This programme aims to meet the requirements of the managers who would like to be well versed with the concepts of finance in different functional areas. Deciphering financial jargon and developing the ability to see the business implications of finance is a key outcome of this programme.

Benefits:

• Enhance managers role as decision-makers and understand the implications of finance
• Help them understand and analyse financial statements
• Enable them discuss the relevant financial issues with finance managers in their organisation

Help them understand the impact of various decisions on the company’s performance

Day-1

• . Financial Statements

  • Profit & Loss Statement and Income Statement
  • Balance Sheet (Understand Asset and Liabilities)
  • Cash Flow Statement (Accrual System and Cash System)
  • Quick understanding of GAAP
  • Analysis of Financial Statements
    1. Financial Ratios
    2. Measure of Profitability and Liquidity

  This covers all the below mentioned Finance Terminologies

  • Fixed Asset and Current Asset
  • Equity and Debt
  • Opex and Capex
  • Revenue and Income
  • Profit Center and Cost Center
  • Tangible and Intangible Assets/ Fictitious Assets
  • Depreciation and Amortization
• Cost information for decision making and budgeting
  • Cost concepts including discussion on marginal costing
  • Make or buy
  • Shut down or continue
  • Domestic versus export sales
• Budgeting: 
  • Alternative approaches for budgeting
  • Commonly used budgets
  • Budgetary control process
  • Limitations of budgets
    • Day -2 ( Optional)
• Evaluation of investment projects
  • Capital budgeting meaning
  • Approach to capital budgeting
  • Techniques of capital budgeting
  • Practical application of Net present value and Internal rate of return
  • Features of capital budgeting decisions
• Working capital management
  • Kinds of working capital
  • Operating cycle and components of working capital 
  • Working capital management and decision making
• Wrap Up session