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DRIVING PROFESSIONAL STANDARDS

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<strong>DRIVING</strong> <strong>PROFESSIONAL</strong> <strong>STANDARDS</strong><br />

FINANCIAL<br />

RISK<br />

These courses are created to enable participants<br />

to develop a comprehensive understanding on<br />

important areas of Financial Risk in Insurance in a<br />

reasonably short time frame.<br />

Title<br />

3.13 Introduction to Financial Statement and Financial Risk Analysis<br />

Duration<br />

Time<br />

2 Days 9.00 am to 5.00 pm<br />

Venue<br />

The Malaysian Insurance Institute City Centre<br />

Suite 6.0W, 6th Floor, Wisma Sime Darby, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.<br />

Key Learning<br />

Outcomes<br />

Key Course<br />

Contents<br />

At the end of the course, participants would be able to:<br />

• Gain fundamental knowledge of basic financial statements and key items of balance sheet, revenue<br />

account, income statement and annual report<br />

• Understand the concept of financial and risk analysis, based on items gathered from the financial statements<br />

• Understand the fundamentals of the Risk-based Capital Framework and Solvency Management for<br />

insurers and takaful operators<br />

Part 1<br />

• Introduction to basic financial analysis<br />

• Purpose and function of financial accounting<br />

• Users of financial information and their information requirements<br />

• Balance sheet<br />

• Revenue account<br />

• Income statement<br />

• Cash flow statement<br />

• Annual report and notes to the annual report<br />

Part 2<br />

• Application of financial and risk analysis<br />

• Types of financial analysis<br />

• Introduction to key financial ratios<br />

• Measuring financial strength of insurance & takaful companies<br />

• Solvency framework<br />

• Introduction to Risk-based Capital Framework for insurers & takaful operators<br />

FEES<br />

LOCAL<br />

RM 1,600<br />

INTERNATIONAL<br />

USD 550<br />

4. TRAINING<br />

COURSES<br />

- OTHERS<br />

5. CERTIFICATION<br />

4. CERTIFICATION PROGRAMMES 4. TRAINING COURSES 3. SHORT COURSES TRAINING<br />

PROGRAMMES<br />

- OTHERS<br />

6. 5. CONFERENCES<br />

98 99<br />

6. 7. <strong>PROFESSIONAL</strong> PROGRAMMES<br />

PROGRAMMES

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