Finance for Non-Finance

Location Training Mode Duration Date Price Details
Delhi/NCR Class room 2 days 10th & 11th 9000 + GST (18%) Book Now

Course Outline – 2 Days

Importance of Financial Knowledge

Need and Users of Accounting

Accrual and Cash basis of accounting

Accounting Cycle

Accounting Concepts and Principles to Mind while Building Financial Statements

Various Line Items:
The Accounting Equation (Rev-Exp=Profit)
Revenue Exps vs. Capital Exps
The Accounting Equation (A-L=E); Balance sheet Equation (Modern classification
Exercise (Understanding P&L Statement and Balance Sheet of a Company)
Analysis of Financial Statements:
:- Key Ratios and Performance metrics (Profitability, Liquidity, Leverage, Efficiency etc)
:- Time Series and Cross Sectional Analysis
Exercises and Analysis
Capital Budgeting: Evaluating Capital Investment Projects
:- ARR, NPV, IRR and Payback Period Analysis
:- Calculation, Merits and Limitations of each Breakeven Analysis
Decision Making Tools with Excel:
-Scenario Manager
-Goal Seek
-Data Table (Sensitivity Analysis)
-Solver Technique
Exercises and Analysis
Preparing Budgets (Planning)
:- Fixed Vs. Flexible Budgets, Zero based Budgeting Control Process
:- Variance analysis (Operating and Planning variances – who is responsible?)
A Guide to Better Budgets
Exercises and Analysis
  1. Understand and Interpret the Financial reports and performance
  2. Appreciate the difference between Cash Flow & profitability
  3. Gain greater insight into all the principles of Corporate Finance
  4. Make better business decisions based on Financial planning and analysis
  5. Communicate and understand directives given by Finance department
  6. See the big picture of Organisation and get to know how an Organisation allocates its funds to investment opportunities
  7. Increase managerial collaboration on business planning and decision making using budgetary controls and performance review

METHODOLOGY: 

  1. Highly interactive with application of extensive excel based case studies and real life examples
  2. Emphasis on participants gaining practical and hands-on experience
  3. Assessment based learning session
  4. Group/Individual Exercises
  5. QA Session.