Workshop Outline: Section A: Understanding the Value Creation Process 1. What are the 3 generic strategies that businesses use to create value? 2. What is the 5 Forces Model of industry competition? 3. What is the value chain of a business? 4. What are the risks/threats faced by businesses? 5. What are the ways to mitigate these risks? Section B: Role of Accounting in Business 6. What are the stakeholders’ interests? What types of power do stakeholders possess? 7. What types of pre-contractual issues arise as a result of information asymmetry? 8. What types of post-contractual issues arise as a result of self-interested behavior? 9. What is organizational architecture (“OA”) and how does OA mitigate agency problems? 10. What are the information needs of the business stakeholders? 11. What are the business activities measured by accounting? Section C: Understanding Financial Statements and their Elements 12. What are the financial statements communicated to the business stakeholders? 13. What are the links among these financial statements? 14. What is the accounting equation? 15. What are the uses and limitations of financial statements? 16. What are the qualitative characteristics of financial information? 17. What is information risk and how to mitigate information risk? 18. What are the impacts of business activities on the accounting equation? Section D: Understanding the Accounting Measurement System 19. Understanding the accounting cycle. 20. Measuring business transactions in the accounting information system. 21. Preparing the trial balance and understanding the type of errors that are not detected by the trial balance. 22. Understanding the difference between accrual and cash basis of accounting. Section E: Understand Where and How Firms Raise their Funds – Equity and Debt 23. Measuring financing activities. 24. Understanding solvency tests. 25. Boom and busts – What investors should know. 26. Learn the signals when to buy equities – The difference between earnings yield and interest rate. Speaker'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.
Workshop Outline:
Section A: Understanding the Value Creation Process 1. What are the 3 generic strategies that businesses use to create value? 2. What is the 5 Forces Model of industry competition? 3. What is the value chain of a business? 4. What are the risks/threats faced by businesses? 5. What are the ways to mitigate these risks?
Section B: Role of Accounting in Business 6. What are the stakeholders’ interests? What types of power do stakeholders possess? 7. What types of pre-contractual issues arise as a result of information asymmetry? 8. What types of post-contractual issues arise as a result of self-interested behavior? 9. What is organizational architecture (“OA”) and how does OA mitigate agency problems? 10. What are the information needs of the business stakeholders? 11. What are the business activities measured by accounting?
Section C: Understanding Financial Statements and their Elements 12. What are the financial statements communicated to the business stakeholders? 13. What are the links among these financial statements? 14. What is the accounting equation? 15. What are the uses and limitations of financial statements? 16. What are the qualitative characteristics of financial information? 17. What is information risk and how to mitigate information risk? 18. What are the impacts of business activities on the accounting equation?
Section D: Understanding the Accounting Measurement System 19. Understanding the accounting cycle. 20. Measuring business transactions in the accounting information system. 21. Preparing the trial balance and understanding the type of errors that are not detected by the trial balance. 22. Understanding the difference between accrual and cash basis of accounting.
Section E: Understand Where and How Firms Raise their Funds – Equity and Debt 23. Measuring financing activities. 24. Understanding solvency tests. 25. Boom and busts – What investors should know. 26. Learn the signals when to buy equities – The difference between earnings yield and interest rate.
Speaker'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.
