Financial Management

Learning Outcome: Analyze the strategic importance of the statement of financial position in evaluating an organization’s financial health and stability.

Topics:

• Statement of Financial Position vs Balance Sheet
• Strategic Role of the Statement of Financial Position: Understanding its purpose and relevance in financial decision-making.
• Key Components of the Statement: Assets, Liabilities, and Equity, and their impact on financial health.

Learning Outcome: Compare income statements to identify profitability patterns.

Topics:

• Components of the income statement: Revenue, expenses, and net income
• Analyzing profitability: Gross profit margin, operating margin, net profit margin
• Key components of cash flow statements: Operating, investing, and financing activities
• Importance of cash flow for organizational sustainability

Learning Outcome: Assess the statement of changes in equity to evaluate shareholder value.

Topics:

• Retained earnings, dividends, change of share capital
• Purpose and significance of changes in equity
• Role of equity in assessing organizational performance
• Understanding the drivers of changes in equity
• Importance of equity movements in reflecting organizational performance

Learning Outcome: Evaluate strategic financial analysis techniques to uncover risks, identify opportunities, and evaluate long-term financial stability.

Topics:

• Recognize and interpret financial shifts over time across various statement types.
• Analyze liquidity, solvency, and efficiency using current ratio, quick ratio, and debt-to-equity ratio.
• Assess profitability, liquidity, solvency, and efficiency relative to industry benchmarks.
• Combine data from income statements, balance sheets, and cash flow statements to uncover risks and opportunities.
• Evaluate trends in cash flow ratios (e.g., cash flow to debt, cash conversion cycle) and revenue patterns for sustainability.
• Identify and compare retained earnings, dividends, and share issuances to assess financial stability.

Learning Outcome: Propose actionable recommendations to stakeholders based on the financial statement analysis.

Topics:

• Analyze and interpret financial data to develop actionable strategies for organizational improvement.
• Prepare and interpret equity and cash flow statements to assess organizational liquidity and strategic alignment.
• Present findings and recommendations to stakeholders, aligning with organizational objectives.
• Synthesize data from financial statements to provide comprehensive insights for stability and growth.

Financial Management is the strategic handling of finances to achieve stability and long-term success. It covers budgeting, planning, investing, risk management, and cost control to ensure effective resource use and cash flow. Strong financial management helps individuals and organizations reduce debt, grow wealth, and make informed financial decisions.

Learning financial management is important because it empowers individuals and organizations to make informed, strategic decisions about money. It equips you with the skills to budget effectively, manage debt, invest wisely, and plan for future goals. With strong financial knowledge, you can avoid common pitfalls, improve financial stability, and build long-term wealth. For professionals, it enhances career opportunities and decision-making confidence, while for individuals, it promotes financial independence and peace of mind. In a world where financial literacy is crucial, mastering financial management is a key step toward lasting success.

Yes, up to 70% funding support is available from The Institute of Banking & Finance (IBF) for our IBF-accredited programmes:

The IBF Standards Training Scheme ("IBF-STS") offers funding for training and assessment programmes accredited under the Skills Framework for Financial Services.

Yes. For self-sponsored Singaporeans aged 25 years old and above, you can use your SkillsFuture Credit to offset the remaining course fees after WSQ funding.

To check your SkillsFuture credit balance, please follow these steps:

1. Go to https://myskillsfuture.gov.sg
2. Click on ‘Submit SkillsFuture Credit Claims’
3. Login with your SingPass
4. Click on the arrow (>) at the top right hand corner. You will be able to see a drop-down list of your Available SkillsFuture Credits.

After you have registered for a course, an Aventisrepresentative will reach out to guide you with the SkillsFuture Credits

Yes, all our courses are eligible for Union Training Assistance Programme (UTAP) Funding. NTUC Union members can use UTAP to offset 50% of unfunded course fees (capped at $500 per year).

This claim must be done after completion of the course. Please refer to the UTAP FAQ for more information.

Yes, both can be utilized concurrently. UTAP claims are processed after SkillsFuture Credits have been applied.

Illustrative Example:

• Total Course Fee: $1,000
• IBF Subsidy (70%): $700
• Remaining Fee: $300
• SkillsFuture Credit Applied: $200
• Out-of-Pocket Expense: $100
• UTAP Reimbursement (50% of $100): $50
• Final Cost After Reimbursements: $50

A laptop is required for this course. No special software or other hardware is required for this course participation.

Upon successful completion of this IBF-accredited course, you'll receive a Financial Management certification to showcase your knowledge and expertise in this field.

Our programmes are highly respected by leading companies, who actively shape our curriculum and utilize our courses for employee training.