Understanding Cash Flow Statement
9th Dec 2009,The Legend Hotel,Kuala Lumpur
Dear Friend,
Business owners, Entrepreneurs and Accountants cannot rely entirely upon the Profit and Loss Account and the Balance Sheet to monitor a company's liquidity (cash) position. The opening and closing cash position can be obtained from the Balance Sheet, but this does not provide us with any information about the source and disposition of the cash. Such information is vital if we are to know how successful the company in monitoring its cash position. Does the company have enough cash to cover its future activities? Therefore it is important to prepare the Cash Flow Statement. Executives, Business Owners, Entrepreneurs, Accountants, Company Secretaries must know how to interpret this important document and explain the contents to other interested parties. This workshop aims to help you learn to prepare and interpret the Cash Flow Statement.
What is this workshop all about?
This workshop is designed to assists you in obtaining the necessary skills or knowledge to interpret and prepare a Cash Flow Statement. You will learn how to distinguish between profit and cash flow, and plan your future cash needs with the help of a cash flow statement. From this understanding, you will be able to prepare good documentation to support any application to financial institution and justify your request for additional facilities. For Financial Executives, you will be able to explain to your top management where the profits have gone to. Your detailed understanding of the cash flow of the company makes you an important member of the management team.
This 1 day intensive workshop will cover these 7 crucial lessons
Lesson 1: Introduction to the fundamentals of Cash Flow Statement
Lesson 2: What are cash and cash equivalents?
Lesson 3: Understand the components of the Statement of Cash Flow
- The operating activities
- The investing activities
- The financing activities
Lesson 4: Preparation of the Cash Flow statement
- Direct Method
- Indirect Method
Lesson 5: Issues on the weakness of the Cash Flow Statement
Lesson 6: Case study Workshop
Lesson 7: Improving Cash Flow
- Understanding Cost Conversion Cycle
- Understanding Working Capital
- Applying Cash Flow Planning and Control
Why this workshop?
You will learn the 6 essential skills to cope with the demand of your management and assist them in making a better decision.
You will learn how to:
- Distinguish between Profitability and Liquidity
- Prepare a Cash Flow Statement
- Explain the usefulness and importance of a Cash Flow Statement
- Explain to your higher management, bankers, shareholders, creditors and other interested parties where the company's profits have gone to.
- Use Cash Flow Statement to convince your bankers to increase your company's banking facilities, and to finance expansion, etc.
- Apply Cash Flow Statement to assist you to plan your Cash requirements.
Course Leader
WF Ngau joined the Audit Firm of K.K San & Liew, Hew & Company in June 1967 and qualified as a Chartered Accountant in 1976.
In 1980, he joined Nylex Malaysia as Company Secretary / Accountant and was promoted to Group Financial Controller / Company Secretary in 1986.
As Financial Controller / Company Secretary, WF Ngau was actively involved with numerous aspects of the corporate work like company secretarial, budgeting and forecasting, personnel, insurance, legal matters, projects evaluation, acquisitions and joint ventures (foreign and local) and the listing of Nylex on the Kuala Lumpur Stock Exchange.
In 1994, he was seconded by Tamco Group, a subsidiary of the Nylex Malaysia Group, to Shanghai, PRC China to do a feasibility study and finally set up a switchgear factory there. In 1997, he was appointed Senior Manager in the Overseas Operation for the Tamco Group and was put in charge of operations in China.
WF Ngau is now a Certifies Financial Planner and has also become an accredited Vistage Chair in October 2008.
Who Should Attend
Accounts Clerk, Accounts Assistant, Accounts Technician, Accounts Supervisor, Finance Assistant, Finance Executive, Admin Executive, Company Secretary, Cashiers, Treasurers, Businessmen, SME Executives, and anyone who wish to obtain a good understanding of the Cash Flow Statement and its interpretation.
Workshop Size
Registration is strictly to the first 25 people. This cannot be altered. If the past is any indication of the future, spaces fill up very quickly. If you are interested in attending, call us now or download the registration form here and fax it back to us at ++6 03 40235716.
HRDF Claimable
This workshop is claimable under the HRDF SBL Scheme. Checks with your department to make sure you are eligible.
Tax Deductibility
In all likelihood this seminar is tax deductible. Check with your accountant to be sure.
Workshop Investment $$
RM550.00 per delegates. This includes all workshop materials. Lunch will be provided.
Early Bird Offer!!
If you register yourself EARLY, you will enjoy a discount of 5%. For more information, please refer to the registration form here.
Group Discount!!!
If you register in group of 3 persons or more, you will enjoy additional 5% discount, and if your group are 5 persons or more, you will get a much greater discount of 7%, and 10% discount shall be entitled for group of 8 persons or more. So get your friend or colleagues to register with you!
100% Satisfaction Guaranteed
We understand that some of you don't know us. That is why we make this workshop a 100% satisfaction guaranteed. If for any reason whatsoever you don't feel like you have received more than your money worth by lunch break, simply hand in your materials for a complete 100% refund. No weasel clauses, no hassles, no questions asked. We won't lie, as rarely we have to make refund to our participants; however it is our integrity which makes our business successful.
If you like what you have gone through so far, you may register yourself by downloading the full brochure here, and fax the registration form back to us at ++6 03 40235716. . And if you happen to have some friends or colleagues who are looking to improve their accounting skills, please forward this link to them.
Yours Sincerely,
BIZFinanceSeminar.com
Tel: ++6 03 40216000
Fax: ++6 03 40235716
Email: bfs@bizfinanceseminar.com
