In today’s highly volatile marketplace, the financial literacy and business acumen of your managers, sales professionals and employees are fundamental to bottom-line success of your organisation.
With a higher-level understanding of your organisation’s financial and strategic drivers — and a keen appreciation for their own impact on those drivers — your employees can make more profitable decisions, influence revenue generation and take actions that support your organisation’s strategies.
The Fear of Accounting is Just a Myth!
- Finds it difficult to interpret financial data into useful information?
- Uncomfortable to face budget expenses or deal with financial data to make decisions?
- Confused by the accounting terms and find it very challenging to interpret of financial information?
- Uncertain or uncomfortable when making decisions?
- Doing your part in meeting financial goals?
- Aware of how your daily decision-making make an impact on profit?
- Blindly replicating last year’s budget?
Whichever industry you’re in, SME, larger business or organisation knows that achieving and maintaining financial control is absolutely vital.
In Quest, we believe that improving the financial acumen of all managers and employees can have an immediate and lasting impact on an organisation’s bottom line.
And the good news is… developing financial acumen can be fast, fun and effective.
Why Color Accounting Works?
The Color Accounting approach to accounting learning is interactive: Logical colors, vivid diagrams, plain language, accelerated learning techniques, and even special sound effects, cater to all learning styles.
Colorful diagrams means that learners are now able to – literally – see how accounting, finance and business work.
Color Accounting is a teaching system that uses diagrams and logical colors to show graphically how accounting and business work so you or your team will make better decisions.
We fully engage the participants with story-telling, physical materials and vivid models during the workshop. They use their hands, their senses and their minds. No boring slides, no power failures, no 'same old same old'.
The accelerated learning and adult learning means it all fits into two energizing days. Right from the start we want our participants to be thinking:
"Hmmmm, this seems a little different to what I was expecting. It could even be enjoyable."
"This sure beats the tired old Finance For Non-Financial Managers course I sat through before."
By improving your people’s financial literacy,
your team will be able to:
- Balance Sheet Understanding: A deep understanding of the balance sheet is essential as it provides a snapshot of a company's financial position at a specific point in time. It helps individuals and businesses track assets, liabilities, and equity, which are fundamental to financial decision-making.
- Income Statement and Its Connection to Balance Sheet: The income statement shows the profitability of a company over a period. Understanding how it connects with the balance sheet is vital for comprehending how profits and losses impact the financial position.
- Clear Definition of Financial Terms: Defining terms like assets, liabilities, equity, revenue, and expenses is the foundation of financial literacy. These terms are the building blocks of financial analysis.
- BaSIS Framework™: Integrating these five elements into a holistic framework (BaSIS Framework™) provides a structured approach to financial analysis and decision-making, helping individuals and businesses make more informed choices.
- Value Cycle of Business: Understanding the value cycle of a business involves recognizing how value is created, captured, and delivered in a business model. This knowledge is essential for optimizing business performance.
And so much more...
Trainer's Profile
Annie Wong, CFP
B. Sc. (Summa cum laude)
CPT, IPMA, UK
HRDF Certified Trainer
CMSRL license holder
Accredited Color Accounting Trainer
10 years experience in the field of training and SME business consulting
Internationally recognized Certified Financial Planner (CFP Professional) cum Certified Professional Trainer (CPT)
Currently a CMSRL Financial Planner (Licensed by Security Commission Malaysia)
Started own company giving people advices on finance since 2018. Annieway 96 consultancy has been helping more than 400 clients to do better financial decisions.
Well verse background: Graduated as Highly Distinction Bachelor Science Degree from Campbell University. A master of Numerology and completed full book keeping course back in 2018.
COLOR ACCOUNTING:
Improving Financial Literacy for Better Decision-Making
22 & 23 Nov 2023
9:00am - 5:00pm
Online via Zoom
Register before 12 Nov 2023
RM1,980
ONLY AT
RM1,400/pax
*HRDC Claimable
SPECIAL BONUS!!
ONLY FOR FIRST 10 PAX
FREE 5 KEY INDICATORS TO SCORE BUSINESS SUCCESS TEMPLATE
*Prices are subject to 6% SST
PROGRAM OUTLINE
Color Accounting is a financial workshop that uses patented pictures and clear language for easy learning that works like never before..
Session 1 : The Fundamentals of Accounting
This first session puts in place the fundamentals of accounting and finance using our unique and intuitive visual framework. The specific content includes:
- Accounting literacy underpins business acumen
- The three themes of accounting: structure, mechanics and language
- Emotional responses to financial statements
- The importance of perspective
- Accounting as a system of organizing: The 5 elements
- Historical background of accounting
- The accounting duality: How accountants see the world
Session 2 : The Board
The Board is our interactive accounting learning tool to practice and reinforce the fundamentals covered in the morning. This enhances peoples understanding of accounting through looped learning and discovery learning of new concepts. Specific content of this session includes:
- Bank or cash? The importance of the bank reconciliation
- Equity: US and UK terminology
- How accounts are decreased as opposed to increased
- Asset acquisitions
- Inventory acquisitions
- Introducing cost of sales
- Deferred revenue
Session 3 : Business Acumen
Now that participants understand how accounting works and what accounting terms mean, they are in a position to start reading and analyzing financial statements. This session focuses on a case study set of financials and enables people to think about the business story behind the numbers to see how a business is performing.
Specific content of this session includes:
- Re-stating the framework to identify the 5 elements
- Introducing retained earnings
- A simple business narrative
- Identifying key year on year variances
- Analyzing the Income Statement
- Sales and cost of sales trends
- Impact on gross margins
Who Uses The New Way Of Learning Financial Literacy?
Professionals at all levels of organisation including:
- Non-financial managers
- Heads of departments
- Human resource and L&D managers
- Senior- & mid-level executives
- Entrepreneurs & business owners
- Lawyers / Attorneys
- People in leadership positions
Clients That Have Worked With Us
Testimonials
Organised by
We exist to awaken people to live lives of abundance.
Mission: People are empowered to make wise decisions, collaborate effectively and amplify value - a financially conscious world.
Wealthvox (formerly known as Color Accounting International) is a publishing company and workplace education provider. We've developed and distribute the Color Accounting learning system (or 'Color Accounting' if you prefer - we use both spellings). We work with a network of accredited Partners. Color Accounting workshops are available in English, Spanish, Arabic, African, Simplified Chinese, Bahasa Indonesia, Bahasa Malaysia, Portuguese and Italian.
We are a social enterprise, with a dual social-impact and commercial motive. We advocate accounting as a fundamental form of literacy, like Reading, Writing and Arithmetic. Accounting literacy has the power to improve lives, corporations, not-for-profit organizations and governments.
Delivered by
Our goal at QUEST Learning is to help organisations improve performance, productivity and profits through result-based training, coaching and consulting.
For over 30 years, we have worked with global brands and hundreds of organisations throughout Asia, bringing tangible results and improvement to their organisations. Headquartered in Kuala Lumpur, Malaysia, we serve our clients throughout the region from our offices in China, Singapore, Hong Kong and Indonesia, providing our clients the opportunity to work on a regional platform.
We provide organisation- and industry-specific solutions in 6 areas: Business Acumen, Leadership & Management, Persuasive Communication & Influence, Sales & Marketing, Service Quality, and Organisational Development.
We teach business acumen to non-financial people, and they love it!
For inquiries, please contact:
Hanisa : hanisa.izzati@qscasia.com / +60 13-385 6744
Quest Learning Wisma QUEST, No. 36-4, Jalan Metro Pudu, Fraser Business Park, Off Jalan Yew, 55100 Kuala Lumpur Tel: 603-8933 6218 | Email: workshop@qscasia.com
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