BUSINESS MANAGEMENT COMPETENCY

FINANCE

Finance for
Non-Finance
Executives
Increasingly, all executives and those moving into managerial positions need
to understand and apply financial know-how in their daily work and know how
the organisation’s operating activities are captured in the financial data or
reports and what can they do to help improve financial management.

Gaining financial acumen as part of the core management skills required is

DESIGNED FOR
also very important for anyone wishing to progress up the career path in any
All executive levels, supervisors, office staff, junior accounts personnel and
organisation, regardless of their current role at work.
those being promoted or who have a need for a better understanding of
accounting & finance
This 2-day practical course is designed to provide an introduction to accounting
and the basic financial knowledge and skills that can help you be a step ahead
when it comes to taking on more responsibilities in the future, including
financial management for your section or department. METHODOLOGY
• Interactive lectures
• Group discussions
• Individual & team exercises
• Use of case studies

LEARNING OUTCOME
• Gain practical understanding on how to use financial data in your area
• Know how to analyse costs & be more cost effective
• Confidently prepare simple budgets & cash flow projections
• Read financial reports, analyse variances and measure financial drivers of
business performance
• Be familiar with financial terms and jargon
 BUSINESS MANAGEMENT COMPETENCY
PROGRAMME OUTLINE
An Introduction to Accounting & Finance
- Demystifying the numbers

Understanding & Managing Costs

- Types of costs, impact on business performance & cost effectiveness

Budgets & Budgetary Control

- The importance of budgetary control & planning

Team Exercise
– preparing a budget

Difference between Accounting & Cash Flows

- Cash flows, the life blood of a company

Team Exercise
– preparing cash flow projections

Analysing Financial Reports

- The income statement & balance sheet

Variance Analysis – Evaluation & Improvement

- The Price x Volume (PxV) performance drivers

Analsying & Measuring Financial Performance

- Measuring profit performance & business viability

Bringing it back to the Ranch

- Feedback & Takeaways from this session

LEARNING FACILITATOR
Vincent Loh, MIM-CPT, MMIM
Qualified Chartered Accountant London, UK (1975)

For registration and further information,

Please connect with Public Programme Team. ADMINISTRATIVE DETAILS
publicprog@mim.org.my
FEES:
Member: RM 1,200
Malaysian Institute of Management Non-Member: RM 1,300
Unit T1-L16-1, Level 16, Tower 1, PJ33, No. 3 Jalan Semangat, *Subject to 6% SST
Seksyen 13, 46200 Petaling Jaya, Selangor, Malaysia
Tel: +603 7711 2888 Fax: +603-7711 2999 E-mail: enquiries@mim.org.my DURATION: 2 days TIME: 9:00 am - 5:30 pm

DATES:
• 24-25 April 2019
www.mim.org.my • 18-19 September 2019
• 27-28 November 2019

MIM reserves the right to alter the programme schedule and details without prior notification. Fees quoted are subject to terms and conditions outlined in MIM’s Registration Policy.