
Understanding the 4 key components:
- Income & Expense Statement (Profit & Loss Account)
- Balance Sheet
- Statement of Cash Flows
- Notes to Accounts
Explore depreciation as a non-cash expense that affects book profit, preserves cash for working capital, and enables asset refinancing, while touching on basic tax planning and evasion vs avoidance.
Explore the profit and loss account (income statement), detailing revenue from sales or services, taxes, and other income, and distinguish vanity of sales from real cash.
Apply a practical exercise to prepare the income statement for the year ended 31 March 2020 from a balance sheet, calculating operating profit, depreciation, tax, and proposed dividend.
Understand the balance sheet as a snapshot of a company's financial position, with four boxes—non-current assets, current assets, non-current liabilities, current liabilities—plus equity, depreciation, and sources and applications of funds.
Learn to construct a balance sheet and income statement from given data by applying adjustments, depreciation, tax provisions, and non-cash items to calculate cash from operations and working capital.
Explore leading, concurrent, and lagging indicators, ratios, order book, stock, and cash in bank, plus balance sheets and profit and loss to reveal past performance for entrepreneurs.
Analyze profitability by profit on sales and investment, exploring margins (gross, operating, EBIT), profit after tax, and key metrics like ROIC, ROE, and ROA to assess value creation.
Discover how finance drives day-to-day operating decisions, from inventory planning to pricing, using a bakery case study to show practical short-term decision making for non-finance professionals.
This is the finance for non finance training video series (by CA Vishal Thakkar) relevant for all non finance professionals, entrepreneurs, freelancers, trainers, and students / graduates.
Major Objective:
To fast track growth in your career / business by sharpening your financial management & decision making skills in a completely jargon-free manner!
THIS COURSE INCLUDES:
4.5 hours of self-paced learning videos
Certificate of Completion
Anytime & Anywhere access
Templates for real-world application
Regular Video Updates on Latest Finance Trends (New Video content to be added every month to make the course more comprehensive for a life-time)
Content Updates on our Finance for Non-Finance Community
It is most relevant for any non finance executive / manager / business owner to:
→ Intuitively understand the financial health of their company and feel more secure about their job / business
→ Stablilize their work, focus more on revenue generating activities and build a more robust income flow
→ Get an edge over peers with significant control over numbers→ Understand “finance” in a jargon-free manner
→ Fast Track their Growth to the Top by fine-tuning their number-driven decision making ability
→ Identify Revenue Leakages And Effectively Manage Business Cash Flow (and use same approach for Personal Cash Flow)
We can’t stress the importance of being aware of the fundamentals of finance – whether you’re looking to scale your business faster as a non-finance owner / leader in your SME / Startup, OR you’re looking to fast-track your growth as a professional trainer by having complete control over your business finances, OR
you’re looking to climb that corporate ladder faster as a non-finance professional in your company as a part of the HR/Administration/Procurement/IT/Sales/Marketing functions,OR
if you are looking to have a seamless transition to the corporate / business world as a college fresher, OR
if you are someone who strongly believes in the fact that strong financial acumen goes a long way in leading a successful personal & professional life. This course is guaranteed to help you become financially savvy in every walk of life.