Finance for Non-Finance
Overview
- Get practical insights and gain swift appreciation of the fundamentals of finance and accounting.
- Understand and analyze financial statements from the prospective of Decision makers.
- Understand Financial implications of various business decisions.
- Get practical insights of Controlling Finance by effective use of Budgetary Controls.
Who should Attend:-
- Professionals & Executives from Non- Finance background.
Course Contains:-
Module1 - Basics of Financial Accounting and Financial Statements
- Balance sheet
- P&L account
- Cash flow statements
- Profit v/s Cash Flow analysis
Module-2 Finance Controlling
- Budgetary Control- How to set up, Types of Budgets, Variance Analysis
- Cash flow Projection & Management- set up Daily, monthly, Yearly cash flow
- projections, Controlling Planned & Actual cash flow.
- Ratio Analysis- Various financial & Operational Ratios with their interpretation.
- Case study and illustrations (in Excel)
Module-3 Evaluation of Investment Projects
- Meaning of capital budgeting
- Approaches to capital budgeting
- Techniques of capital budgeting
- Practical application of net present value and internal rate of return
- Features of capital budgeting decisions
- Case study and illustrations (in Excel)
This Course will Help you:-
- To gain Conceptual understanding of Financial & Accounting Concepts.
- To gain detailed understanding of :-
- How to read & understand Financial Statements
- How to Analyze financial data .
- How to prepare Budgets.
- Decision making from financial prospective.