Finance and Accounts for Non Finance Executives

Training

In Mumbai

₹ 0

Description

  • Type

    Training

  • Location

    Mumbai

  • Duration

    2 Days

Facilities

Location

Start date

Mumbai (Mahārāshtra)
See map
PHIROZE JEEJEEBHOY TOWERS DALAL STREET MUMBAI- 400001, 400001

Start date

On request

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Course programme

Finance has been taking center-stage status over the last one and a half decades. What was earlier considered a discipline too technical is today increasingly being embraced by professionals from fields as diverse as manufacturing, marketing, and human resources. What has led to this heightened awareness of the need to understand finance? On the one hand intense competition in product markets has forced companies to think beyond revenue maximization. On the other hand highly liquid and competitive markets for funds have forced companies to focus on providing maximum value to the providers of that scarce commodity- capital. Thus, today, companies are forced to think in terms of justifying their every action in clearly defined financial terms. Today, managerial performance assessment is more closely aligned to the objectives of maximization of the wealth of capital-providers than ever before.Starting with the objective of the firm and an understanding of the financial system, the course progressively builds up concepts and aids the participant in applying these concepts to decision situations from various non-finance functions.The aim of the course is 1. To appreciate the conceptual background of financial management.2. To understand the financial impact of decisions taken by the executives in different discipline.3. To develop financial policy in your area of responsibility.4. To develop guidelines to measure success in financial terms.5. To appreciate the requirements of the provider of finance.6. To improve the knowledge of financial terms to interact with the managers of other competing firms.Program Contents Basic Accounting Concepts 1. Basic Principle of Accounting2. Structure of Balance Sheet3. Trends in Presenting Financial StatementsBasic Concepts in Cost Accounting1. Concepts, Types of Costs2. Cost Classification3. Costs Relevant to Decision Making4. Cost-Volume-Profit-Analysis Budgeting1. Concepts2. Cash Budgeting3. Responsibility Accounting4. Financial Planning Financial Statement Analysis1. Important Ratios2. Du Pont Analysis3. Application of Ratios in Managerial DecisionsCash Management1. Basic Models2. Considerations for Short Term Investments3. Need for Cash and Cash Management4. Principles of Cash Investment Receivable Management1. Receivable Policies2. Control of ReceivablesWorking Capital Management1. Working Capital Policies2. Working Capital Cycle3. Bank Finance for Working Capital

Finance and Accounts for Non Finance Executives

₹ 0