FINANCIAL POLICIES & PRACTICES

This course is a complete package on Financial Policies which will help students to gain complete knowledge on finance. This Course contains lectures on

1. Financial Policies

2. Profit planning

3. BEP Analysis

4. Depreciation Consideration

5. Proforma Income Statment

6. Retained Earnings

7. Dividend Policies

8. New Financial Instruments

9. Derivative Instruments

10. Types of Derivative Instruments.

11. Capitalization - Over capitalization & Under Capitalization

    This course is designed in such a way that it provides enough knowledge to any student who wants to understand finances & various practices in detail with practical examples. This course will make you understand how finance works for both investors as well as Institutions.

    Profit planning is setting a profit target for the coming period. It is like a summarized version of an estimated income statement. It starts with a forecast of expected sales and desired percentage for gross profit keeping in view the market conditions. In a nutshell, profit planning is a set of steps taken to achieve a desired level of profit. To accomplish this, a number of budgets are prepared.

    Profit Planning is the process of developing a plan of operation that makes it possible to determine how to arrange the operational budget so that the maximum amount of profit can be generated.

    While profit planning is a useful process in any business setting, there are some limitations on what can be accomplished. The effectiveness of the planning is only as good as the data that is assembled for use in the process.

    Successful business performance requires balancing costs and revenues as illustrated by the following model.