
Topics to be covered and Setting the Context of the Course
Finance For Non Finance Course Benefits and its Importance
What is Inventory and Methods of Valuation
Forms of Business Organization
Users of Financial Statements
Business Activities
Communicating with Users and What are the Financial Statements
Balance Sheet
Income Statements
Going Concern
Accrual Basis
Depreciation
Optimal Capital Structure and How to Calculate it
CAPM (Capital Asset Pricing Model)
WACC (Weighted Average Cost of Capital)
Importance of Cash Flow Statement vs Profit
1.Revenue Recognition Principle
2.Expense Recognition (Matching) Principle
3.Cost Principle
4.Full Disclosure Principle
5.Separate Entity Concept
6.Conservatism
7.Monetary Measurement Concept
8.Going Concern Assumption
9.Time Period Assumption
Current Ratio, Quick Ratio , Cash Ratio, Total Debt Ratio, Debt/Equity Ratio, Equity Multiplier, Total Assets Turnover, Fixed Assets Turnover, Cash Turnover, Inventory Turnover Ratio, Receivables Turnover Ratio, Return on Assets, Return on Equity, Profit Margin Ratio etc.
Cost Concepts - Fixed Cost, Variable Cost, SEMI Variable Cost
Days Payable Outstanding
Days Inventory Period
Days Receivable
Finance knowledge is must to have skill which every individual must possess in their career whether running its own business or planning to do a Start Up or working in a corporate in any area. By combining finance understanding with existing other domain knowledge can be advantageous for better future for an individual and for generating profits in business.
Learning the Finance Education is interesting and its very easy to learn as every individual manage some sort of finance it their life.
This course is designed specially for Non Finance professionals/managers or business owners - small, mid size or big who have limited knowledge about Financial Concepts and its always tough to read big books or find out large amount of time.
This course will provide enough knowledge in short duration about finance and how to use them regularly and be at extra edge always at career and take decisions driven by understanding the Business Reports and by the same time able to benchmark the same with peer groups or companies
You will be explained all about Finance Fundamental of followings:-
Basics of Finance & Accounting,
Understanding the Financial Statements
Capital Budgeting,
Ratio Analysis
Costing Concepts
Valuation Techniques - DCF and other methods
Financial Modeling
How to read Annual Reports and Sources
Budgeting & Forecasting
Zero Based Budgeting
Compliance Management
Working Capital Management
Financial Statements are part of every business which is Balance Sheet, Income Statement and Cash Flow and by having the understanding of the same business will be able to generate more profits by applying finance fundamental
You will also understand how to read the financial statements of big companies and how does make it important to have Finance knowledge.