership and senior management roles in various organizations, starting in the Accounts & Finance Department until CFO level and the last being Group Chief Executive Officer. More than half of these times were spent in the Manufacturing, Marketing & Distribution and Services organizations.

 

He is a Fellow member of the Association of International Accountants, UK; Member of the Institute of Public Accountants, Aust.; Certified Commercial Accountant, (M); Member of the Chartered Tax Institute of Malaysia; Member of the Malaysia Associations of Company Secretaries (M) and a Gold Mastery Holder in Reinventing Strategic Planning and Management from the Haines Centre for Strategic Management, sponsored by University of San Diego, USA.

 

He is also a Certified Trainer with PMSB’s (HRDF) Train The Trainer Certificate since 2009, a GST Agent registered with MOF & Holder of the GST MyGCAP certificate from RMCD and a Life Member of the Malaysian Institute of Directors.

 

Mr. Tan has been involved in Advisory, Training and Facilitation since beginning 2009. To-date he has conducted about 400 training workshops throughout Malaysia on topics on Budgeting & Cashflow Planning; GST; SST; Practical Accounting for Accounting Staffs; Reading, Analysing and Interpreting Financial Statement; Accounting and Finance for Non-Finance Managers; Customers Credit Evaluations and Collection Strategies; Incoterms, LC Operations and Trade Financing; Reinventing the Strategic Planning and Management and Financial Statement Hands On Application to MBRS, for both in-house as well as public.

 

Among the organizations that Tan Kok Tee has been providing training for, include Government Authorities, Chamber of Commerce, Government Link Companies, Banks, Malaysian Institute of Accountants, Chartered Institute of Management Accountants, CPA Australia, Malaysian Institute of Chartered Secretaries and Administrators, Selangor State Human Resource Development Centre (SHRDC), Negeri Sembilan State Skills Development Centre (NSSDC), Penang Skill Development Centre (PSDC), NGOs and many others public training providers.

 

His other clients include Shin Yang Group, MIRI, Bintulu Port, Deleum Bhd., Boustead Plantation Bhd., Takahata, FBK Manufacturing, Brothers Industries, Integrated Logistics, Mega Logistics, Chung Hwa Picture Tubes, Ohara Melaka, Safran Aerospace, NEC Corp. of Malaysia, Kobe Precisions, Tecktronic & Sons Holdings, Julie’s Biscuits, Ornapaper Melaka, Sunway University, Sime Darby Properties, Lion Group and many more.

 

To-date Mr. Tan has trained more than 15,000 Executives. He combines a wide range of practical and hands-on training experience in lively and challenging interactive training sessions.


Venue Details

Remote Online Training - Public

Contact us

Juliany,
M - 012 2281 247
juliany@ipa.com.my

Phoebe,
M - 019 363 7822
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
June,
M - 012 941 8251
June@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Introduction
  • Financial Accounting Function
  • Understand And Comprehend The Different Components In Financial Statements
  • Understanding Financial Performance Analysis And Interpretation
INTRODUCTION

Accounting and Finance has always been recognized as a very key function in any organization. It provides the basis for information reports to be generated from these records to help Managers to make a more informed and effective decisions to increase their organizational performance.

Accounting and Finance will forever be an extreme asset and vital aspects to one’s career and organization success. It is a “NEED TO KNOW” subject matter.

This practical training course will help all Non-Finance Managers to increase their Performance and Communication effectiveness in their daily Accounting Work through new knowledge acquired.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Increasing Your Fundamental Knowledge And Concept Of Accounting And Finance In Practice.
  2. Knowing The Awareness Of The Accounting Standard And Policies Requirements Of Capturing Each And Every Accounting Transaction.
  3. Understanding The Various Key Accounting And Finance Terms In The Accounts And The Presentation Of The Financial Statements Format.
  4. Being Able To Analyse And Interpret The Content Of The Financial Statement And Identify The Areas That Are Having Operating Problems, Weaknesses And Inefficiencies.
  5. Taking Timely Corrective Actions To Overcome Financial Weakness And Inefficiencies
WHO SHOULD ATTEND
All Non-Financial Managers and Professionals
METHODOLOGY
  • Participative and Active, Group Discussions
  • Group Hands on Exercises.
     

As this is a training course, participants besides attending interactive lectures are also required to work together in pairs and groups to have hands on exercise to recap the learnings together. Participants are also encouraged to bring their real working questions for discussions.

COURSE OUTLINE
9:00

INTRODUCTION

  • Introduction of Accounting and Finance and its various key terms use daily.
  • The role of Accounting and Finance in business
  • Difference between Financial & Management Accounting and Financial Management.
  • Accounting Standards and Policies
  • Accounting Concepts and Equations 


10.45

 FINANCIAL ACCOUNTING FUNCTION

  • Accounting Transactions processing and its matching concept.
  • Difference between Capex and Opex.
  • Classifications of Opex – by Function and by Nature
  • Accruals, Provisions for Payable expenses, Prepayments, Depreciation & Amortization and Impairment adjustments

 

 

UNDERSTAND AND COMPREHEND THE DIFFERENT COMPONENTS IN FINANCIAL STATEMENTS:

  • Statement of Total Comprehensive Income:
    - Statement of Profit and Loss
    - Revenue and Other Income
    - Revenue recognition under different incoterm.
    - Meaning of cost in Profit and Loss
    - Meaning of Operating expenses
    - Meaning of Other Expenses
    - Statement of Other Comprehensive Income
    - Other Equity Components
1:00 Lunch
2:00

cont. UNDERSTAND AND COMPREHEND THE DIFFERENT COMPONENTS IN FINANCIAL STATEMENTS

  • Statement of Financial Position:
    - Non-current and Current Assets / Liabilities concept.
    - Difference between Property Plant and Equipment and Investment Properties
    - Intangible Assets
    - Meaning of fair value
    - Biological Assets
    - Right of Use Assets
    - Working Capital Components
    - Contingent Liabilities
    - Deferred Tax
  • Statement of Cash Flow
  • Reading Cash Flow statement made easy
  • Statement of Change in Equity.

 

3:45

UNDERSTANDING FINANCIAL PERFORMANCE ANALYSIS AND INTERPRETATION
Application of Financial / Accounting ratios:

  • Profitability (returns on Sales, Assets Invested, Equity, Investments).
  • Liquidity
  • Over trading
  • Efficiencies
  • Stability  

 

5:00 End of Course