Accounting for Business Decision Making

Today’s managers have to think strategically about their bank’s position and about the impact of the current and foreseeable turbulent conditions. They have a good understanding of the financial statements to monitor the performance of the bank & the industry closely enough to know when to institute actions and strategies to improve the performance of the company in the intense competition within the banking industry.

They have to understand the financial ratios well enough to know what kind of banking industry best practices. The bank's financial performance should be measured against the banking industry and it major peers. Comparison should be conducted in effective and regular manner.

After completion of this program, participants will be better able to:

• Understand the major financial statements produced by the bank
• Understand the financial ratios commonly used, including the compliance ratios in the banking industry
• Formulate financial ratio analysis working papers, including comparison with peers and industry
• Comprehend the importance of capital and asset quality in banking industry
• Prepare management presentation to the BOD and BOC on the financial performance, including the improvement plans suggested to BOD and BOC
• Set up appropriate action plan for improvement and sustain business