Accounting 101 : (POSTPONED)

Financial statements are often relied on for decision-making. The risk of misinterpretation can be high if one is not aware of the basis upon which financial statements are prepared in the first place.  De-mystify and make better sense of financial statements today! The course aims to empower participants with:

  • the underlying meanings of different terms found in financial statements and why we should investigate deeper,
  • how transactions are finally reflected in the financial statements, and
  • common “grey” areas in the recording of transactions.

Programme Outline

Types of financial statements

    • Corporate accounts
    • Management accounts

Balance Sheet

    • Assets
    • Liabilities
    • Equity

Profit & Loss Statement

    • Revenue
    • Expenses
    • Why is accounting profit different from cash flow?

Relationship between Balance Sheet and Profit & Loss Statement

How transactions flow to the financial statements

 Recording & Relevance of Common Adjustments at year-end:

    • Cost of sales                         
    • Depreciation                         
    • Prepayments                         
    • Accruals                
    • Deferred Income                   
    • Unbilled revenue   and Provisions  

Programme Methodology
Lectures and exercises, and condensed published financial statements of a company listed on the Stock Exchange of Singapore will be used.

Target Audience

Managers & executives who wish to understand accounting fundamentals before moving on to analyzing financial statements.

Mr Chow Chan Kwan has delivered accounting and finance lectures to students pursuing the Certificate in Management (CIM) at the Singapore Institute of Management (SIM), and conducted in-house financial training during the initial stage of his career as a statistics and research officer at a Malaysian Bank.

Chow holds a Master of Business Administration (MBA) degree in Accounting and Finance from Ohio University in the USA. While pursuing his MBA degree, he delivered accounting lectures to freshmen students, a provision under the university’s Graduate Assistant Scholarship Scheme. 

*Programme is accurate at the time of print

Day/Date: 24 May 2019, Fri

Time: 9:00am - 5:00pm

Fee per pax (incl. GST): S$370.00 (Member )  |  S$490.00 (Non-Member)

Venue : 160 Robinson Road, SBF Center, #06-01, Singapore 068914

For more information, please contact:

Email: (ATTN: Ms. Josephine Ong)

Call: 6701 1135

Administrative Details:

Please email to to reserve a seat, this will be followed by a confirmation email. Upon confirmation, please prepare a cheque to SBF (refer to address on above letterhead). Cheque should be made payable to “Singapore Business Federation”. Please indicate the Ref No. and company’s name, participant’s name at the back of the cheque.

•             Registration is on a first-come-first-served basis. No cancellation will be allowed upon registration, but attendance by a replacement delegate from your company is allowed. We regret that no refund and full fees will be charged for cancellation or non-attendance.

•             Confirmation of your registration will be emailed to your company upon receipt of full payment.

NOTE:  As a precautionary measure, our advice is for members who are unwell not to attend the session.


All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these event. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for  compelling and legitimate grounds relating to your particular situation, please inform our staff.

5/24/2019 9:00 AM - 5:00 PM

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