|
Download: Flyer - Black&White (.PDF 403kb) Course Outline (.PDF 284kb) |
 |
 |
 |
presents
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
23 & 24 JUNE 2011 * THE PENINSULA MANILA, MAKATI CITY, PHILIPPINES * 9:00AM to 5:00PM
As a business decision-maker, it is important to know how to read financial statements and interpret the numbers correctly in order to make that right decision.
This two-day seminar will teach you all that including how to spot important issues and ask intelligent questions in management and board meetings. This user-friendly format will teach you to understand not only balance sheets, income and cash flow statements, but also how to interpret those footnotes and disclosures on audit reports. You will learn how to make sense of those financial ratios and analysis to know if you have a healthy business and find out what is right, what is wrong, and fishy in the financial report.
Whether you are in marketing, HR, or operations, or the board director, owner or stakeholder, its your business to know the language of business!
REGISTER NOW
Avail of Early Bird and
Group DISCOUNTS
Contact Person: Krista Burgos
Manila lines (+632) 556-8968 or 69
Manila Telefax (+632) 842-7148 or 59
Cebu lines (+63 32) 512-3106 or 07
Email: krista@cgbp.org
Check: http://www.cgbp.org
Lecturers:
Lecturer 1: Mary Jane O. Rosales, CPA, CIA president, The Institute of Internal Auditors in the Philippines (2008). She has a mastery of finance, having spent most of her career handling controllership & risk management functions in Petron Corporation. Obtained a B.S.B.A. degree, major in accounting, from the University of the Philippines (1979).
Lecturer 2: Juan Carlos B. Robles, CPA, CIA, CFE, CISA concurrently holds 3 positions at Punongbayan and Araullo as chairman of its audit committee, partner of risk management and partner of specialist advisory services division. He has over 20 years of combined experience in public accounting, government auditing, internal audit, forensic audit, risk management and business consulting. He is a CPA both in the U.S. and the Philippines.
Lecturer 1: Mary Jane O. Rosales, CPA, CIA president, The Institute of Internal Auditors in the Philippines (2008). She has a mastery of finance, having spent most of her career handling controllership & risk management functions in Petron Corporation. Obtained a B.S.B.A. degree, major in accounting, from the University of the Philippines (1979).
Lecturer 2: Juan Carlos B. Robles, CPA, CIA, CFE, CISA concurrently holds 3 positions at Punongbayan and Araullo as chairman of its audit committee, partner of risk management and partner of specialist advisory services division. He has over 20 years of combined experience in public accounting, government auditing, internal audit, forensic audit, risk management and business consulting. He is a CPA both in the U.S. and the Philippines.
All business
decision-makers
& stakeholders
in all industries
_______________________________
Seminar Investment is P12,980
inclusive of Meals, Resource Kit, &
Certificate of Attendance
Seminar Investment is P12,980
inclusive of Meals, Resource Kit, &
Certificate of Attendance
 |
 |
 |
 |
How to Really Read Financial Statements
for Board Directors & Decision-Makers
The Peninsula Manila, Makati City, Philippines
9:00 am to 5:00pm, Thursday & Friday, June 23 & 24, 2011
Course Outline
1. Framework for Financial Statement Reporting
A. Users of Financial Statements & their Purpose for Reading FS
B. Management & Employees
C. Owners and Investors Current and Potential
D. Creditors and vendors Current and Potential
E. Equity Analysts
F. Regulatory and Government Agencies
G. Social Responsibility Groups
2. Principal Financial Statements and Their Uses
A. Balance Sheet
B. Income Statement
C. Statement of Cash Flows
D. Footnotes/Disclosures
E. Supplementary Schedules
F. Management Discussion & Analysis
3. What Decision-Makers Need to Know About the 3 Principal Financial Statements
A. Purpose
B. Statement of Management Responsibility for FS
4. What Board Directors and Management Need to Know About Accounting Principles
A. The Impact of Using Different Accounting Methods
B. Use of Footnotes/Disclosures & Schedules
C. Relationships/Links Between Financial Statements
5. Income Statement, Balance Sheet & Statement of Cash Flows
A. Importance & Use
B. Accounting Principles & Methods
C. Footnotes/Disclosures
D. Relationships/Links
E. Massaging Numbers
F. Review by Audit Committee & Board of Directors
6. Financial Statement Analysis
A. How to Know if Your Company is Really Making Money - Profit Analysis
B. Interpreting the Numbers Using Financial Statement Ratios
C. Impact of Growth & Decline on Financial Statements
7. What to Spot in Financial Statements
8. Issue Spotting
- What Questions Should You Be Asking As Business Owner or Management
9. What You Should Include in Performance Dashboards
10. Pointers to Ensure that Recording, Processing & Reporting Data Do Not Result in Material
Misstatement of Financial Statements
11. Pointers to Avoid Material Weaknesses in Internal Controls
12. Financial Policies for Fraud Prevention that Decision-Makers Should Have
13. What Decision-Makers Need to Know About the External Auditors Opinion
A. Types of Opinion
B. How to Read and Understand the Opinion
14. Understanding Basic Concepts in Making Business Decisions
A. Understanding the "Cash to Cash" Concept
B. What is Working Capital?
C. What are the Basic Internal Financial Decision-Making Concepts?
Cost-Volume-Profit Analysis
Break-Even Point
Economic Order quantities
Others
15. What Decision-Makers Need to Know About Financial Models
16. Making Sound Investment Decisions
A. What are Useful Financial Tools for Making Sound Investment Decisions?
Differential Analysis
Cash Flow Analysis
Payback
Return on Investment
Net Present Value
Others
17. Estimating the Value of a Company
A. What are the Various Concepts and Approaches in Estimating the Value of a Company?
Market Approach
Cost of Capital
Net Assets
Others
18. Introduction to Basic Investment Options
A. The Psychology of Investing
B. Basic Investment Options
Stocks
Mutual Funds
Bonds
A. Users of Financial Statements & their Purpose for Reading FS
B. Management & Employees
C. Owners and Investors Current and Potential
D. Creditors and vendors Current and Potential
E. Equity Analysts
F. Regulatory and Government Agencies
G. Social Responsibility Groups
2. Principal Financial Statements and Their Uses
A. Balance Sheet
B. Income Statement
C. Statement of Cash Flows
D. Footnotes/Disclosures
E. Supplementary Schedules
F. Management Discussion & Analysis
3. What Decision-Makers Need to Know About the 3 Principal Financial Statements
A. Purpose
B. Statement of Management Responsibility for FS
4. What Board Directors and Management Need to Know About Accounting Principles
A. The Impact of Using Different Accounting Methods
B. Use of Footnotes/Disclosures & Schedules
C. Relationships/Links Between Financial Statements
5. Income Statement, Balance Sheet & Statement of Cash Flows
A. Importance & Use
B. Accounting Principles & Methods
C. Footnotes/Disclosures
D. Relationships/Links
E. Massaging Numbers
F. Review by Audit Committee & Board of Directors
6. Financial Statement Analysis
A. How to Know if Your Company is Really Making Money - Profit Analysis
B. Interpreting the Numbers Using Financial Statement Ratios
C. Impact of Growth & Decline on Financial Statements
7. What to Spot in Financial Statements
8. Issue Spotting
- What Questions Should You Be Asking As Business Owner or Management
9. What You Should Include in Performance Dashboards
10. Pointers to Ensure that Recording, Processing & Reporting Data Do Not Result in Material
Misstatement of Financial Statements
11. Pointers to Avoid Material Weaknesses in Internal Controls
12. Financial Policies for Fraud Prevention that Decision-Makers Should Have
13. What Decision-Makers Need to Know About the External Auditors Opinion
A. Types of Opinion
B. How to Read and Understand the Opinion
14. Understanding Basic Concepts in Making Business Decisions
A. Understanding the "Cash to Cash" Concept
B. What is Working Capital?
C. What are the Basic Internal Financial Decision-Making Concepts?
Cost-Volume-Profit Analysis
Break-Even Point
Economic Order quantities
Others
15. What Decision-Makers Need to Know About Financial Models
16. Making Sound Investment Decisions
A. What are Useful Financial Tools for Making Sound Investment Decisions?
Differential Analysis
Cash Flow Analysis
Payback
Return on Investment
Net Present Value
Others
17. Estimating the Value of a Company
A. What are the Various Concepts and Approaches in Estimating the Value of a Company?
Market Approach
Cost of Capital
Net Assets
Others
18. Introduction to Basic Investment Options
A. The Psychology of Investing
B. Basic Investment Options
Stocks
Mutual Funds
Bonds
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SEMINAR FEE PER PERSON: P 12,980 (Fee covers Meals, Resource Kit, Certificate of Attendance)
GET AS MUCH AS 15% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:
Less 5% for early registrants (on registrations made on or before May 23, 2011)
Less 5% for early payment (if made on or before June 13, 2011)
Less 5% for group registration (minimum of 3 participants)
GET AS MUCH AS 15% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:
Less 5% for early registrants (on registrations made on or before May 23, 2011)
Less 5% for early payment (if made on or before June 13, 2011)
Less 5% for group registration (minimum of 3 participants)