Understanding of Financial Reports for Small and Medium Enterprise

Course Date:
To be advised

Registration Period:
To be advised

Duration:
7 hours / 1 day

Time:
9am to 5pm

Mode of Training:
Classroom

Venue:
Singapore Polytechnic


Course Objectives
To facilitate the understanding of key financial reports that SME owners can use to help in better managing their business/department and cash flow.


Course Outline  

  • On-the-job Training
  • Understanding of financial reports
  • Profit and Loss statement
  • Balance Sheet and its notes
  • Cash Flow statement
  • Annual Financial Reports
  • Analysis of financial statements
  • Gross Profit Margin %
  • Net Profit Margin %
  • Monthly comparison
  • Industrial average comparison
  • Budget/Forecast vs Actual
  • Variance analysis

Suitable For
SME Owners and Finance Executives without / little Financial Knowledge.


Minimum Entry Requirements / Assumed Skills and Knowledge
Nil


Award / Certification / Accreditation
• Certificate of Attendance (electronic Certificate will be issued)

Course Fees payable:

Singapore Citizens aged below 40 and Singapore PRsSingapore CitizensOthers
Non-SME sponsored1Sponsored by SME2Aged 40 and above3Aged 35 and above, and earn ≤ $2,000 per month
$80.25
(incl. GST)
$30.25
(incl. GST)
$30.25
(incl. GST)
$14.75
(incl. GST)
$267.50
(incl. GST)

Singaporeans aged 25 years and above may use **SkillsFuture Credit balance to offset respective course fees.
1 Under the Enhanced Training Support for Small & Medium Enterprises (SMEs) Scheme. For more information, click herePlease submit the attached “Declaration Form for Enhanced Training Support Scheme for SME” together with your online application.
2 Under the SkillsFuture Mid-career Enhanced Subsidy. For more information, visit the SkillsFuture website here.
3 Under the Workfare Training Support (WTS) scheme. For more information on the scheme, click here


Funding Incentives

Please click here for more information on funding incentives.


 

Register Here
Eligible for SkillsFuture Credit

Terms and Conditions

* Registration may be closed once seats are filled up


Application Procedure

1. All applications must be made via Online Registration at www.pace.sp.edu.sg
Course fees can be paid by the following payment modes:

a) Credit Cards, Internet Banking, NETS (Not Applicable for company sponsored)
For e-payment using Visa/Master cards and Internet Banking, please click on the ‘Make e-Payment’ button on the acknowledgement page to proceed.

b) For NETS payment, you can pay at:
Singapore Polytechnic
PACE Academy

c) Cheques
Please make cheques payable to “Singapore Polytechnic”. Do cross the cheque and write the Registration Reference ID, Applicant Name and NRIC/FIN number at the back of the cheque. When you have completed required details, you may mail the cheque here

Please note that an administrative charge of $15 will be imposed for any returned cheques from the bank or financial institution.

2. All successful applicants will be notified with a letter of confirmation via email.
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