Here’s what you will receive from this course. This course is divided into 5 sections:
Section A covers business and its objectives, the use of strategy to create value, value chain analysis and the risks associated with businesses.
Section B looks at business as a nexus of contracts, the relationship between business and its stakeholders and the information needs of the business stakeholders.
Section C aims to provide a sound understanding of how business activities are measured and communicated to stakeholders through the accounting information system. It covers the impact of business transactions on the elements of financial statements.
Section D aims to enhance the participants’ understanding of the double-entry system of measurement and business transaction analysis. It also explains the difference between the accrual basis and cash basis of accounting.
Section E is a bonus addition! It will provide participants’ an understanding of where and how companies raise their funds – equity versus debt. This section will explain the difference between equity and debt and impact on financial leverage.
In conclusion, we will also examine the boom and busts in the stock market and the relationship between interest rate, earnings yield and stock prices (ie learn the signals when to buy equities).
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.
At the end of the course, participants should be able to better understand how business activities are measured and communicated to stakeholders through the accounting information system using their acquired skills from this specially designed course for investors in Singapore.
Why Attend this Workshop? Why this One?
The answer is communication. This workshop will help an investor from a non-financial background better understand the language of finance. He is a highly experienced instructor who 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.
Mr. S. S. Sandhu
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.