Finance for Non-Finance Managers

Financial skills are fundamental to any managerial position. From accruals to write-offs to receivables and payables, this workshop shows non-financial managers the concepts, tools, and techniques that can help make each decision pay off—on the job and on the bottom line.

Through the effective use of actual case studies and annual reports of major Indian public companies. Make more informed business decisions...analyze financial statements with new clarity. Know the workings of the financial markets and understand that the core purpose of your organisation is to increase shareholder value.

How You Will Benefit

• Become grounded in all the principles of corporate finance
• Reduce the risk of financial errors in managerial decision making
• Learn how accounting and bookkeeping work
• Discover the ins and outs of financial statements and what can and cannot be learned from them
• Understand how budgeting fits into the world of accounting and the primacy of cash flow
• Gain greater insight into all the principles of corporate finance, including interest and ROI
• Find out how a organisation allocates its funds to investment opportunities
• Gain the skills that will help you make the right buy/lease decisions
• Learn how to take advantage of cash discounts offered by vendors
• Make more profitable sales by understanding fixed vs. variable costs
• Monitor operating results to achieve long-term financial goals

Course Outline

Understanding Bookkeeping and Accounting

How to Read an Annual Report

• Read and Understand the Financial Statements of a leading companies.

Finance Perspective

• Concepts of the Weighted Average Cost of Capital and EVA^®
• Understand the Importance of Cash and the Timing of Cash Flow
• Explain How "Financial Leverage" Creates a Degree of Risk for the Company

Evaluating Financial Statements

• Compute the Financial Ratios Used by Financial Analysts to Assess:

– The Liquidity of a Business
– The Profitability of a Business
– The Risk of a Business

Operational Budgeting

• Construct a Budget
• Use Budgets Efficiently
• Avoid Budgeting Fallacies
• Work with Different Budgeting Techniques

The Time Value of Money

• Compute a Time Value for Money
• Simple Mathematics of Compound Interest and of Present Value

How the Financial Markets Value a Business

• Different Models of How the Market Values a Business
• Enhance Shareholder Value in Your Organization

Cost Analysis, Profit Planning

• Categorize Costs in a Different Way, to Make Better Business Decisions "At the Margin"
• Utilize a Model That Determines Break-Even Levels of Quantity, Price, and Cost