Skip to main content

Managements' Guide on How to Really Read Financial Statements

How to make sense of financial reports is the typical challenge faced by decision-makers.  While many can read financial statements, only a few can correctly interpret and analyze the numbers to make the right decisions in board and management meetings.
To help you master financial statements, the Center for Global Best Practices will host a special program entitled "How to REALLY Read Financial Statements for Board Directors & Decision-Makers", on Thursday & Friday, July 26 & 27, 2018 at the Manila Marriott Hotel, Pasay City, Philippines.

This easy-to-understand program is designed for non-finance decision-makers who make use of financial statements.  This is to help business owners, board directors and management make sense of the annual reports, income statement, balance sheet and statement of cash flows. You will be able to spot critical issues and ask smart questions that business owners and management need to know.
Find out what is right, what is wrong, and what is fishy in the financial reports.  You will become more effective in your decisions if you understand the numbers and the meaning behind those numbers.  Most importantly, improving your financial literacy will ensure you are being dealt with fairly and squarely by accountants and finance professionals – ensuring that you are not being taken for a ride.
In this two-day program, you will also learn to interpret the external auditors’ opinion as well as the footnotes and disclosures in annual reports.  The skills you will learn will be very useful in investment decisions for your company and even in choosing stocks in the capital markets. 

This special program will feature one of the “Most Accurate Forecasters” in the world, Jonathan Ravelas. He is also the chief market strategist of the largest commercial bank in the Philippines – BDO.  His valuable insights and analysis on the financial performance of companies and the equities market are well sought after, with his commentaries appearing in Asian Wallstreet Journal, Business World and Philippine Daily Inquirer newspapers and televised interviews on ANC, Bloomberg and BBC.

This will also feature Mary Jane O. Rosales, CPA, CIA, former president of 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. She obtained a B.S.B.A. degree, major in accounting, from the University of the Philippines (1979).

If you wish to sharpen your finance essentials, then this program is for you.  Whether you are in marketing, HR, operations, or even the board director, owner or stakeholder, it’s your business to know the language of business! 

Interested participants may avail of the following:

a)  5% Early Payment discount (valid until July 3, 2018)

b)  5% Group discount for those registering 3 or more 


You may also find of interest the following Best Practices Programs:

     Thursday & Friday, August 2 & 3, 2018

2) Best Practices in Implementing Effective Business Controls
     Thursday, August 16, 2018

3)  How to Use Parliamentary Procedures for Effective Meetings
      Friday, August 31, 2018

4) Understanding Cooperative Financial Statements
     Thursday and Friday, September 6 & 7, 2018

5) Corporate Governance Board Effectiveness Best Practices
     Friday, November 9, 2018

6) Corporate Governance in the Digital Age
     Tuesday, December 4, 2018

7) Best Practices in Corporate Housekeeping
     Thursday & Friday, May 23, and 24, 2019

Interested participants may contact 

Center for Global Best Practices
Telephone Numbers:
Metro Manila:   (+63 2) 842-7148 or 59, and
                             (+63 2) 556-8968 or 69
Baguio Line:       (+63 74) 423-2914 
Cebu City:           (+63 32) 512-3106 or 07
Legaspi City:       (+63 52) 736-0148

CGBP also accepts in-house training and consulting for individuals, families, and corporate clients. We invite you to check our website at www.cgbp.org for a complete list of Best Practices Programs.

Note: Public officials and government employees attending these training programs are exempted from the P2,000.00 limit set by COA based on Department of Budget and Management circular 563 issued on April 22, 2016.

 #BestPractices #UpcomingSeminars2018 #PhilippineConferences #SeminarsPh #PhilippineTraining #BeFullyInformed #BusinessCourse #CorporateMeetingsandEvents  #OfficeManagement #FinancialLiteracy #BusinessStrategies #WorkingCapital #FinancialStatements #BusinessDecisions #IssueSpotting #BusinessOwners #BalanceSheet #AccountingLiteracy #AccountingPrinciples #HowtoReallyReadFinancialStatements
Labels:

Comments

Post a Comment

Popular posts from this blog

Legal Best Practices in Crafting your HR Code of Discipline

You may have your HR policies and contracts in order, but do you have an effective code of discipline aligned with the updated labor laws?  The code of discipline is your manual that defines the penalties for violation of company policies.  It is the common point of reference for the employer when disciplinary or legal actions may be taken on the part of wayward and rogue employees. To help the management and HR practitioners implement discipline on their organizations, the Center for Global Best Practices will host a special training entitled, Legal Best Practices in Crafting your HR Code of Discipline to be held on Friday, December 7, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. This one-day training will teach you how to design and craft your code of discipline – the right way . Learn the best practices on how to prepare, establish and implement disciplinary policies guaranteed to promote professionalism, industrial harmony and ward off any temptation
Post a Comment
Read more

BIR CAS Compliance for Contractors and Property Developers

  Inviting all medium and large taxpayers to this one-day seminar on  “BIR Computerized Accounting System Compliance for Contractors and Property Developers”  to help those organization who are having difficulty setting up, getting accreditation, and running a successful computerized accounting system (CAS) in compliance with the BIR regulation 2009-9.  This program is to provide guidance and assistance to these companies who are large taxpayers and medium sized (ones who are soon to be re-classified as large taxpayers).  This includes those top 500 medium taxpayers in each revenue districts whose will have the same compliance requirement as the large taxpayers.  This event is scheduled on Thursday, February 8, 2018 at the Manila Marriott Hotel, Pasay City, Philippines.  The lecture is also applicable for other types of large taxpayers. Given the Duterte administrations need for more funding for infrastructure, it has set its focus as one of its priorities to strengthen it’
Post a Comment
Read more

Transformative Law Teaching

Legal educators RELOADED! This two-day faculty development program aims to present new law professors with best practices in teaching law, and introduce experienced law professors to innovations in curriculum development and teaching methods. This is designed to improve the overall teaching performance of law educators by exposing them to learner-centered, outcome based education, an array of teaching methods, classroom management and more! This pioneering initiative is spea rheaded by the Philippine Association of Law School (PALS) and the Center for Global Best Practices. Register on or before December 5 to avail of the early registration and payment discount! If you are applying to be a law professor, this program will enhance your eligibility to teach at a PALS member school. Title: Transformative Law Teaching Date: January 5 & 6, 2018 (Friday & Saturday) Venue: University of San Carlos, Cebu City, Philippines Interested participants may contact Center for
Post a Comment
Read more