Loading...

Analysing Financial Statements: How to Interpret Financial Reports


Course Dates: 19 & 20 January 2019 (2 Days)
Course fee: $549* (Valid for the first 10 sign up only – U.P. $599)

SkillsFuture credit can be used for this course. Please click here for more information.

With effect from 19 May 2017, SkillsFuture Singapore will revise the SkillsFuture Credit claims processes. All SkillsFuture Credit payments by SkillsFuture Singapore will be made to training providers instead of individuals.

Please submit your claim via the SkillsFuture website first if you wish to use your SkillsFuture credit.

Financial reports speak their own language, one that many ordinary people have trouble translating. This interactive workshop clears the confusion, helping you to understand the information contained in essential financial reports and then shows you how to use that understanding to make informed, intelligent decisions. This workshop will give you an immediate, working knowledge of the three primary financial statements – the Balance Sheet, the Income Statement and the Statement of Cash Flows. It will help you master the tools of finance where they can be useful to you, without wasting time explaining the deep details that will likely never benefit you.

This is a highly interactive course which will include plenty of short case examples, real life illustrations, ‘think tank time’ and end-of-day quiz questions which will help reinforce the learning concepts and outcomes.

This workshop will help a non-financial person understand the language of finance. The speaker is well-known for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of finance and accounting.

Workshop Outline:

Section A – The Structure and Interrelationship of Financial Statements: Making the Connections

  1. Dissecting the Annual Report – Breaking Down the Parts
  2. The Meat of the Matter – Looking at the 3 Most Important Documents
  3. How the Number Crunchers are Kept in Line
  4. Making Sense of the Corporate Message
  5. Understanding the Audit Process – The Role of the Auditor
  6. Filling the GAAP – Accounting Standards

Section B – The Balance Sheet: Value and Ownership

  1. Understanding the Balance Equation
  2. Introducing the Balance Sheet – Digging into Dates, Nailing Down the Numbers
  3. Assets – Current Assets vs Long Term Assets
  4. Liabilities – Current Liabilities vs Long Term Liabilities
  5. Equity – Contributions from Shareholders vs Retained Earnings

Section C – The Income Statement: The Flow of Progress

  1. Introducing the Income Statement – Digging into Dates, Figuring out the Format
  2. Delving into the Tricky Business of Revenues
  3. Acknowledging Expenses
  4. Sorting out the Profit and Loss Types – EBIT vs EBITDA vs Net Income
  5. Calculating Earnings Per Share (EPS)

Section D – Profit is Not Equal to Cash: What’s the Difference and Why You Need Both?

Section E – The Statement of Cash Flows: Tracking the King

  1. Digging into the Statement of Cash Flows – The Parts, The Formats
  2. Checking out Operating Activities
  3. Investigating Investing Activities
  4. Understanding Financing Activities
  5. Recognising the Special Line Items

Section F – Do Financial Statements Report the Truth, the Whole Truth, and Nothing but the Truth?

Trainer’s Profile:

Mr. S. S. Sandhu FCA, CPA has extensive experience working within the financial markets sector in Asia. He has deep technical knowledge covering listed companies, multinationals, initial public offerings and mergers and acquisitions due diligence gained over 18 years at PricewaterhouseCoopers. He was also the CFO of one of the largest financial institutions in Singapore. He is both a Fellow Chartered Accountant and a Certified Public Accountant and has provided advisory services to many public listed companies, multinationals and government-linked companies on the development of financial reporting standards and changes in regulatory environment. Mr. Sandhu is a highly sought after speaker at financial seminars and courses around the world and has authored and contributed many publications on corporate governance, risk management and international accounting standards. He is highly rated by participants who have attended his programs. He is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the candidate’s ability to understand finance and accounting. He adopts a highly interactive approach in his workshops, which makes learning both fun and memorable.

SkillsFuture Credit

With effect from January 2016, Singaporeans aged 25 years and above who received their SkillsFuture Credit account activation letter will be eligible for an initial credit of $500 which can be used to pay for course fees for a range of eligible courses. SkillsFuture credits can be used for this course.

For more information, please refer to SkillsFuture website.

IBF-FTS Funding

The Financial Training Scheme (“FTS”) provides funding for financial sector-specific training programmes which are recognized under FTS. This scheme is only eligible for company-sponsored participants who are Singapore Citizens or Singapore Permanent Residents, physically based in Singapore, and who have successfully completed a FTS programme. Financial Institutions (MAS licensed or exempt entities), involved in or supporting financial sector activities, are eligible to submit claims for company-sponsored participants.

For all FTS programmes commencing on or after 1 July 2016, Singapore Citizens aged 40 years old and above will be eligible for 90% co-funding of direct training costs, subject to existing grant caps of S$2,000 per programme. Singapore Permanent Residents and Singapore Citizens below 40 years old will continue to be eligible for 50% co-funding of direct training costs for FTS programmes.

For more information, please refer to IBF website.

Contact Us

For further enquiries, please email register@sgxacademy.com or call 6327-5438.
(Operating Hours: 9.00am to 5.00pm)

Terms and Conditions

Changes

Singapore Exchange reserves the right to make changes to the time, date, syllabus, speakers, venue or cancel the course if warranted by circumstances beyond its control.

Cancellation and Transfer Policy

Cancellation for a registration must be made in writing at least 10 business days before the event and a refund (less a 10% administrative fee of total course fee) will be made. No refunds will be given for cancellations received less than 10 business days prior to the event. All requests for replacement must be made in writing at least 3 business days prior to the event.

Registration

Register online and make payment via credit card by clicking on the “Register” button.

Alternatively, you may wish to make payment by cheque, made payable to “SGX Academy Secretariat“. Please mail your cheque to the following address:

SGX Academy Secretariat
160 Robinson Road
SBF Center
#27-06
Singapore 068914

Please provide your name, email, contact number, event title and date on the reverse side of the cheque. Enrolment is contingent upon receipt by Singapore Exchange of full payment and availability of space in the event. A confirmation note will be sent via email 10 business days before the seminar/course commences.

Event Details
    • Intermediate
  • Start Date
    Sat, 19 Jan 19
  • Time
    10:00 AM - 05:00 PM
  • Status
    Closed
  • Address
    Jakarta Room, 2 Shenton Way, SGX Centre 1
  • S$549
    Online Registration Closed*
    Call (65) 6670 6808 to check availability.