Finance Management

Financial Statements and Accounting Standards - Basics
Speaker: Mrs. Kamakshi Sinha
Registration Fee: Individual: 50 US$
Group (3 pax): 100 US$
Language: English
Time Length: ~60 Min
To Register: Registration Form
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Description: Financial Statements are the formal records that a business keeps, and a good understanding of the same will help you walk through every facet of it. The Financial Statements are prepared based on certain universal rules, known as the Accounting Standards. The objective of this webinar is to understand - the importance of Financial Statements (Profit and Loss Account, Balance Sheet and Cash Flow Statement, Shareholder’s equity); - accepted accounting standards leading to the preparation of these statements; and - the use by various stakeholders. This webinar is aimed to introduce you to the Financial Statements, how are they prepared and audited, and also the Accounting Standards on which these Financial Statements are based. This will provide the foundation for the following webinars on a detailed understanding on each type of the financial statement.
Speaker: Kamakshi Sinha has been in the finance sector for more than twenty years, with a well-rounded experience starting with Articleship at S.B.Billimoria, completing Chartered Accountancy under the flagship of Deloitte India (then A.F.Ferguson & Co.) After a vast and varied experience in Audit & Assurance, she moved on to the other side of the table and joined manufacturing and trading sectors. Currently she resides in Bangkok and is the Financial Controller at Fenatex Co., Ltd. and Fena Spinning Co., Ltd (a subsidiary of Fenatex Co., Ltd). She has successfully led and implemented a cloud based customized ERP for Fenatex (a three billion plus baht company). She is passionate about Finance and Accounting and is dynamic to the changes and amendments of rules and regulations of the Finance world. When she is not engrossed in the numbers and ratios, she loves cooking, reading and listening to music. She is currently reading the works of Ramdhari Singh Dinkar, titled Rashmirathi.

Profit and Loss Account (Financial Statements) & Analysis
Speaker: Mrs. Kamakshi Sinha
Registration Fee: Individual: 50 US$
Group (3 pax): 100 US$
Language: English
Time Length: ~60 Min
To Register: Registration Form
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Description: Profit and Loss Account is the performance barometer of a company. It is part of the financial statements and summarizes the company’s total revenue and other incomes and total expenses that have been incurred in the reporting period. The resultant profit or loss is then carried forward to the accumulated retained earnings/ deficit over the years (which forms part of the Shareholders’ equity). The Profit and Loss Account provides an overview of the financial health of the business. Also the relevant tax authority of the country/ revenue department requires the Profit and Loss Account to assess the tax on the company’s profits. A Profit and Loss normally reflects the Company’s Revenues/ Sales, Cost of Goods Sold, Selling and Administrative Expenses, Finance Costs, Provision for Taxes and finally, Profits made after taxes. This webinar will walk you through the concept of a Profit and Loss of a company, how the expenses are accrued and recorded. We will cover the different heads of Profit and Loss Account, and also discuss the financial ratios that help in interpreting the Profit and Loss Account better. Such ratios include Gross Profit Margin Ratio, Net Profit Ratio, Stock Turnover Rate, Overhead Expenses Sales Ratio etc.
Speaker: Kamakshi Sinha has been in the finance sector for more than twenty years, with a well-rounded experience starting with Articleship at S.B.Billimoria, completing Chartered Accountancy under the flagship of Deloitte India (then A.F.Ferguson & Co.) After a vast and varied experience in Audit & Assurance, she moved on to the other side of the table and joined manufacturing and trading sectors. Currently she resides in Bangkok and is the Financial Controller at Fenatex Co., Ltd. and Fena Spinning Co., Ltd (a subsidiary of Fenatex Co., Ltd). She has successfully led and implemented a cloud based customized ERP for Fenatex (a three billion plus baht company). She is passionate about Finance and Accounting and is dynamic to the changes and amendments of rules and regulations of the Finance world. When she is not engrossed in the numbers and ratios, she loves cooking, reading and listening to music. She is currently reading the works of Ramdhari Singh Dinkar, titled Rashmirathi.

Balance Sheet (Financial Statements) & Analysis
Speaker: Mrs. Kamakshi Sinha
Registration Fee: Individual: 50 US$
Group (3 pax): 100 US$
Language: English
Time Length: ~60 Min
To Register: Registration Form
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Description: A Balance Sheet, as the name suggests is a statement stating the Balances of the Company’s Assets and Liabilities as on a particular date. The sum of Company’s entire Assets comprising Current, Non-Current and Fixed will always be equal, on any particular date, with the Company’s corresponding Liabilities (Current, Non-current, Short Term, Long Term) and Shareholders’ (Owners) Equity. The process of drawing up a Balance Sheet is interesting as it summarizes the Company’s position as at a date. This webinar will discuss the process in detail and also what makes a strong Balance Sheet- an optimum working capital, a balanced capital structure, strong income generating assets etc. We will also discuss in detail the ways of interpreting Balance Sheet better- through relevant ratios like Solvency ratios (Quick and Current), Debt/Equity ratios, Turnover Ratios (For Inventory and Receivables), Average age of Inventory etc.
Speaker: Kamakshi Sinha has been in the finance sector for more than twenty years, with a well-rounded experience starting with Articleship at S.B.Billimoria, completing Chartered Accountancy under the flagship of Deloitte India (then A.F.Ferguson & Co.) After a vast and varied experience in Audit & Assurance, she moved on to the other side of the table and joined manufacturing and trading sectors. Currently she resides in Bangkok and is the Financial Controller at Fenatex Co., Ltd. and Fena Spinning Co., Ltd (a subsidiary of Fenatex Co., Ltd). She has successfully led and implemented a cloud based customized ERP for Fenatex (a three billion plus baht company). She is passionate about Finance and Accounting and is dynamic to the changes and amendments of rules and regulations of the Finance world. When she is not engrossed in the numbers and ratios, she loves cooking, reading and listening to music. She is currently reading the works of Ramdhari Singh Dinkar, titled Rashmirathi.

Shareholders’ Equity and Financial Instrument
Speaker: Mrs. Kamakshi Sinha
Registration Fee: Individual: 50 US$
Group (3 pax): 100 US$
Language: English
Time Length: ~60 Min
To Register: Registration Form
[More]
Description: Shareholders’ Equity or in more common parlance, Net Worth reflects the company’s paid up share capital and retained earnings. It shows the net assets remaining with company after its debts and liabilities have been paid off. A positive net worth shows that the Company has enough assets to pay its liabilities. In this session we will cover the calculation and what goes into the Shareholders’ Equity, whether Dividends reduce a Company’s Net Worth, etc. We will also interpret the Shareholders’ Equity through ratio analysis- how the assets have been generated- through equity, through debt finances etc. We will also cover Debt-Equity ratio, Equity Ratio, Return on Shareholders’ Equity etc.
Speaker: Kamakshi Sinha has been in the finance sector for more than twenty years, with a well-rounded experience starting with Articleship at S.B.Billimoria, completing Chartered Accountancy under the flagship of Deloitte India (then A.F.Ferguson & Co.) After a vast and varied experience in Audit & Assurance, she moved on to the other side of the table and joined manufacturing and trading sectors. Currently she resides in Bangkok and is the Financial Controller at Fenatex Co., Ltd. and Fena Spinning Co., Ltd (a subsidiary of Fenatex Co., Ltd). She has successfully led and implemented a cloud based customized ERP for Fenatex (a three billion plus baht company). She is passionate about Finance and Accounting and is dynamic to the changes and amendments of rules and regulations of the Finance world. When she is not engrossed in the numbers and ratios, she loves cooking, reading and listening to music. She is currently reading the works of Ramdhari Singh Dinkar, titled Rashmirathi.