(Funded) BM WSQ Evaluate and Interpret Financial Reports

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BM WSQ:

Evaluate and Interpret Financial Reports


(TGS-2012500528)
Participants will be awarded the Statement of Attainment for BM WSQ: Evaluate and Interpret Financial Reports upon successful completion
of the course.
Course Objective
This unit covers evaluating financial results as well as  50% Course Fee Subsidy (SC aged ≤
developing and presenting recommendations and 39/SPR/ LTVP+ Holders)
implications to relevant stakeholders for review.
 70% Course Fee Subsidy (SC aged ≥ 40/
Target Audience SMEs)
Managers, division heads and directors  Absentee Payroll
$4.50 per hour, capped at $100,000 per
Prerequisites enterprise per calendar year
Basic financial/accounting knowledge.
Course Outline SME
NON- SELF- Full Course Training Amount
Evaluate financial results to enable relevant SME SPONSORED Fee Grant Payable
- All SC,
stakeholders to understand the financial performance SPR & $695.50 - $455.00 = $240.50
of organisation - SC aged ≥ 40
LTVP+
• Identify stakeholders and organisational strategies - SC aged ≤ 39
- All SPR $695.50 - $325.00 = $370.50
through assessment of financial reports - LTVP+
• Calculate and analyse financial reports
All prices stated are inclusive of 7% GST
• Interpret strengths and weaknesses through financial
analysis SC : Singapore Citizen
SPR: Singapore Permanent Resident
Develop recommendations for relevant stakeholders LTVP+: Long Term Visit Pass Plus Holders
: Not Applicable
with regard to strategic decision making
*SMEs are defined as companies with
• Assess implications and propose solutions (i) at least 30% local shareholding; AND
• Justify proposed solutions using forecast and (ii) Group annual sales turnover of not more than $100
projections million OR Group employment size of not more than 200
employees.
• Propose funding options and Optimal Capital Mix to
support solution Funding Eligibility
In order to enjoy the funding, participants need to fulfill
Present recommendations and implications to the following requirements:
relevant stakeholders for review in relation to 1. Singapore Citizens, Singapore Permanent Residents
(SPRs) or Long Term Visit Pass Plus (LTVP+)
organisational strategies. Holders
2. Attain at least 75% course attendance
Methodology 3. Successfully complete assessment & certified as
This course will comprise of case studies, group competent
4. Have not enjoyed funding for the same course
discussions, activities and short lectures. Before.
5. For company-sponsored participants, training is
fully sponsored by companies, which are
registered or incorporated in Singapore
6. Sponsoring company is the direct employer who is
Dates : 7-8 Mar, 6-7 June, 15-16 Aug, 10-11 Oct, 12-13 Dec contributing CPF for the registered Singapore Citizens
Duration : 2 days, 9am to 5pm (Day 1), 9am to 5:30pm (Day 2) or Singapore Permanent Residents (SPRs) participant
(14.5 hours)
Assessment : On a separate day (0.75 hours) For training conducted outside working hours, AP
Course Venue : SNEF Corporate Learning Centre @ Tanglin funding is given to the employers to defray the overtime
pay that was paid to their employees. Hence to qualify
for AP funding, employers must have in place Human
Register online via our SNEF website www.snef.org.sg
Resource (HR) policy which provides for the payment of
Click on ‘Training’  ‘Programmes & Courses’  ‘Financial overtime pay to employees for these training hours and
Management’  ‘View’ under Course Dates/ Registration pay their employees overtime pay for these hours, in
accordance with the HR policy.

Enquiries:
Veena DID: 6827 6973 / Training hotline: 6827 6927 Email : veena@snef.org.sg / trg@snef.org.sg

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