Beyond the Bank Balance: Mastering Your Personal Cash Flow

Programme Highlights

Learn to read your personal financial statements like a financial strategist so you can manage cash flow, stay solvent, and make smarter financial decisions.

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Personal financial statements are the building block for professional financial and estate planning. It is important to re-visit the basic but critical skills of analyzing the capital, liquidity & solvency of financial statements vis-à-vis the client’s loan agreement, investment contracts, business assets, and ownership structure.

Knowing this hard truth, this course is specially designed to help advisers re-orientate towards the generational wealth market. The purpose is to enable advisers to produce serious production in this market, compete strategically and effectively with the private banks, and raise their professional pride.

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7 CPD Hours
Mode: Face-to-face training
Date: 30 April 2026
Time: 9.00 a.m. to 5.00 p.m.

Key Learning Outcomes

Understand the statutory and professional reasons for crafting personal financial statements

Thecrafting of personal financial statements

Capital,Liquidity, & Solvency Analysis with D.I.L.S. scenario (Death, Illness, Longevity,Special Situations – Divorce, Bankruptcy, Mental Incapacity)

Integratingpersonal financial statements into estate and trust planning.

Programme Detail

Understand the statutory and professional reasons for crafting personal financial statements

Statutory reasons – Schedule of Assets and Liabilities for estate settlement.
Seeking loans from financial institutions
Evidence of financial discipline to take on leadership role.

Crafting personal financial statements

Personal Balance Sheet
Cashflow Statements
Appendix to Personal Balance Sheet – Life insurance portfolio
Appendix to Personal Balance Sheet – Investment portfolio
Estate planning situation
Planning Assumptions

Effects of Death, illness, longevity, special situations scenario on financial statements.

Integrating personal financial statements into estate and trust planning.

Case Studies

Programme Leader

Mr. Allen Lim, IBF Fellow.

Allen Lim is the founding director of Advisers’ Harbour, a brand under Retirement and Inheritance Planning Consultancy Pte Ltd, providing estate planning and wealth succession advisory services to family-owned businesses and generational wealth owners in Singapore and ASEAN. Known for his technical expertise, scenario-based analysis and trend-driven case studies, he is a founding member and president of the Asia Estate Planning Association(AEPA) and led the creation of the Chartered Estate Planning Adviser (CEPA) programme in 2024 to raise professional standards in estate planning. His expertise is recognised by industry bodies including the Singapore College of Insurance (SCI) and THAIFA, and he was conferred IBF Fellow (Financial Planning) by the Institute of Banking and Finance Singapore in 2021. He also founded the “Help Me Read a Book” initiative to promote serious reading skills among youths and working professionals in Singapore.

Allen holds the following qualifications:

CharteredLife Underwriter (CLU)
CharteredFinancial Consultant (ChFC)
CertifiedHNW Adviser
Certificatein Law (Estate Planning)
Masterof Management
AdvancedCertificate in Training and Assessment (ACTA)
FellowChartered Financial Practitioner (FChFP) (Thailand)
CertifiedLegacy Planning Associate (CLPA)

Programme Fee