Finance for Non-Finance Executives:

Objectives:

  • To understand the role of Financial Statements in Business and Economy
  • To measure the business performance for effective management of resources
  • To know the cost components and its behavior to have better financial planning
  • To use management Accounting Technique for better management decisions,

Course Overview:

In new emerging business world, managerial performance is measured by how effectively they achieve their budgets. To be a successful non-financial manager, one needs to have an understating of basic and concepts of finance and accounts, budgets and business performance measurement. This course will enable the non- finance managers to use the financial and accounting concepts as decision making tools and apply them in order to improve budget management, analyze the available business alternatives to select a best option and assess the financial viability of projects.

Course Major Topics:

  • Introduction to Financial Statements
  • Profit & Loss A/c Analysis
  • Balance Sheet Analysis
  • Cash Flow Analysis
  • Costing Decisions
  • Introduction to Financial Analysis
  • Investment Appraisal
  • Profit Margin
  • Asset Turnover
  • Return on Capital Employed