Introduction
The aim of this seminar is to enable the non-financial professionals to understand the concepts of financial management especially in the areas of budgeting and cost control. Through an interactive approach and the use of case studies, participants will be able to appreciate the key underlying concepts and techniques used in financial management and be aware of those areas that they have to be alerted to.
Course Objectives
On completion of this seminar, participants should be able to:
- enhance their understanding on the financial status of the organisation;
- interpret and analyze the components of financial statements and review the items associated with each component;
- understand the concept of effective cost control and budgeting
Target Participants
HKIE Member or engineer
Course Contents
- Main components of financial statements
- Key underlying accounting concepts used in preparing financial statements
- Case studies to demonstrate how to read and interpret financial statements strategically
- Computing and analyzing financial ratios in interpreting the organization performance/ project performance in respects of profitability, liquidity, solvency and market prospective
- Terminology and basic principles of cost
- The use of budget to control and evaluate organizational performance
Award
Certificate of Attendance
Medium of Instruction
Cantonese (course materials in English)
