Accounting and Finance Workshop For Non-Financial Managers

Financial information can be intimidating for people who do not have to number crunch on a daily basis. At the same time, the decisions non-financial managers take have a bearing on the business entity’s overall financial performance. This workshop is designed to explain the key concepts of finance, including the tools and techniques like ratio analysis, budgeting, and some finance forecasting techniques, break it down to make finance appetizing for non-financial managers and give them a financial voice and help them in taking business decisions.

1. How to Use The Generally Accepted Accounting Principles When Preparing Income and Expense Reports:
   • The environment of financial accounting
   • Basic accounting principles
   • Application of accounting principles
   • Structure of financial statements
2. How to Spot The Key Contents in Financial Statements:
   • Income statement
   • Balance sheet
   • Cash flow statement
   • Changes in owners’ equity statement
3. How to Understand The True Meaning of Financial Data
   • Ratio analysis
   • Analytical skills
4. How to Fit Profit Planning Into Your Budgeting:
   • The tools of profit planning
   • Break-even analysis
   • Budgeting process
   • The master budget
5. How to Evaluate The Value of Your Business:
   • Capital budgeting
   • Principles of capital expenditure evaluation
   • ROI and profit goals
   • Coping with risk and uncertainty

VINCENT NG DBA, PNA, JP (Aus)

Dr Ng is an Australian Professional Accountant and a Justice of the Peace (NSW). He is a Fellow of Institute of Public Accountants in Australia; was an Associate of Institute of CPAs, Australia, and a Fellow of Taxation Institute of Australia. He has earned his Doctorate in Business Administration, Master of Business Administration, Bachelor of Business Management and Graduate Certificate in Accounting.

He has been a practicing tax accountant, accounting and administration manager and financial controller of different corporations for many years. Dr Ng started his teaching career in 2001 and is currently a visiting Professor and Lecturer of various local and overseas universities/institutions (including Hong Kong Polytechnic University & Baptist University). His expertise includes Accounting, Business English, Financial Management, Marketing, and Taxation.

This programme has been approved by the Estate Agents Authority (EAA) for the EAA CPD Scheme. One contact hour equals one CPD point. Reference: https://www.eaa.org.hk/zh-hk/cpd-activities