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Designed to provide basic knowledge of accounting and finance for executi=
ves and managers in marketing, operations, HR and IT, entrepreneurs and s=
elf-employed professionals with non-finance background, this workshop dem=
ystifies finance by explaining simply and clearly what the key financial =
statements mean, how they work and relate to each other and how to apply =
key management ratios to evaluate the strengths and weaknesses of the bus=
iness operations. Published accounts of public-listed companies and corpo=
rate development, both local and overseas, will be used to facilitate pra=
ctical learning.&nbsp;




Key Topics:
Learning about Financial Sta=
tements=20

Nature &amp; role of accounting
Desirable qualities of a f=
inancial report
Accounting as an information system
Financial &amp; man=
agement accounting compared
Fundamental accounting assumptions
Accounti=
ng policies
Objectives of financial statements: User groups &amp; their =
areas of interest

Basic Financial Statements&nbsp;
(1) Balance Sheet
=


Source &amp; use of funds approach
Vertical format presentation
Curr=
ent assets
Fixed assets
Liabilities
Shareholders' funds
Capital emplo=
yed
Net worth
Working capital
Long &amp; short balance sheet analysis
=


(2) Profit &amp; Loss Account

Timing adjustments
Distribution or a=
ppropriation of profits

(3) Cash Flow Statement

Operating cash cycl=
e
Relationship between depreciation &amp; cash flow
Non-operating cash =
outflows &amp; inflows&nbsp;

Interpreting Auditors' Reports

Objecti=
ves &amp; scope of audit
Reasonable assurance
True &amp; fair view
Aud=
itors' opinion: Unqualified, emphasis of matters, qualified, disclaimer, =
adverse opinion&nbsp;

Analysing Performance of an Enterprise
(1) Liqu=
idity Ratios

Importance of liquidity
Application, case studies &amp; =
interpretation techniques

(2) Profitability Ratios

Importance of pr=
ofitability
Return on investment
Drivers of margin on sales
Drivers of=
 sales to total assets
Operating profit model
Application, case studies=
 &amp; interpretation techniques

(3) Solvency Ratios

Importance of =
solvency
Application, case studies &amp; interpretation techniques

(4=
) Asset Management
(5) Ratios

Importance of asset management
Applica=
tion, case studies &amp; interpretation techniques

(6) Stock Market Ra=
tios

Application, case studies &amp; interpretation techniques&nbsp;
=

Trainer:&nbsp;Mr Lim Kaim Soon (view profile)&nbsp;
Date : Thursday, 2=
2 May 2025
Venue : Carlton Hotel, 76 Bras Basah Road&nbsp;
Time : 9:00a=
m to 5:00pm (Registration starts at 8:45am)&nbsp;
Fee : $450 per partici=
pant (inclusive of Course Materials, Writing Stationery, Buffet Lunch and=
 Refreshments)&nbsp;
To sign up for the workshop,&nbsp;please&nbsp;regis=
ter&nbsp;online&nbsp;so that we may reserve a seat for you. Once we have =
received your registration details, we will send you a confirmation email=
 along with an invoice to facilitate your payment.
Since 2007, TAKX Solu=
tions has trained more than 16,000 participants from over 6,500 organisat=
ions with our range of GST, tax, finance, risk management and internation=
al trade documentation workshops. In the coming weeks, Takx Solutions wil=
l be conducting the following workshops:

Taxation&nbsp;







=





































=





































=





































=





































=





































=





































=





































=





































=





































=





































=





































=






























Mastering the=
 Basic &amp; Intermediate Concepts of GST on 16 May (Fri)
Fundamentals o=
f Corporate Tax on 27 May (Tue)
GST: Zero-Rating for International Servi=
ces &amp; Exports on 13 Jun (Fri)
Introduction to Transfer Pricing on 9 =
Jul (Wed)
Withholding Tax on 13 Aug (Wed)
Managing Transfer Pricing in =
Asia on 5 Nov (Wed)


Finance / Accounting&nbsp;=20

Effective Credi=
t Control &amp; Debt Recovery on 21 May (Wed)
Preparing Cash Flow Statem=
ents - Getting it Right on 13 Jun (Fri)
Preparing Unaudited Financial St=
atements on 19 Jun (Thu)
A Practical Guide to FRS Updates on 24 Jun (Tue=
)
Business Writing to Collect Debts on 25 Jun (Wed)
AI Automation for A=
ccountants with VBA, ChatGPT &amp; Copilot on 10 Jul (Thu)
FRS Overview =
Part 1: A Practical Guide to the Commonly Used Accounting Standards on 25=
 Jul (Fri)
FRS Overview Part 2: A Practical Guide to the Commonly Used A=
ccounting Standards on 12 Sep (Fri)

International Trade Documentation
=


How to Handle Export LCs &amp; BLs: Understanding the Revised ISBP 821=
 &amp; Clarifications to UCP 600 on 23 May (Fri)
Understanding Incoterms=
 2020 on 27 Jun (Fri)
The Basics of Import/Export &amp; International Tr=
ade on 16 Jul (Wed)
Understanding the Essentials of Letters of Credit on=
 25 Jul (Fri)
Understanding Pitfalls in LC Transactions on 22 Aug (Fri)
=



Finance for Non-Finance

Effective Cash Flow Management, Budgeting=
 &amp; Analysis on 15 Jul (Tue)







To find out more about the=
se workshops and to download the registration forms, please visit&nbsp;ww=
w.takx.com.sg





























=





































=





































=





































=





































=





































=





































=





































=





































=





































=





































=





































=






In the mean time, if you have any enquiries, I'll be glad to a=
nswer them on tel: 6293 9068.
Looking forward to your participation in o=
ur workshop!&nbsp;






Jay Goh&nbsp;TAKX Solutions Pte LtdTel: 6=
293 9068We've moved! We're now located at:&nbsp;960 Dunearn Road #06-25Si=
ngapore 589486WEBSITE:&nbsp;http://www.takx.com.sgNote: To unsubscribe fr=
om this mailing list, please reply to this message and indicate UNSUBSCRI=
BE in the subject header.














--=_pYG8RF9ukt7VdLylX-pl-TqqPWv76D9fHoVAe4-pyU5WKE0v
Content-Type: text/html; charset=iso-8859-15
Content-Transfer-Encoding: quoted-printable

<p><span style=3D"font-size: small;">Designed to provide basic knowledge =
of accounting and finance for executives and managers in marketing, opera=
tions, HR and IT, entrepreneurs and self-employed professionals with non-=
finance background, this workshop demystifies finance by explaining simpl=
y and clearly what the key financial statements mean, how they work and r=
elate to each other and how to apply key management ratios to evaluate th=
e strengths and weaknesses of the business operations. Published accounts=
 of public-listed companies and corporate development, both local and ove=
rseas, will be used to facilitate practical learning.&nbsp;</span></p>
<=
div>
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-=
western">
<p><strong><span style=3D"font-size: small;"><span style=3D"fo=
nt-size: small;">Key Topics:</span></span></strong></p>
<span style=3D"f=
ont-size: small;"><strong>Learning about Financial Statements</strong><br=
 /> </span>
<ul>
<li><span style=3D"font-size: small;"><span style=3D"f=
ont-size: small;">Nature &amp; role of accounting</span></span></li>
<li=
><span style=3D"font-size: small;"><span style=3D"font-size: small;">Desi=
rable qualities of a financial report</span></span></li>
<li><span style=
=3D"font-size: small;"><span style=3D"font-size: small;">Accounting as an=
 information system</span></span></li>
<li><span style=3D"font-size: sma=
ll;"><span style=3D"font-size: small;">Financial &amp; management account=
ing compared</span></span></li>
<li><span style=3D"font-size: small;"><s=
pan style=3D"font-size: small;">Fundamental accounting assumptions</span>=
</span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-s=
ize: small;">Accounting policies</span></span></li>
<li><span style=3D"f=
ont-size: small;"><span style=3D"font-size: small;">Objectives of financi=
al statements: User groups &amp; their areas of interest</span></span></l=
i>
</ul>
<p><span style=3D"font-size: small;"><span style=3D"font-size:=
 small;"><strong>Basic Financial Statements</strong>&nbsp;</span></span><=
/p>
<p><strong><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;">(1) Balance Sheet</span></span></strong></p>
<ul>
<li><span =
style=3D"font-size: small;"><span style=3D"font-size: small;">Source &amp=
; use of funds approach</span></span></li>
<li><span style=3D"font-size:=
 small;"><span style=3D"font-size: small;">Vertical format presentation</=
span></span></li>
<li><span style=3D"font-size: small;"><span style=3D"f=
ont-size: small;">Current assets</span></span></li>
<li><span style=3D"f=
ont-size: small;"><span style=3D"font-size: small;">Fixed assets</span></=
span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;">Liabilities</span></span></li>
<li><span style=3D"font-size: =
small;"><span style=3D"font-size: small;">Shareholders' funds</span></spa=
n></li>
<li><span style=3D"font-size: small;"><span style=3D"font-size: =
small;">Capital employed</span></span></li>
<li><span style=3D"font-size=
: small;"><span style=3D"font-size: small;">Net worth</span></span></li>
=

<li><span style=3D"font-size: small;"><span style=3D"font-size: small;">=
Working capital</span></span></li>
<li><span style=3D"font-size: small;"=
><span style=3D"font-size: small;">Long &amp; short balance sheet analysi=
s</span></span></li>
</ul>
<p><strong><span style=3D"font-size: small;"=
><span style=3D"font-size: small;">(2) Profit &amp; Loss Account</span></=
span></strong></p>
<ul>
<li><span style=3D"font-size: small;"><span sty=
le=3D"font-size: small;">Timing adjustments</span></span></li>
<li><span=
 style=3D"font-size: small;"><span style=3D"font-size: small;">Distributi=
on or appropriation of profits</span></span></li>
</ul>
<p><strong><spa=
n style=3D"font-size: small;"><span style=3D"font-size: small;">(3) Cash =
Flow Statement</span></span></strong></p>
<ul>
<li><span style=3D"font-=
size: small;"><span style=3D"font-size: small;">Operating cash cycle</spa=
n></span></li>
<li><span style=3D"font-size: small;"><span style=3D"font=
-size: small;">Relationship between depreciation &amp; cash flow</span></=
span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;">Non-operating cash outflows &amp; inflows&nbsp;</span></span><=
/li>
</ul>
<p><strong><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">Interpreting Auditors' Reports</span></span></strong><=
/p>
<ul>
<li><span style=3D"font-size: small;"><span style=3D"font-size=
: small;">Objectives &amp; scope of audit</span></span></li>
<li><span s=
tyle=3D"font-size: small;"><span style=3D"font-size: small;">Reasonable a=
ssurance</span></span></li>
<li><span style=3D"font-size: small;"><span =
style=3D"font-size: small;">True &amp; fair view</span></span></li>
<li>=
<span style=3D"font-size: small;"><span style=3D"font-size: small;">Audit=
ors' opinion: Unqualified, emphasis of matters, qualified, disclaimer, ad=
verse opinion&nbsp;</span></span></li>
</ul>
<p><strong><span style=3D"=
font-size: small;"><span style=3D"font-size: small;">Analysing Performanc=
e of an Enterprise</span></span></strong></p>
<p><strong><span style=3D"=
font-size: small;"><span style=3D"font-size: small;">(1) Liquidity Ratios=
</span></span></strong></p>
<ul>
<li><span style=3D"font-size: small;">=
<span style=3D"font-size: small;">Importance of liquidity</span></span></=
li>
<li><span style=3D"font-size: small;"><span style=3D"font-size: smal=
l;">Application, case studies &amp; interpretation techniques</span></spa=
n></li>
</ul>
<p><strong><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">(2) Profitability Ratios</span></span></strong></p>
=
<ul>
<li><span style=3D"font-size: small;"><span style=3D"font-size: sma=
ll;">Importance of profitability</span></span></li>
<li><span style=3D"f=
ont-size: small;"><span style=3D"font-size: small;">Return on investment<=
/span></span></li>
<li><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">Drivers of margin on sales</span></span></li>
<li><sp=
an style=3D"font-size: small;"><span style=3D"font-size: small;">Drivers =
of sales to total assets</span></span></li>
<li><span style=3D"font-size=
: small;"><span style=3D"font-size: small;">Operating profit model</span>=
</span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-s=
ize: small;">Application, case studies &amp; interpretation techniques</s=
pan></span></li>
</ul>
<p><strong><span style=3D"font-size: small;"><sp=
an style=3D"font-size: small;">(3) Solvency Ratios</span></span></strong>=
</p>
<ul>
<li><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;">Importance of solvency</span></span></li>
<li><span style=3D"=
font-size: small;"><span style=3D"font-size: small;">Application, case st=
udies &amp; interpretation techniques</span></span></li>
</ul>
<p><stro=
ng><span style=3D"font-size: small;"><span style=3D"font-size: small;">(4=
) Asset Management</span></span></strong></p>
<p><strong><span style=3D"=
font-size: small;"><span style=3D"font-size: small;">(5) Ratios</span></s=
pan></strong></p>
<ul>
<li><span style=3D"font-size: small;"><span styl=
e=3D"font-size: small;">Importance of asset management</span></span></li>=

<li><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>Application, case studies &amp; interpretation techniques</span></span><=
/li>
</ul>
<p><strong><span style=3D"font-size: small;"><span style=3D"=
font-size: small;">(6) Stock Market Ratios</span></span></strong></p>
<u=
l>
<li><span style=3D"font-size: small;"><span style=3D"font-size: small=
;">Application, case studies &amp; interpretation techniques&nbsp;</span>=
</span></li>
</ul>
<p><span style=3D"font-size: small;"><span style=3D"=
font-size: small;"><strong>Trainer:&nbsp;<a href=3D"https://www.takx.com.=
sg/trainer/lim-kaim-soon" target=3D"_blank">Mr Lim Kaim Soon (view profil=
e)</a></strong>&nbsp;<strong><br /></strong></span></span></p>
<p><stron=
g><span style=3D"font-size: small;"><span style=3D"font-size: small;">Dat=
e : Thursday, 22 May 2025</span></span></strong></p>
<p><span style=3D"f=
ont-size: small;"><span style=3D"font-size: small;"><strong>Venue : Carlt=
on Hotel, 76 Bras Basah Road</strong>&nbsp;</span></span></p>
<p><span s=
tyle=3D"font-size: small;"><span style=3D"font-size: small;"><strong>Time=
 : 9:00am to 5:00pm (Registration starts at 8:45am)</strong>&nbsp;</span>=
</span></p>
<p><span style=3D"font-size: small;"><span style=3D"font-siz=
e: small;"><strong>Fee : $450 per participant (inclusive of Course Materi=
als, Writing Stationery, Buffet Lunch and Refreshments)</strong>&nbsp;</s=
pan></span></p>
<p><span style=3D"font-size: small;"><span style=3D"font=
-size: small;">To sign up for the workshop,&nbsp;<strong>please&nbsp;</st=
rong><strong><a href=3D"https://www.takx.com.sg/workshop/understanding-fi=
nancial-statements-for-non-finance-personnel" target=3D"_blank">register&=
nbsp;online</a>&nbsp;</strong>so that we may reserve a seat for you. Once=
 we have received your registration details, we will send you a confirmat=
ion email along with an invoice to facilitate your payment.</span></span>=
</p>
<div lang=3D"x-western"><span style=3D"font-size: small;"><span sty=
le=3D"font-size: small;">Since 2007, TAKX Solutions has trained more than=
 16,000 participants from over 6,500 organisations with our range of GST,=
 tax, finance, risk management and international trade documentation work=
shops. In the coming weeks, Takx Solutions will be conducting the followi=
ng workshops:</span></span></div>
<div lang=3D"x-western"><span style=3D=
"font-size: small;"><span style=3D"font-size: small;"><br /></span></span=
></div>
<div lang=3D"x-western"><span style=3D"font-size: small;"><span =
style=3D"font-size: small;"><span style=3D"font-weight: bold;">Taxation</=
span>&nbsp;</span></span></div>
<div lang=3D"x-western">
<div lang=3D"x=
-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=
=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div=
 lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
=

<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-weste=
rn">
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-=
western">
<div lang=3D"x-western">
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western">
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"x-western">
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ng=3D"x-western">
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iv lang=3D"x-western">
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>
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<div lang=3D"x-western">
<div lang=3D"x-wes=
tern">
<div lang=3D"x-western">
<div lang=3D"x-western">
<ul>
<li><sp=
an style=3D"font-size: small;"><span style=3D"font-size: small;">Masterin=
g the Basic &amp; Intermediate Concepts of GST on 16 May (Fri)</span></sp=
an></li>
<li><span style=3D"font-size: small;"><span style=3D"font-size:=
 small;">Fundamentals of Corporate Tax on 27 May (Tue)</span></span></li>=

<li><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>GST: Zero-Rating for International Services &amp; Exports on 13 Jun (Fri=
)</span></span></li>
<li><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">Introduction to Transfer Pricing on 9 Jul (Wed)</span=
></span></li>
<li><span style=3D"font-size: small;"><span style=3D"font-=
size: small;">Withholding Tax on 13 Aug (Wed)</span></span></li>
<li><sp=
an style=3D"font-size: small;"><span style=3D"font-size: small;">Managing=
 Transfer Pricing in Asia on 5 Nov (Wed)</span></span></li>
</ul>
</div=
>
<div lang=3D"x-western"><span style=3D"font-size: small;"><strong>Fina=
nce / Accounting&nbsp;</strong><br /> </span>
<ul>
<li><span style=3D"f=
ont-size: small;"><span style=3D"font-size: small;">Effective Credit Cont=
rol &amp; Debt Recovery on 21 May (Wed)</span></span></li>
<li><span sty=
le=3D"font-size: small;"><span style=3D"font-size: small;">Preparing Cash=
 Flow Statements - Getting it Right on 13 Jun (Fri)</span></span></li>
<=
li><span style=3D"font-size: small;"><span style=3D"font-size: small;">Pr=
eparing Unaudited Financial Statements on 19 Jun (Thu)</span></span></li>=

<li><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>A Practical Guide to FRS Updates on 24 Jun (Tue)</span></span></li>
<li=
><span style=3D"font-size: small;"><span style=3D"font-size: small;">Busi=
ness Writing to Collect Debts on 25 Jun (Wed)</span></span></li>
<li><sp=
an style=3D"font-size: small;"><span style=3D"font-size: small;">AI Autom=
ation for Accountants with VBA, ChatGPT &amp; Copilot on 10 Jul (Thu)</sp=
an></span></li>
<li><span style=3D"font-size: small;"><span style=3D"fon=
t-size: small;">FRS Overview Part 1: A Practical Guide to the Commonly Us=
ed Accounting Standards on 25 Jul (Fri)</span></span></li>
<li><span sty=
le=3D"font-size: small;"><span style=3D"font-size: small;">FRS Overview P=
art 2: A Practical Guide to the Commonly Used Accounting Standards on 12 =
Sep (Fri)</span></span></li>
</ul>
<p><strong><span style=3D"font-size:=
 small;"><span style=3D"font-size: small;">International Trade Documentat=
ion</span></span></strong></p>
<ul>
<li><span style=3D"font-size: small=
;"><span style=3D"font-size: small;">How to Handle Export LCs &amp; BLs: =
Understanding the Revised ISBP 821 &amp; Clarifications to UCP 600 on 23 =
May (Fri)</span></span></li>
<li><span style=3D"font-size: small;"><span=
 style=3D"font-size: small;">Understanding Incoterms 2020 on 27 Jun (Fri)=
</span></span></li>
<li><span style=3D"font-size: small;"><span style=3D=
"font-size: small;">The Basics of Import/Export &amp; International Trade=
 on 16 Jul (Wed)</span></span></li>
<li><span style=3D"font-size: small;=
"><span style=3D"font-size: small;">Understanding the Essentials of Lette=
rs of Credit on 25 Jul (Fri)</span></span></li>
<li><span style=3D"font-=
size: small;"><span style=3D"font-size: small;">Understanding Pitfalls in=
 LC Transactions on 22 Aug (Fri)</span></span></li>
</ul>
</div>
<p><s=
trong><span style=3D"font-size: small;"><span style=3D"font-size: small;"=
>Finance for Non-Finance</span></span></strong></p>
<ul>
<li><span styl=
e=3D"font-size: small;"><span style=3D"font-size: small;">Effective Cash =
Flow Management, Budgeting &amp; Analysis on 15 Jul (Tue)</span></span></=
li>
</ul>
</div>
<div lang=3D"x-western">
<div lang=3D"x-western">
<=
div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western=
">
<div lang=3D"x-western"><span style=3D"font-size: small;"><span style=
=3D"font-size: small;">To find out more about these workshops and to down=
load the registration forms, please visit&nbsp;<a href=3D"http://www.takx=
=2Ecom.sg/" target=3D"_blank">www.takx.com.sg</a></span></span></div>
</=
div>
</div>
</div>
</div>
</div>
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iv>
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<p><span style=3D"=
font-size: small;"><span style=3D"font-size: small;">In the mean time, if=
 you have any enquiries, I'll be glad to answer them on tel: 6293 9068.</=
span></span></p>
<p><span style=3D"font-size: small;"><span style=3D"fon=
t-size: small;">Looking forward to your participation in our workshop!&nb=
sp;</span></span></p>
<div lang=3D"x-western">
<div lang=3D"x-western">=
<address>
<div lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D=
"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western"><address>=
<span style=3D"font-size: small;"><span style=3D"font-size: small;">Jay G=
oh&nbsp;</span></span></address><address><span style=3D"font-size: small;=
"><span style=3D"font-size: small;">TAKX Solutions Pte Ltd</span></span><=
/address><address><span style=3D"font-size: small;"><span style=3D"font-s=
ize: small;">Tel: 6293 9068</span></span></address><address><strong><span=
 style=3D"font-size: small;"><span style=3D"font-size: small;">We've move=
d! We're now located at:&nbsp;</span></span></strong></address><address><=
span style=3D"font-size: small;"><span style=3D"font-size: small;">960 Du=
nearn Road #06-25</span></span></address><address><span style=3D"font-siz=
e: small;"><span style=3D"font-size: small;">Singapore 589486</span></spa=
n></address><address><span style=3D"font-size: small;"><span style=3D"fon=
t-size: small;">WEBSITE:&nbsp;<a href=3D"http://www.takx.com.sg/" target=3D=
"_blank">http://www.takx.com.sg</a></span></span></address><address><span=
 style=3D"font-size: small;"><span style=3D"font-size: small;"><br /></sp=
an></span></address><address></address><address></address><address></addr=
ess><address></address><address></address><address></address><address></a=
ddress><address></address><address></address><address></address><address>=
</address><address></address><address></address><address></address><addre=
ss></address><address><strong><span style=3D"font-size: small;"><span sty=
le=3D"font-size: small;">Note: To unsubscribe from this mailing list, ple=
ase reply to this message and indicate UNSUBSCRIBE in the subject header.=
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