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IBF - Financial Analysis for Non-Finance Managers

Sessions 2 days
Duration 16 hrs
Level Beginner
Assessment 2 hrs

Venue

12 Woodlands Square #07-85/86/87 Woods Square Tower 1, Singapore 737715. 5 mins walk from Woodlands (NS9) MRT station.

The venue is disabled-friendly.

By the end of the course, learners will be able to

outline the process of financial statement analysis
review financial analysis conducted and determine state of organisations’ financial health
define indices for qualifying investment suitability based on financial health indicators

Download Course Brochure

Certificate of Completion from Tertiary Courses - Upon meeting at least 75% attendance and passing the assessment(s), participants will receive a Certificate of Completion from Tertiary Courses.
OpenCerts from SkillsFuture Singapore - After passing the assessment(s) and achieving at least 75% attendance, participants will receive a OpenCert (aka Statement of Achievement) from SkillsFuture Singapore, certifying that they have achieved the Competency Standard(s) in the above Skills Framework.

IBF - Financial Analysis for Non-Finance Managers

Course Code: TGS-2022602569

WSQ
SkillsFuture Credit
PSEA
UTAP
IBF
SFEC
Absentee Payroll
MCES

13 Review(s) | Add Your Review

Unlock the secrets of financial management with our IBF-STS Financial Analysis for Non-Finance Managers course. Designed for professionals without a financial background, this course breaks down complex financial concepts into manageable insights. You will learn how to interpret financial statements, understand budgeting principles, and analyze cash flows, enabling you to make data-driven decisions. Acquire the skills to assess the financial health of projects and departments, and communicate effectively with financial teams, enhancing your overall managerial effectiveness.

Take your managerial role to the next level by mastering key financial metrics and ratio analysis, and gain an introduction to forecasting techniques. This course combines theoretical knowledge with practical case studies and real-world scenarios, preparing you to apply your skills immediately in a managerial context. Ideal for team leaders, department heads, and project managers, this course equips you with the financial tools you need to contribute to your organization's success and profitability.

Brochure

Download WSQ - Financial Analysis for Non-Finance Managers

About IBF Certification

This course address the following Technical Skills and Competences (TSCs) and proficiency level:

Investment and Financial Management Level 5 TSC under Financial Services Skills Framework

Participants are encouraged to access the IBF MySKills Portfolio https://www.ibf.org.sg/programmes/Pages/MySkills-Portfolio.aspx to track their training progress and skills acquisition against the Skills Framework for Financial Services. You can apply for IBF Certification after fulfilling the required number of Technical Skills and Technical Competencies (TSCs) for the selected job role.

Find out more about IBF certification and the application process at on https://www.ibf.org.sg/certification/Pages/Why-be-Certified.aspx.

Full Fee $800.00 Before GST

GST $72.00 9% of fee

Baseline Nett $472.00 SG/PR age 21+ · 50% funded

MCES / SME Nett $312.00 SG age 40+ · 70% funded

IBF-STS Accreditation - Up to 70% Funding

SkillsFuture Credit (SFC)

Eligible Singapore Citizens can use their SFC to offset course fee payable after funding but the $4,000 Additional SFC (Mid-Career Support) cannot be used. Click here for SkillsFuture Credit submission

UTAP

Eligible NTUC members can apply for 50% of the unfunded fee from UTAP, capped up to $250/year and for members aged 40 and above, capped up to $500/year. Click here to submit UTAP

Please bring your own laptop for hands-on training. If you don't have laptop, we can provide spare laptop for training use.

We provide free consultation related to the subject matter after the course.
Please email your queries to enquiry@tertiaryinfotech.com and we will forward your queries to the subject matter experts.

You can register your interest without upfront payment. There is no penalty for withdrawal of the course before the class commences.
We reserve the right to cancel or re-schedule the course due to unforeseen circumstances. If the course is cancelled, we will refund 100% for any paid amount.
Note the venue of the training is subject to changes due to availability of the classroom.

Course Details

The different financial ratios

Profitability Analysis

Cash Flow Analysis

Projected financial and cash-flow statements

The process of financial statements analysis

Use financial analysis to determine the health of an organisation

Evaluate organisation’s historical financial performance

Investment suitability based on financial analysis

Analysis for the financial services industry

Benchmarking of financial performance against industry

Use Capital Budgeting to evaluate potential investment returns

Written Exam
Practical Exam

Course Info

Promotion Code

Promo or discount cannot be applied to IBF-STS courses

Minimum Entry Requirement

Knowledge and Skills

Able to operate using computer functions
Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)

Attitude

Positive Learning Attitude
Enthusiastic Learner

Experience

Minimum of 1 year of working experience.

Target Age Group: 21-65 years old

Minimum Software/Hardware Requirement

Software: NIL

Hardware: Windows and Mac Laptop

Self-Sponsored Individuals

Up to 70% subsidy is available for Singapore Citizens and Permanent Residents of Singapore, physically based in Singapore. GST funding support will no longer be applicable for all courses.

Company-Sponsored Individuals

Up to 70% subsidy is available for Singapore Citizens and Permanent Residents of Singapore, physically based in Singapore. Please note:
The company must be a Financial Institution regulated by MAS or a FinTech firm certified by Singapore FinTech Association (SFA)
To register, please email your company name and your name to reachus@knowledgehut.com.sg.
For more information on the IBF subsidies and eligibility, please visit:  https://www.ibf.org.sg/programmes/Pages/IBF-STS.aspx

Steps to Apply Skills Future Claim

The staff will send you an invoice with the fee breakdown.
Login to the MySkillsFuture portal, select the course you’re enrolling on and enter the course date and schedule.
Enter the course fee payable by you (including GST) and enter the amount of credit to claim.
Upload your invoice and click ‘Submit’

Get Additional Course Fee Support Up to $500 under UTAP

The Union Training Assistance Programme (UTAP) is a training benefit provided to NTUC Union Members with an objective of encouraging them to upgrade with skills training. It is provided to minimize the training cost. If you are a NTUC Union Member then you can get 50% funding (capped at $500 per year) under Union Training Assistance Programme (UTAP).

For more information visit NTUC U Portal – Union Training Assistance Program (UTAP)

Steps to Apply UTAP

Note

SSG subsidy is available for Singapore Citizens, Permanent Residents, and Corporates.
All Singaporeans aged 25 and above can use their SkillsFuture Credit to pay. For more details, visit www.skillsfuture.gov.sg/credit
An unfunded course fee can be claimed via SkillsFuture Credit or paid in cash.
UTAP funding for NTUC Union Members is capped at $250 for 39 years and below and at $500 for 40 years and above.
UTAP support amount will be paid to training provider first and claimed after end of class by learner.

Job Roles

SME Business Owner
Financial Analyst
Business Development Manager
Financial Consultant
SME Accountant
Finance Manager
SME Credit Analyst
Investment Banker focusing on SMEs
Venture Capitalist
SME Loan Officer
Business Strategy Consultant
Start-up Founder
Economic Development Specialist
Chief Financial Officer (CFO) for SMEs
Financial Planner specializing in SMEs

Trainers

Iris Wang is a finance and accounting professional with over 15 years of experience in financial management, analysis, and reporting across corporate and SME environments. She has a strong track record in guiding business owners and professionals to interpret financial data for strategic decision-making. With deep expertise in financial accounting, budgeting, and performance analysis, Iris has trained numerous participants in understanding key financial statements, cash flow management, and profitability assessment. Her practical approach bridges technical finance concepts with real-world business applications, enabling non-finance professionals to gain confidence in financial literacy and management.
In “IBF – Financial Analysis for Non-Finance Managers,” Iris focuses on empowering learners to interpret and analyze financial statements effectively for business planning and evaluation. Her sessions cover core topics such as ratio analysis, cost structures, working capital management, and financial forecasting, illustrated through practical case studies. Through her structured and interactive teaching style, she ensures participants gain the analytical skills to evaluate financial performance, make data-driven decisions, and contribute more strategically to their organization’s financial health.

Gary Chan is a Chartered Accountant (ACCA, ISCA) with over 25 years of senior leadership experience in corporate finance, regional expansion, and strategic management. Having served as Regional CFO of a multinational corporation, Director of Corporate Services for an SME, and Vice President for Asia Pacific in a Fortune 500 company, he brings a wealth of practical knowledge in financial planning, P&L management, and international business strategy. Currently the Principal Trainer and Consultant at Smart Skill Training & Consulting, Gary has delivered courses in financial literacy, corporate finance, and business management to organizations such as Singapore Polytechnic, Singapore Business Federation, and the Institute of Financial Literacy.
As an ACTA-certified trainer, Gary is passionate about equipping non-finance managers with the ability to interpret financial statements, evaluate investment opportunities, and apply financial analysis in decision-making. His training style is engaging and learner-focused, combining technical financial expertise with relatable case studies and industry insights. By bridging theory with practical applications, he empowers participants to understand financial data, improve business decisions, and contribute more effectively to their organizations’ success.

Bell Ang is a trainer and consultant with professional expertise in finance, auditing, and corporate governance. Having supported organizations in financial analysis, compliance, and reporting, she brings a practical and governance-focused perspective to financial training. For this program, Bell emphasizes interpreting financial statements through ratio analysis, guiding learners to uncover strengths, weaknesses, and risk factors in business performance. Her sessions highlight real-world applications, preparing participants to make informed financial decisions.

Soo Chee Kong is an experienced finance professional and trainer specializing in financial planning and analysis, management reporting, and internal control compliance. With a career spanning roles in JTC Corporation, Eu Yan Sang, and Sumitomo Electric, he has led budgeting processes exceeding $1.2B in revenue and $2B in capital expenditure. His expertise includes implementing SAP financial systems, developing financial models in Excel, and reviewing capital expenditure proposals with strong business acumen.
As a Chartered Accountant of Singapore and ACTA-certified trainer, Chee Kong has conducted financial training for LCCI and Accounting for Non-Financial Professionals. His practical teaching emphasizes applying financial concepts such as discounted cash flow, ROI, and IRR in real-world business scenarios. By blending technical skills with hands-on case studies, he enables non-finance managers to understand key financial principles and apply them in strategic and operational decision-making.

Review

Customer Reviews (13)

will recommend Review by Course Participant/Trainee

1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment

Very insightful course and instructor Mr. Gary Chan is able to explain the contents/lectures very thoroughly. (Posted on 7/30/2023)

might recommend Review by Course Participant/Trainee

1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment

, (Posted on 12/30/2022)

will recommend Review by Course Participant/Trainee

1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment

Great Trainer Gary Chan provides a very strong easy understanding of financial knowledge. This course can benefit me greatly and help in my work to the next level. I strongly recommend this course. (Posted on 10/30/2022)