Finance for Non Finance Managers

Enables professionals, especially from functional areas other than finance such as sales,marketing, human resource, research and development, production, procurement, to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner,enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on

In this 6 hour course on Finance for Non Finance, we endeavor to introduce you to the key concepts of finance so you can contribute to the success of your business. It will help us understand the language used by accountants and how financial statements fit together. Further we will understand how to user ratio analysis for getting a sense on the company’s performance. In addition, we introduce you to the concepts of management accounting and decisions such as make-or-buy, shut-down etc. You will gain understanding into how to implement Budgeting and Working Capital Management. The exciting part is also the lesson on Investment Appraisal where you will learn how to evaluate business proposals from a return standpoint.

Contents

1) Understanding Financial Accounting

2) Understanding Financial Statements

3) Journal and Ledger

4) Preparing Profit and Loss Account and Balance Sheet from Trial Balance

5) Illustration- Cash Flow Statement -1

6) Illustration- Cash Flow Statement -2

7) Analysing financials of Starbucks Corp

8) Analysis of Financial Statement_Common Size Statements_Ratio Analysis

9) Case Study_Ratio Analysis

10) Management Accounting

11) Budgeting

12) Case Study _Break-even Analysis

13) Investment Appraisal | NPV | IRR | Payback Period

14) Pricing for Profit

15) Working Capital Management