Finance for Non-Finance Professionals/Understanding Financial Statements (Integrated)
Course Information
1 Day Course
Fee: $680 (before GST)
Course Dates:
- Enquire for more dates
Contact: [email protected]
Venue: Pan Pacific Singapore/Holiday Inn Orchard City Centre
Note:
- Tea breaks and buffet lunch will be served. Car parking coupons are available upon request.
- For 3 pax and above, 10% discount across the board
Course Introduction
This course is designed for professionals without a finance background who want to understand financial information and make better business decisions. Participants will learn how to read financial statements, understand key ratios, manage costs, and evaluate simple business proposals. The course focuses on practical understanding and real-world application rather than technical accounting.
Learning Outcome
To equip non-finance professionals with practical finance understanding, enabling them to:
- Interpret financial information confidently
- Understand how their decisions affect financial results
- Communicate effectively with finance teams
- Make informed, financially sound business decisions
Participants are not expected to become accountants, but to become financially aware decision-makers.
Course Outlines
Topics
- Purpose of financial statements
- Balance Sheet: assets, liabilities, equity
- Income Statement: revenue, cost, profit
- Cash Flow Statement: operating, investing, financing
- Profitability ratios (margin, ROA, ROE)
- Liquidity ratios (current ratio, quick ratio)
- Efficiency ratios (inventory days, receivable days)
- Why budgeting matters (control, planning, accountability)
- Types of budgets (incremental, zero-based, flexible)
- Cost concepts: fixed vs variable, direct vs indirect
- Evaluating business decisions using finance
- Basic investment appraisal:
- Payback period
- Net Present Value (NPV) basics (non-technical)
- Linking operational actions to financial outcomes
- Communicating with finance teams
Methodology
- Q&A
- Video
- Facilitated discussions
- Mini presentation
- Team exercise
- Learning aid
- Trainer’s sharing
- Case studies
- Role plays
Personal reflection