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Finance Essentials for Business Success

To be an all-round successful business professional, sound financial knowledge is essential. Cash flow, in particular, is the lifeline of any business. Upon completion of this highly intensive 1-day programme,  you will be able to think of your business / operations in financial terms and equipped with the knowledge to identify the important financial levers that you can use to drive desirable business results.  The ability to understand and use financial information is thus, of paramount importance to business success.


Key Takeaways

At the end of the programme, participants would acquire the skills to:

  • interpret key financial statements.
  • assess the financial health of organisations.
  • recognise ‘red flags’ and risks.
  • identify events that have the most impact on the company’s cash flow.
  • identify potential business opportunities or improvements that enhance organisational value.


Programme Code: CRS-N-0044323


Programme Length

1 day

Admission Period Before programme commencement date
Application Period

Before programme commencement date

Areas of Study

Business Finance

Exclusively Designed For

Certified Professional Business Manager (CPBM)

This programme is part of the Professionals Management Toolkit (PMT) Series. Participants who successfully complete 6 programmes offered by SMUA-HCML within 5 years will receive the Certified Professional Business Manager (CPBM). For example:

Please click here for CPBM details and list of programmes.


Schedule INTAKE 2 > 11 Sep 2018 (9.00am - 5.00pm) - Open for Registration Now

Financial statements overview

  • Understand the principles and rules that guide the preparation of financial statements
  • Overview of key financial statements and their main components
  • Understand the linkages between the various financial statements and their connection to the organisation’s strategy

Assessing the financial condition of a business and identifying key performance drivers

  • Use financial statements to identify an organisation’s performance and vulnerability areas
  • Assess the risks in the level of leverage and capital structure

Managing cash flow

  • Identify the difference between net profit and cash flow
  • Understand how business decisions and events impact the organisation’s cash flow
  • Decide on corrective actions if necessary


  • Analyse a sample organisation’s financial statements to assess the organisation’s strategy, business performance and potential opportunities / risks
Related Topics Financial Markets and Institutions, Law, Business, Social Sciences & Humanities

Fee payable to SMU:
SGD909.50 (incl. 7% GST) per person


Fee payable to SMU after 70% SSG Funding
(for Singapore Citizens / Permanent Residents only):
SGD272.85 (incl. 7% GST) per person


Fee payable to SMU after 70% SSG Funding & 20% SkillsFuture Mid-Career Enhanced Subsidy
(for Singapore Citizens aged 40 years & above only): 
SGD102.85 (incl. 7% GST) per person


Fee payable to SMU after 70% SSG Funding & 25% Workfare Training Support Scheme
(for Singapore Citizens aged 35 years & above (13 years & above for Persons With Disabilities) and earning a monthly income of not more than SGD2,000): 
SGD60.35 (incl. 7% GST) per person


Fee payable to SMU after 70% SSG Funding & 20% Enhanced Training Support for SMEs
(for SMEs* sponsoring their employees who are Singapore Citizens / Permanent Residents only): 
SGD102.85 (incl. 7% GST) per person


* SMEs must meet all of the following criteria:
  1. Organisation must be registered or incorporated in Singapore
  2. At least 30% local shareholding by Singapore Citizens or Singapore Permanent Residents
  3. Employment size of not more than 200 (at group level) or with annual sales turnover (at group level) of not more than SGD100 million
  4. Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  5. Trainees must be Singapore Citizens or Singapore Permanent Residents



SkillsFuture Credit:
Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture Credit (up to SGD500) to defray part of the course fee.  With effect from 19 May 2017, SkillsFuture Credit claim will only be paid directly to the training provider from SkillsFuture Singapore.  
Claim should be submitted via the Training Exchange (click hereand SMU Academy has to be informed on the Claim ID no. and claim amount in order for the correct payable course fee amount to be reflected on the invoice.  Please click here for the User Guide on how to claim for SkillsFuture Credit.  


Absentee Payroll:
Companies who sponsor their employees for the programme are eligible to apply for absentee payroll via the SkillsConnect system.  For more information, please visit 


Union Training Assistance Programme (UTAP)

All NTUC union members and self-funding are eligible for UTAP funding (up to SGD250 per annum).  Please click here for more information on UTAP and application.

Who Should Attend

This programme is ideal for business professionals who wish to gain sound financial knowledge quickly and be able to interpret financial information to help them in driving desired business results.


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Last updated on 23 Apr 2018.



SMU Academy | Human Capital, Management & Leadership

Singapore Management University
School of Accountancy Building
60 Stamford Road, Level 6
Singapore 178900


Contact Persons:

Mr Tan Kim Guan /
Ms Caren Chiang /
Mr Damone Teo         

+65 6828 1966 / 
+65 6808 5361 / 
+65 6828 0071