Course Detail(BF134 : Mitigating Business & Financial Risks with Quantification Methodology)

BF134 : Mitigating Business & Financial Risks with Quantification Methodology

7.00 CPE Hours (Others)
Classroom
In Collaboration with:  

Programme Objective
 

How can we quantify risks and credit-worthiness of our organisation or our business counterparties?  This course teaches you the techniques to quantify business and financial risks and assign internal credit ratings for companies using Microsoft Excel spreadsheet to demonstrate how it works in practice!

 

Whether you are an investor or a corporation, you need to identify, assess, quantify and mitigate business and financial risks inherent in every business, department and operation.  In this course, you will be guided on the quantification methodology which is superior to highlighting key risks areas without numerical assessment.

 

Acquire skills to enhance your business understanding and financial acumen in:

  • Risks and Controls Identification, Assessment and Management
  • Risks and Controls Quantification Methodology
  • Sector Risks Decomposition
  • Credit Rating Quantification Methodology

 

Past Auditor-General Office (AGO) Reports on lapses in risks management and controls implementation will be discussed with private sector examples.

Programme Outline

Session 1: Risks and Controls Identification, Assessment and Management

  • Risks Terminologies: Risk, Insurance, Pure Risk, Speculative Risk
  • Risks Management Process and Risk Assessment Factors:
    • Risks Identification: Strategic, Governance, Operational, Accidental
    • Risks Assessment: Assigning Risk Ratings, Setting Risk Thresholds
    • Risks Management: What we need to do to sleep well at night J

Session 2: Risks and Controls Quantification Methodology

  • Develop Risks and Controls Quantification Methodology for your business, department or operations e.g., Accounts Receivable/Payable Management, Treasury Management
  • Understand the risk numbers
  • Risk mitigation strategies and action plans
  • Hands-on exercise to quantify risks in your own department (Microsoft Excel)

 
Session 3: Business and Financial Risks Decomposition

  • When is credit rating necessary?
  • Understand and manage the credit rating process
  • Identify sector e.g., property sector, for detailed analysis
  • Sector risk assessment factors and components
    • Business strategies and risks
    • Financial policies and risks
    • Management competency, integrity and risks appetite
    • Parent and government support

 
Session 4: Estimate Credit Rating of one Listed Company

  • Develop Credit Rating Quantification Methodology for selected listed company
  • Hands-on exercise to estimate credit rating of a listed property company (Microsoft Excel)

 
Training Methodology

Presentation style with interactive case studies, open discussions and hands-on activities using Microsoft Excel.

  • Risks and Controls Quantification Methodology
  • Credit Rating Quantification Methodology


Closing Date for Registration
 
1 week before programme or until full enrolmen

Intended For

This workshop is designed for accounting and finance professionals who manage budgeting, financial planning/analysis and treasury, as well as credit and business analysis, auditors and anyone who wishes to upskill for career development.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

20 Oct 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Patrick TK Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

24 Jul 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Patrick TK Tan

Date & Time

27 Jun 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Patrick TK Tan

Date & Time

27 Nov 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Patrick TK Tan

Testimonial

Funding

No funding Available!

Programme Facilitator(s)



Patrick TK Tan


Patrick TK Tan is a Fellow Chartered Accountant (FCA) with the Institute of Singapore Chartered Accountants (ISCA).  He also holds the Chartered Financial Consultant (ChFC), Distinguished Toastmasters (DTM) and Advanced Certificate for Training and Assessment (ACTA) qualifications.  He graduated from the National University of Singapore (NUS) with a Bachelor of Accountancy and Master of Business Administration.

 

Currently, he is a Specialist and Senior Lecturer at the Singapore University of Social Sciences.  He teaches Financial Accounting, Managerial Accounting and Financial Reporting, as well as conduct Accounting and Finance workshops.

 

In addition, he serves in the Accountant Journal Editorial Advisory Panel and Information Technology Services Advisory Panel at ISCA.

 

He has about 30 years of experience holding appointments of Chief Financial Officer (CFO), Group Chief Investment Officer (Group CIO), Investment Director, Head of Corporate Finance, Head of Management Accounting and Treasurer.

 

He has real-life hands-on experience in treasury, financing, investment, IPOs, M&A, financial accounting, management reporting, strategic finance, financial operations, compliance, taxation, insurance and risk management.

 

His career spans across utilities, property, consultancy, port, leisure, transport, info-communications, financial and education sectors locally and overseas.

 

Attendees from statutory boards/government agencies will greatly benefit from his experiences in HQ and downstream companies of Public Utilities Board, Singapore Power, Jurong Town Corporation, Info-communications Development Corporation, Sentosa Development Corporation and Singapore University of Social Science.

 

Programme Objective
 

How can we quantify risks and credit-worthiness of our organisation or our business counterparties?  This course teaches you the techniques to quantify business and financial risks and assign internal credit ratings for companies using Microsoft Excel spreadsheet to demonstrate how it works in practice!

 

Whether you are an investor or a corporation, you need to identify, assess, quantify and mitigate business and financial risks inherent in every business, department and operation.  In this course, you will be guided on the quantification methodology which is superior to highlighting key risks areas without numerical assessment.

 

Acquire skills to enhance your business understanding and financial acumen in:

  • Risks and Controls Identification, Assessment and Management
  • Risks and Controls Quantification Methodology
  • Sector Risks Decomposition
  • Credit Rating Quantification Methodology

 

Past Auditor-General Office (AGO) Reports on lapses in risks management and controls implementation will be discussed with private sector examples.

Programme Outline

Session 1: Risks and Controls Identification, Assessment and Management

  • Risks Terminologies: Risk, Insurance, Pure Risk, Speculative Risk
  • Risks Management Process and Risk Assessment Factors:
    • Risks Identification: Strategic, Governance, Operational, Accidental
    • Risks Assessment: Assigning Risk Ratings, Setting Risk Thresholds
    • Risks Management: What we need to do to sleep well at night J

Session 2: Risks and Controls Quantification Methodology

  • Develop Risks and Controls Quantification Methodology for your business, department or operations e.g., Accounts Receivable/Payable Management, Treasury Management
  • Understand the risk numbers
  • Risk mitigation strategies and action plans
  • Hands-on exercise to quantify risks in your own department (Microsoft Excel)

 
Session 3: Business and Financial Risks Decomposition

  • When is credit rating necessary?
  • Understand and manage the credit rating process
  • Identify sector e.g., property sector, for detailed analysis
  • Sector risk assessment factors and components
    • Business strategies and risks
    • Financial policies and risks
    • Management competency, integrity and risks appetite
    • Parent and government support

 
Session 4: Estimate Credit Rating of one Listed Company

  • Develop Credit Rating Quantification Methodology for selected listed company
  • Hands-on exercise to estimate credit rating of a listed property company (Microsoft Excel)

 
Training Methodology

Presentation style with interactive case studies, open discussions and hands-on activities using Microsoft Excel.

  • Risks and Controls Quantification Methodology
  • Credit Rating Quantification Methodology


Closing Date for Registration
 
1 week before programme or until full enrolmen

Intended For

This workshop is designed for accounting and finance professionals who manage budgeting, financial planning/analysis and treasury, as well as credit and business analysis, auditors and anyone who wishes to upskill for career development.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)


Patrick TK Tan


Patrick TK Tan is a Fellow Chartered Accountant (FCA) with the Institute of Singapore Chartered Accountants (ISCA).  He also holds the Chartered Financial Consultant (ChFC), Distinguished Toastmasters (DTM) and Advanced Certificate for Training and Assessment (ACTA) qualifications.  He graduated from the National University of Singapore (NUS) with a Bachelor of Accountancy and Master of Business Administration.

 

Currently, he is a Specialist and Senior Lecturer at the Singapore University of Social Sciences.  He teaches Financial Accounting, Managerial Accounting and Financial Reporting, as well as conduct Accounting and Finance workshops.

 

In addition, he serves in the Accountant Journal Editorial Advisory Panel and Information Technology Services Advisory Panel at ISCA.

 

He has about 30 years of experience holding appointments of Chief Financial Officer (CFO), Group Chief Investment Officer (Group CIO), Investment Director, Head of Corporate Finance, Head of Management Accounting and Treasurer.

 

He has real-life hands-on experience in treasury, financing, investment, IPOs, M&A, financial accounting, management reporting, strategic finance, financial operations, compliance, taxation, insurance and risk management.

 

His career spans across utilities, property, consultancy, port, leisure, transport, info-communications, financial and education sectors locally and overseas.

 

Attendees from statutory boards/government agencies will greatly benefit from his experiences in HQ and downstream companies of Public Utilities Board, Singapore Power, Jurong Town Corporation, Info-communications Development Corporation, Sentosa Development Corporation and Singapore University of Social Science.

 


Upcoming Schedule

Date & Time

20 Oct 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Patrick TK Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709