
Explore fundamentals of accounting and finance, including profit and loss, balance sheets, assets and liabilities, time value of money, NPV, and IRR for practical, Excel-based cash-flow evaluation.
Explain the three primary financial statements—balance sheet, profit and loss, and cash flow—and their building blocks: assets, liabilities, incomes, and expenses.
The p&l account records income minus expenses for a period, showing changes in equity on the balance sheet and how after-tax profits affect retained earnings and dividends.
Practice making accounting entries by recording interest expense, investments, goodwill, depreciation, and losses from events like fire, while updating cash, balance sheets, and closing entries.
Explore compounding of a 1000 rupee investment at 10 percent annually. Understand discounting by converting future value to present value using the formula present value equals future value over (1+i)^n.
Compare projects A and B by discounting each cash flow at 12% to compute their net present values, then choose the project with the higher NPV.
Learn to calculate the present value of each cash flow, positive or negative, and sum them to obtain NPV, noting that higher discount rate r lowers NPV.
Learn how to compute the present value of a finite annuity with 5,000 payments starting in year one at 10% discount, and contrast with the perpetuity formula 5,000/0.1.
Learn why discounted cash flow relies on cash flows, not accounting profits, to capture the timing of inflows and outflows and assess projects with NPV and IRR.
Learn spreadsheet conventions for discounted cash flow problems by setting input cells, modeling cash flows over project life, calculating NPV or IRR, and avoiding hardcoding formulas.
MASTER THE SCIENCE OF RAISING, ALLOCATING, UTILIZING & DOCUMENTING FINANCIAL RESOURCES
Foster and hone financial expertise to manage strategic business units.
Why is financial knowledge necessary for non finance managers?
Professionals who are equipped with a financial background are highly capable of managing any operating scenario and are considered as good decision makers Moreover, in an organization one has to interact with finance professionals as well and should be aware that how one’s actions influence their figures, The constraints regarding the decisions of the market also need to be understood and for that backing of financial knowledge is highly recommended to ensure that the decision is not putting the financial aspect of the company at stake, In addition, the ability to interpret financial information will help to understand resource acquisition and allocation for communicating more effectively with the firm’s financial managers.
Analyze financial statements
Understand the nature of cost and ways to reduce cost
Take decision regarding price
Decide a product mix and opt for the best suited option of financing the need
What will you Learn?
Communicate & collaborate with stakeholders & business/financial leaders using the right terminology and vocabulary
Learn about fundamental finance concepts
Develop skills in interpreting financial statements
Analyze product P&L to identify trends
Apply finance concepts learned in the last term to create bottom-up financial models for businesses
Understand the basics of Enterprise Valuation, Pre & Post Money Equity valuation
Gain proficiency in designing and presenting financial data
Top skills you will learn
Understanding Financial Statements for business applications
Documenting and reading Financial statements pertaining to business activities
Analyzing financial statements using relevant ratios to assess firm health
Creating and assessing cash flows to arrive at resource allocation decision
Ideal For
Functional Managers, Product Leaders, Business Decision Makers, Product Managers