Chartered Fintech Professional (CFtP) Level 1A Training Module 2: Financial Statements Analysis
- Analytics & Tech
- Finance & Investment
This module is conducted in-person.
2 days
Weekday and Saturday (9am - 5pm)
Who Should Attend
- Young graduates or early-career professionals who are exploring a new career in Fintech and would like to undergo a structured and rigorous industry-relevant programme
- Professionals who are already working at the intersection of finance and technology and who wish to keep abreast with latest fintech knowledge, applications, and trends
- Finance or Tech professionals who are currently leading teams in related industries and would like to plug their knowledge gaps in finance and/ or technology
- Industry regulators from central monetary authorities, law enforcers of financial crime etc., who are seeking a systemic perspective on the disruptions to financial services and monetary system
PREREQUISITES
- No prerequisites, but participants are strongly encouraged to go through the assigned pre-reading materials and videos, especially if one does not have any prior learning or working knowledge in the subject matter of this Module
- If the participant intends to register for the Chartered Fintech Professional examination following the completion of this training course, do note that an undergraduate degree from a recognised university or equivalent professional qualification is a compulsory enrolment requirement
Overview
The objective of Module 2 is to enable participants to understand the trend and relation between key financial statement variables. Specifically, financial statement analysis tools are used to assess a firm's financial health, risks, and prospects to help manage a firm and help potential investors make their investment decisions.
Before using the financial statements' data, one needs to understand how the financial statement is constructed. This module is devoted to the accounting process mechanics and critical accounting principles underlying financial statements. It aims to understand the three financial statements: the Income Statement, the Balance Sheet, and the Statement of Cash Flows, and finally guide participants in applying some basic techniques in financial statement analysis and evaluation.
This is covered over 3 topics which discuss financial analysis techniques, quality of financial reporting, and evaluation and applying financial statement analysis. At the end of this module, participants should have a clear understanding of how data is constructed and analysed. Understanding the foundation on which techniques to use to analyse the data improves data communication between the data source and end-users, allowing them to be more effective and efficient.
Learning Objectives
At the end of the 2-day module, participants will be able to:
- Understand general principles of revenue recognition and the matching principle of expense recognition
- Describe the elements of the income statement
- Describe the uses and limitations of the balance sheet in financial analysis
- Identify cash flow activities from operations, investments, and finance to compare them and classify cash flow items relating to one of these three categories
- Illustrate the tools and techniques used during financial analysis and their limitations
- Illustrate the accounting methods (estimates and choices) that can be used to manage earnings, cash flow, and balance sheet items
- Describe accounting warning signs and methods for detecting manipulation of information in financial reports
- Understand earnings management and evaluate earnings quality
- Describe the role of financial statement analysis in assessing the credit quality of a potential debt investment
- Detail the use of financial statement analysis in screening for potential equity investmentsDescribe the demand/ supply curve and the Law of Demand/ Supply and price elasticity
Assessment
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
Calculate Programme Fee
Fee Table
| COMPANY-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$654 (After SSG Funding 70%) |
$254 (After SSG Funding 70% |
$654 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
|
International Participant |
$2,180 (No Funding) |
$2,180 (No Funding) |
$2,180 (No Funding) |
All prices include 9% GST
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Company Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
This module is conducted in-person.
| Course | Dates |
|---|---|
| INTAKE | [To Be Confirmed] |
*Online registration will close 5 calendar days before the course start date
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