[Online 2-Day] Strategic Financial Response to a New World Order
Course Information
  • 01-Jun-2020
  • Online
  • Dr. Yee Hun Leek
  • English
  • RM 430 RM 380
    Until 26 May 2020
  • 9:00am - 12:30pm
[01] INTRODUCTION

The invisible new coronavirus continues to spread rapidly around the world, prompting governments to step up efforts to contain the spread of the disease. This pandemic has resulted major impact on the economies and businesses of all sizes globally for a year or longer.

On 1 May, the Prime Minister has announced a gradual opening up of our economy while under the Movement Control Order (‘MCO’). The fact is Malaysia businesses have been hard hit, even with the Prihatin stimulus packages provided by the Government. Therefore, companies have to urgently evaluate the impact it has on their businesses and look into the importance of managing cash flow, changing business model etc. As the world will be very different post-MCO, companies have to adapt and develop the right strategies for survival and sustainable growth.

This unique webinar is the outcome of detail research made on global best practices. Studies have shown that different sectors/ companies have reacted differently during and after the crisis (e.g. companies in China). Inevitably some have survived and others have foundered. Likewise, expect ‘Pandemic-created’ businesses to emerge. By attending this webinar, learners will gain valuable business insights, explained in laymen terms and supported by case
studies.

[02] OBJECTIVES

• To provide global outlook and highlight Malaysia’s extra hurdles arising from COVID -19 pandemic
• To provide the findings on the impact on businesses
• To highlight the challenges faced by businesses
• To explain the importance of cash and liquidity management
• To understand crisis management and key concern of strategy execution
• To highlight financial management implications and provide checklist for key areas
• To develop strategic response to address the pandemic and shifts in consumer behaviour

[03] METHODOLOGY

This workshop will be interactive using power-point presentation with practical examples and case studies.

[04] WHO SHOULD ATTEND

• Undergraduate and postgraduate students
• Accounts Executive
• Chartered Accountant
• Internal auditor
• Auditor
• Accounts and Finance Manager
• Head of department
• Finance Director / Financial Controller / CFO
• COO
• CEO
• Company and Independent Directors
• Business owner / entrepreneur

[05] DATE, TIME & FEE

DATE: 2-3 Jun 2020 (Mon-Tue)
TIME: 9.00AM - 12.30PM
VENUE: Online

FEE:
Early Bird (before 18 May 2020) - RM330
Special Offer (before 25 May 2020) - RM380
Normal Fee - RM 430

>> Fee includes Course Notes, Certificate of Attendance & 6% Government Service Tax

**Discounts**
(i) SST2u Loyalty Card Member - overriding 15%

[06] COURSE OUTLINE

Session 1 – Universal Implications of Pandemic On
Businesses – Survival Checklist (3 hours)
• Global outlook and Malaysia’s extra hurdles arising from COVID-19 pandemic
• Findings on the impact on businesses
- People
- Productivity
- Cash flow
• Stimulus packages - challenges faced by businesses Q&A Session
• Cash and liquidity management
- Cash flow management: how to get cash flowing into your business
- Working capital management: unlocking cash from balance sheet
- Organising and managing borrowing facilities
- Checklist for cash and liquidity management

Q&A Session

Session 2 – Best Practices in Business Remodeling – Position for Rebounding (3 hours)
• Crisis management – dealing with disruptive and unprecedented pandemic
- case study
• Key concern of strategy execution
• Financial management implications and checklist for key areas
- Priortisation and communication
- Cash flow and liquidity for medium and long-term
- Risk management
- Financial controls
- Strategising, planning and budgeting Q&A Session
• Different world post-MCO: Expected shifts in consumer behaviour
• Develop your strategic response
- COVID -19 strategy matrix
- Switching from defence to counter attack
- Case studies

Q&A Session


[07] SPEAKER PROFILE

DR YEE HUN LEEK
Certified HRDF Trainer
BSc (Econ) Hons (London), MSc (UoG),
PhD (Curtin) CA (M), FCCA (U.K),
ACPA, CTP, CP (Consulting) AIMUK, PHF

Dr. Yee is an approved auditor and tax agent licensed by the Ministry of Finance; and a SSM Certified Trainer for MBRS. He has over 24 years of experience, including at KPMG Malaysia, in audit, tax, accounting, company secretarial and consultancy services. He has conducted GST / SST, auditing standards, accounting and tax related trainings for the Malaysian Institute of Accountants (MIA), the Malaysian Institute of Chartered Secretaries and Administrators (MAICSA), CCH / Wolters Kwuler (Malaysia), CPA Australia, universities and other training providers.

Dr, Yee is a Technical Consultant of a leading Cloud Accounting Software Provider which incorporated the application of Robotic Process Automation (RPA), Machine Learning (ML) and Artificial Intelligence (AI) in finance. He is currently involved in a project with a software developer utilizing RPA, ML and AI for MBRS conversion.

Dr. Yee holds a Bachelor of Science in Economics, majoring in Management Studies from the University of London; a Master of Science in Accounting & Finance from the University of Gloucestershire (U.K.); and a PhD in Accounting & Finance from Curtin University, Australia. He is a fellow member of The Association of Chartered Certified Accountants (U.K.), an ASEAN Chartered Professional Accountant, a Chartered Accountant of the Malaysian Institute of Accountant, and
an associate member of the Chartered Tax Institute of Malaysia

[08] ENQUIRY & REGISTRATION

Enquiry: SSTcourse@gmail.com
Contact:
General (03 - 8082 3357)
Teo (011 - 3178 9203)
Logesh (012 - 503 0346)
Siti (012 - 383 8603)
Han (019 - 323 0507)