2 Days Workshop
Introduction
If you have little or no financial background, this course is meant for you. Will guide you step by step using simulation approach to managing profit & cash flow, investment, budgeting processes & read financial statements. Free practical well tested excel templates are provided.
Course Objectives
By the end of this course you will be able to (practical hands on experience)
How to manage your profit & loss & cash flow position
How to design your working capital requirement
How to plan your budgets
Using goal seek to hit management expectations on sales, profit & cash flow
Methodology
Case Study & Group Discussion.
Who Should Attend
Entrepreneurs, Accountants, Business Managers, Marketing Managers, Treasurers, Supervisors, Executives and Managers and all professionals who are interested in Finance for non-Finance
Special Feature:
NOTE: Please bring laptop along
Programmed Outline
Day 1
Module 1-2: Managing P&L & Cash Flow (Simulation exercise)
Objective:
with little or zero accounting knowledge, will walk you through
Your business or new business on sales, purchases, operating expenses, investment, capital injection, depreciation & interest payment
you see your own P&L, Balance sheet, cash flow & equity
provide strategies (using goal seek) to improve your cash flow & P&L position
Management Game: 15 min
Module 3: Cash Flow Statement (simulation exercises)
Objective:
You will learn why you fund increase or decrease
What are the causes: operational, investing or financial driven?
Using goal seek will improve your cash flow position.
Module 4: Working Capital Management (Simulation Exercises)
Objective: how much resources needed (eg. Capital) to hit the sales budget 2018
Will show you how to manage your inventory, debtors & suppliers
Module 5: Financial Ratios Analysis (Simulation on Real Listed Companies Case Studies)
Objective: you will understand how to reading the financial ratios
Liquidity
Solvency
Efficiency
Profitability
Asset Management
Day 2
Module 6: Burning Issues in Financial Matters
Objective: consultancy approach using strategic management framework – planning, execution & evaluation approach for problem solving. Issues are as follows:
Manpower issues
Budget Constraint
Lots of payment for overtime
High maintenance cost
etc..
Module 7: Investment Appraisal (simulation Case Study)
Objective: Based on capex, sales, cost of sales assumptions, you will know how to calculate working capital, weighted average cost of capital and decide whether to proceed or reject your proposal or project.
Will learn how to:
Calculate return on investment (ROI),
Calculate Payback period, net present value (NPV), internal rate of return (IRR), and payback period
Management Game: 15 Min
Module 8: Budgeting (Simulation Exercises)
Objective: Will guide you step by step in arriving at the following budget:
Sales
Cost of sales
Gross profit
Operation expenses
Net profit
Using goal seek to hit your profit & cash flow target.